House Speaker Kevin McCarthy will tell Republican lawmakers on Tuesday that an impeachment inquiry against President Biden is “the logical next step” amid an ongoing probe into his son, Hunter Biden’s business dealings.

McCarthy is expected to make the announcement when House Republicans meet behind closed doors for a scheduled update from House Judiciary Chairman Rep. Jim Jordan, of Ohio, and House Oversight Committee Chairman Rep. James Comer, of Kentucky, on their investigation into the First Son’s foreign business ties, according to the Tuesday morning Punchbowl newsletter.

He plans to say the two chairs have uncovered enough evidence that the House needs to formalize an impeachment inquiry in order to obtain the Bidens’ bank records and other documents.

Sources had previously told FOX News Digital that Republicans were planning to launch an impeachment inquiry into Biden this month, as three separate GOP-led committees investigate allegations Hunter Biden leveraged his father’s official government positions to secure foreign business deals.

It remains unclear, however, whether the president personally benefited from his son’s deals or abused his power to influence them.

McCarthy previously told Breitbart News he would only open an impeachment inquiry with a formal House vote.

“To open an impeachment inquiry is a serious matter, and House Republicans will not take it lightly or use it for political purposes,” he said. “The American people deserve to be heard on this matter through their elected representatives.

Here’s what the Biden family business scandal impeachment inquiry would look like

House Speaker Kevin McCarthy launched an impeachment inquiry Tuesday into President Biden — turbocharging congressional power to acquire documents and testimony about Biden’s role in his family’s foreign business dealings while he was vice president.

House Republicans already have issued an array of demands to executive branch agencies relating to Joe Biden’s involvement with first son Hunter Biden and first brother James Biden’s international dealings — in many cases setting September deadlines that could soon escalate into litigation.

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The inquiry aims to answer a number of questions:

What’s in Joe Biden’s vice presidential emails?

While vice president, Joe Biden used the pseudonyms “Robert L. Peters” and “Robin Ware” to communicate with staff members — leaving a paper trail of nearly 5,400 written records.

The House Oversight Committee demanded those communications from the National Archives with an Aug. 31 deadline, but a source tells The Post the agency did not comply.

What do Hunter Biden’s bank records show?

Congressional Republicans are preparing to issue subpoenas to banks for accounts held by Hunter and James Biden — after previously subpoenaing some of the associates’ bank statements.

The records could show whether any money was transferred to Joe Biden from his relatives’ foreign income streams and also whether they covered a substantial portion of his expenses. It’s possible the House will later seek the president’s bank records too.

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“That’s why, if we move forward with an impeachment inquiry, it would occur through a vote on the floor of the People’s House and not through a declaration by one person.”

In order for that to happen, 218 lawmakers would need to support an impeachment inquiry against the sitting president – and it is unclear whether they have the votes to do so.

The party could only afford to lose five votes from its conference, and several GOP lawmakers, including Ken Buck, of Colorado, and Don Bacon, of Nebraska, have already expressed skepticism about an impeachment inquiry.

Others who support impeachment have complained about the timing, with Dan Bishop, of North Carolina, telling FOX Digital last week that it appeared McCarthy was “dangling” the issue to distract from the upcoming deadline to fund the federal government.

The House Speaker has been hoping to squeeze through an $886 billion defense bill before the deadline in 18 days, the Punchbowl newsletter says.

Rep. Chip Roy, of Texas, also warned GOP leaders earlier this month: “Hiding behind impeachment to screw America with status quo massive funding… will not end well.”

And Rep. Marjorie Taylor Greene, of Georgia, said last month she wouldn’t vote for a government funding bill unless the House votes to begin a formal impeachment inquiry.

She then changed her tune last week, warning against a rushed impeachment vote.

Apparently seeking to clarify her position, Greene tweeted on Monday: “I’m not asking the House to impeach Joe Biden this week. I’m simply asking for an impeachment inquiry.

“It’s asking if we can look further into Joe Biden and every person who helped cover up the Biden family’s crimes for years,” she said, adding: “Every Republican should support an impeachment inquiry.”

Meanwhile, some staunch anti-Biden Republicans, like Rep. Matt Gaetz, of Florida, have threatened to remove McCarthy if he does not follow through with an impeachment vote.

The Republican-led House could investigate the Bidens without a formal impeachment inquiry, though, according to Sen. John Cornyn.

“Since they got the majority, they got the chairmen of the various committees, they could do all of that now without going to a formal inquiry,” the Texas senator told The Hill, noting the Senate would not vote to impeach.

“Members of the House don’t really care what I think. All I can tell you is it’s unlikely to be successful in the Senate.

“Rather than doing something they know is unlikely to end the way they would like, maybe they want to emphasize other things,” he suggested.

House Democrats also argue that the Republican investigation into the Biden family has failed to turn up any evidence that would warrant a formal impeachment – despite a review of 12,000 pages of subpoenaed bank records, 2,000 suspicious activity reports, and interviews with two of Hunter Biden’s business partners.

In a statement on Monday, Rep. Jamie Raskin – the ranking member of the House Oversight Committee – slammed the investigation as “ a complete and total bust” and “an epic flop in the history of congressional investigations.”

He said the evidence amassed so far only “debunks” what he called “Republican conspiracy theories” after a report from the left-leaning Congressional Integrity Project accused Comer of overhyping the allegations of bribery and corruption without producing any hard evidence.

“After months of political stunts, dozens of hearings, transcribed interviews and memos, and despite FOX peddling conspiracy theories, Comer and his MAGA crew have failed to find a single shred of evidence linking President Biden to any of their lurid accusations,” it read.

Kyle Herring, the executive director, even argued that Comer and his allies are targeting Biden to distract from presumptive GOP presidential nominee Donald Trump’s legal problems.

“Let’s be clear why Republicans are doing this in the first place,” he told The Guardian. “Donald Trump has been indicted four times and they think using the machinations of government to conduct their partisan, stunt-filled investigations will convince the American people that Joe Biden is somehow corrupt like Trump.

“The problem is the facts are facts and we have the fact that Donald Trump is corrupt and has likely committed numerous crimes.

“They don’t have a single shred of evidence connecting Joe Biden to any wrongdoing.”

Responding to the reports of an impeachment inquiry, Ian Sams, the White House spokesman for oversight and investigations, tweeted on Tuesday: “Will anyone ask Speaker McCarthy *why* an impeachment inquiry is the “next logical step?” 

“The House GOP investigations have turned up no evidence of wrongdoing by POTUS. In fact, their own witnesses have testified to that, and their own documents have showed no link to POTUS,” he claimed.

“Opening impeachment despite zero evidence of wrongdoing by POTUS is simply red meat for the extreme rightwing so they can keep baselessly attacking him,” Sams said.