House Speaker Kevin McCarthy on Tue. directed three House committees to open an impeachment inquiry into Pres. Biden.

In his announcement Tue., McCarthy accused Biden of profiting from his son Hunter Biden's business dealings. (CNN)

Is there any evidence pointing to an impeachable crime? Per a CNN fact-checker, no evidence has been presented so far.

The GOP-led House Oversight Committee in Aug. subpoenaed six banks for records of the Biden family's finances.

Their search came up short: per CNN, Republicans found no records of Biden profiting from his family's business deals.

So, why an inquiry? McCarthy's announcement Tue. gives House Republicans broader subpoena powers going forward.

The move sparked a mixed reaction from the GOP: Rep. Ken Buck told MSNBC that there was no evidence backing the inquiry.

South Carolina Sen. Lindsey Graham chastised McCarthy for not holding a vote to open an impeachment inquiry.

In 2019, McCarthy criticized then-House Speaker Nancy Pelosi for opening an impeachment inquiry before a formal vote.

McCarthy also told Breitbart News this month that he would hold a full House vote to launch an impeachment inquiry.

Senate Minority Leader Mitch McConnell was hesitant to comment on the inquiry, instead telling reporters:

Some House Republicans supported the move, such as NY Rep. George Santos.

Indiana Sen. Mike Braun also voiced his support for McCarthy's impeachment inquiry:

House Democratic leadership condemned the inquiry Tue., noting the lack of evidence backing the majority's claims.

Minority Leader Hakeem Jeffries: "There is not a shred of evidence that [Biden] has committed a crime."

Senate Majority Leader Chuck Schumer dubbed the effort a distraction from a looming government shutdown.

Here's what Sen. Elizabeth Warren had to say about the matter:

Pennsylvania Sen. John Fetterman gave a light-hearted, sarcastic reaction to a question about the inquiry:

Fetterman later tweeted: "Instead of wasting time on [this], maybe [they] should do something about child poverty."

Fetterman: "They had a chance to extend these programs to keep our children fed...But they didn't. Shameful."