According to Breitbart, the U.S. Treasury will provide the House Oversight Committee with suspicious activity reports (SARs) from transactions by the Biden Crime Family and their business associates.
The House Oversight Committee has already gained cooperation from several Biden family business associates in recent weeks.
The Treasury Department’s cooperation should be another step in moving the investigation forward.
Oversight Chairman James Comer (R-KY) said last week the committee has documents showing the Biden family received funds from the Chinese Communist Party.
"We now have financial records showing Biden family members receiving money from CCP connected individuals," Comer tweeted.
WATCH:
My @GOPoversight investigation into the Biden family's influence peddling operation is heating up.
We now have financial records showing Biden family members receiving money from CCP connected individuals.
I will continue to follow the Biden money trail & the facts. @FoxNews pic.twitter.com/KF1Nsnua3U
— Rep. James Comer (@RepJamesComer) March 14, 2023
Big of them. Took a lot of pressure to do what previously had been routine…. US Treasury Department gives House GOP access to Biden family suspicious activity reports https://t.co/VQzmgdcjFs
— Miranda Devine (@mirandadevine) March 14, 2023
Breitbart had the latest update:
The Treasury’s compliance to disclose the SARs is a massive development in the House Oversight Committee’s investigation into the Biden family business to determine if President Joe Biden is compromised by communist China. The committee is investigating the Biden family business for nine violations, including wire fraud and money laundering.
U.S. banks have flagged over 150 SARs from Hunter and James Biden that included “large” amounts of money tagged for further review by the Treasury. SARs “often contain evidence of potential criminal activities, such as money laundering and fraud,” according to a 2020 Senate report.
The suspicious records will provide details about how the family business operates and desired transparency on Hunter, James, and Frank’s foreign business transactions, along with knowledge of whether Joe Biden remains compromised by foreign governments through his family’s business.
“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 New York Post added:
The Treasury Department is requiring committee members and staff to review the material in camera — i.e., privately — though it’s unclear what if any ground rules would prevent the rapid dissemination of key details.
“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.”
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