Treasury Department agrees to hand over Hunter Biden files
The House Oversight Committee said Tuesday that the U.S. Treasury Department is providing the investigatory committee with access to Hunter Biden’s Suspicious Activity Reports after months of delay. The revelation is the latest chapter in the committee’s ongoing investigation into the president’s son and his associates. The lawmakers concerned with the issue argue the president could be compromised if foreign sources have knowledge of his or his son’s alleged wrongdoing. “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,” House Committee on Oversight and Accountability Chairman James Comer, R-Ky, said. “Soon after, hundreds of thousands of dollars in payouts went to members of the Biden family.” Lawmakers are also looking into Hunter’s associates. They sent letters to James Biden, and Eric Schwerin demanding they hand over documents concerning their foreign dealings. Now, the committee has reportedly issued subpoenas to some of Hunter’s business associates as well. “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 committee still blasted the Biden administration, saying the Treasury Department delayed in providing access to the files. “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. 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.” Republished with the permission of The Center Square.
House Republicans pledge to use majority to investigate Hunter Biden and the president
House Republican lawmakers are doubling down on investigations into the Biden family’s foreign business dealings and how President Joe Biden may have been involved. Lawmakers at a Thursday news conference argued that Hunter Biden, in particular, used his father’s influence to negotiate business deals overseas that may have used federal resources and even compromised the Biden family. “Evidence obtained by Committee Republicans reveals Joe Biden lied to the American people about his involvement in his family’s business schemes,” House Oversight Committee Ranking Member James Comer, R-Ky., said. “The Biden family business model is built on Joe Biden’s political career and connections with Joe Biden as the ‘chairman of the board.’ Biden family members sold access for profit around the world to the detriment of American interests. If President Biden is compromised by deals with foreign adversaries and they are impacting his decision making, this is a threat to national security.” This is the latest in a string of inquiries and investigations into Hunter Biden, the president, the president’s brother James, and who else may have benefited or been “compromised” in these dealings. “Hunter Biden and James Biden have racked up at least 150 suspicious activity reports for their business transactions,” Rep. Jim Jordan, R-Ohio. said. “How many involved Joe Biden?” The announcement came just hours after Republicans officially learned they claimed a majority in the House, offering a glimpse of how they hope to use their two years in power, especially since they will be unlikely to have any partisan legislative wins. President Joe Biden has repeatedly deflected accusations and defended his son, who is currently under federal investigation. Jordan also raised questions about how tech companies and federal agencies have worked together to suppress information that could have damaged the Biden campaign, as reporting has shown. “I think there are all kinds of questions that need to be answered, and we are determined to get there,” Jordan said. Republicans on the House Oversight Committee have sent letters to six top Biden administration officials requesting documents, communications, records, and other information. Those inquiries have been sent to U.S. Treasury Secretary Janet Yellen requesting Suspicious Activity Reports, a letter to Acting Archivist Debra Steidel Wall seeking information about the potential use of Air Force Two for family business during the Obama administration. The lawmakers also have reached out to Hunter’s associate Eric Schwerin and financial advisor Edward Prewitt. They are also requesting information from FBI Director Christopher Wray about Hunter Biden’s assistant and alleged connections to the Chinese Communist Party. The lawmakers were likely emboldened by the GOP taking control of the House, meaning Republicans will have the committee chairmanships and greater teeth to their investigations. “The American people deserve transparency and accountability about the Biden family’s influence peddling,” Comer said. “With the new Republican majority, Oversight Committee Republicans will continue pressing for answers to inform legislative solutions to prevent this abuse of power.” Republished with the permission of The Center Square.
