When they said "we have bank records" ... they weren't kidding.
The House Oversight and Accountability Committee under the leadership of Chairman James Comer is getting closer to exposing the Biden family's dealings with the Chinese Communist Party, despite resistance from the federal government. Through an internal review of documents from the Treasury Department, the committee has uncovered a $3 million wire payment that a Biden family associate received from a Chinese energy business just two months after President Biden finished his vice presidency, Comer announced yesterday.
Comer said members of the Biden family received "hundreds of thousands of dollars in payouts" as soon as the wire cleared, but he has not yet revealed which members of the family received the loot.
The committee was able to uncover this money transfer despite the Treasury Department's continued efforts to thwart the investigation, Comer says. The committee chair claims that the Treasury is currently withholding nearly 150 flagged suspicious activity reports related to Hunter Biden, refusing to turn them over despite their relevance to the investigation.
"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," Mr. Comer said. "If Treasury tries to stonewall our investigation again, we will continue to use tools at our disposal to compel compliance."
In November, Republicans cited a publicly available suspicious activity report detailing "93 wires between 02/03/2014 and 08/02/2019 totaling $2,461,962.60" between Biden family associates and "a China-based investment fund controlled by the Bank of China."
The Republicans further accused Hunter Biden, who previously sat on the board of a Ukrainian natural gas company, of seeking business deals with energy magnates linked to the Chinese Communist Party and collecting more than $3 million from a Russian businesswoman who is the widow of a former mayor of Moscow.
Despite the Treasury's stonewalling, Comer says the committee has been able to uncover a "decade-long pattern of influence peddling, national security risks, and political cover-ups" committed by the Biden family with the knowledge and involvement of President Joe Biden, which "raises troubling questions" about whether he has been "compromised by foreign governments."
