The House Oversight and Accountability Committee headed by Representative James Comer (R-KY) scored a victory over the US Department of Treasury. The Treasury Department finally caved to the committee’s demands after previously dragging its heels over providing Hunter Biden’s flagged bank records to the committee, as reported by Just The News. The deal reached between Representative Comer and the Department of Treasury was “to let his investigators access the so-called Suspicious Activity Reports in a secure reading room”.
Representative Comer announced that “We’ve now got the receipts [on Hunter Biden]. And it doesn’t look good for the Bidens and their associates.”
We’ve now got the receipts. And it doesn’t look good for the Bidens and their associates.
— Rep. James Comer (@RepJamesComer) March 13, 2023
He further detailed that “@USTreasury has caved. It should never have taken @GOPoversight threatening to hold a hearing and a transcribed interview with an official under the penalty of perjury for Treasury to finally provide access to suspicious activity reports generated by the Biden family.”
Mr. Comer was recorded by Just The News as saying that “[a]fter 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. 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.”
Joe Biden and his family are accused of profiting off of their access to power and having sold that access to foreign powers. Joe Biden’s son, Hunter, is under investigation for tax fraud, illicit foreign influence, and other improper acts.
Mr. Comer could already reveal that “[a]ccording to bank documents we’ve already obtained, we know one company owned by a Biden associate received a $3 million dollar wire from a Chinese energy company two months after Joe Biden left the vice presidency. Soon after, hundreds of thousands of dollars in payouts went to members of the Biden family.”
He added that “[w]e 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. If Treasury tries to stonewall our investigation again, we will continue to use tools at our disposal to compel compliance.”