Biden family bank activities have just been turned over.
It’s a breakthrough in the investigation into the Biden family’s business dealings.
These suspicious bank reports Republicans were given could end Joe Biden’s career once and for all.
House Oversight Committee Chairman James Comer (R-KY) announced on Tuesday that the Treasury Department will comply and release suspicious activity reports (SARs) generated by the Biden family and their associates.
There have been 150 SARs flagged for the business activities of Hunter and James Biden which included “large” amounts of money that were categorized as needing further review by the Treasury.
“We are going to continue to use bank documents and suspicious activity reports to follow the money trail to determine the extent of the Biden family’s business schemes, if Joe Biden is compromised by these deals, and if there is a national security threat,” Comer said.
The Treasury Department had been giving excuses to avoid promptly complying with the requests from the House Oversight Committee.
“After two months of dragging their feet, the Treasury Department is finally providing us with access to the suspicious activity reports for the Biden family and their associates’ business transactions,” Comer said.
“It should never have taken us threatening to hold a hearing and conduct a transcribed interview with an official under the penalty of perjury for Treasury to finally accommodate part of our request.”
The Treasury Department is providing an “in camera” review of the suspicious activity reports.
“For over 20 years, Congress had access to these reports but the Biden Administration changed the rules out of the blue to restrict our ability to conduct oversight,” Comer charged.
“According to bank documents we’ve already obtained, we know one company owned by a Biden associate received a $3 million wire from a Chinese energy company two months after Joe Biden left the vice presidency,” he said.
“Soon after, hundreds of thousands of dollars in payouts went to members of the Biden family. We are going to continue to use bank documents and suspicious activity reports to follow the money trail to determine the extent of the Biden family’s business schemes, if Joe Biden is compromised by these deals, and if there is a national security threat.”
Comer added, “If Treasury tries to stonewall our investigation again, we will continue to use tools at our disposal to compel compliance.”
Democrats aren’t happy.
Rep. Jamie Raskin (D-MD), the ranking member of the House Oversight Committee, sent a letter to Comer over the weekend claiming that the records were just to help former President Donald Trump gain an edge in a possible 2024 election rematch.
“I fear this wildly overbroad subpoena suggests that your interest in this investigation is not in pursuing defined facts or informing public legislation but conducting a dragnet of political opposition research on behalf of former President Trump,” Raskin wrote.
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