Comer sets hearing to blast Treasury for stonewalling on Hunter Biden suspicious activity reports

Top House Republican Investigator set up a new hearing to explode the Treasury Department For failing to turn over suspicious activity reports related to Hunter Biden These are the following more than a year of the Biden administration dragging its feet.

Rep. James Comer (R-KY)As the chairman of the House Oversight and Accountability Committee, the 118th Congress’s new chairman, he spent much 2022 and the early 2023 pushing Treasury Secretary. Janet Yellen To hand over suspicious bank activity reports that are linked to Biden family businesses The Treasury Department was unable to respond adequately, he claimed. continued to stonewall his efforts To find out more about financial transactions President Joe Biden’s son These are the links China, Russia, and elsewhere.

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“Biden’s Treasury Department continues to make excuses for its failure to provide the suspicious activity reports that are critical to our investigation of the Biden family’s business schemes,” Comper said For the weekend. “We are concerned the Treasury Department is acting in bad faith to produce these documents to the Oversight Committee when we know that it has already produced them to another congressional office. At next week’s hearing, a Treasury Department official can explain to Congress and the American people why the department is hiding critical information.”

The Republican-led Committee said Jonathan Davidson, a Treasury Department official will testify Friday. “at the hearing, the committee will examine the justifications Treasury officials have provided the committee about its failure to produce requested documents and examine legislative solutions to ensure Congress has timely access to suspicious activity reports.”

Treasury Department claimed It will be available in May 2022 “has made SARs available for every request we’ve received, regardless of party, and will continue to do so.” However, Comer stated that in July 2022 “This is not true.”

Comper wrote In January 2023, Yellen again requested access to these SARs. “during the 117th Congress, the Department of the Treasury refused our requests to provide information about the Biden family.” Following up, the Republican sent an email letter Last month, the Treasury Department argued that “Treasury has not provided the Committee any SARs to date” And claiming the department is “made several excuses for Treasury’s delay regarding this production.” He recommended that “Treasury may be delaying its production to hinder our investigation and operating in bad faith.”

While Hunter Biden was vice-president, he held a highly lucrative post on the board at Ukrainian energy giant Burisma. During and after the presidency of his father, Hunter Biden’s son pursued business opportunities in China and other countries. raking in millions thanks to these associations.

Davidson was the assistant secretary to Treasury Department for legislative affairs and responded in September 2022 to Comer’s request for information. defending the department’s decision to keep a close hold on the suspicious activity reports.

“The Department deeply respects the critical oversight role of Congress and remains committed to responding to appropriate requests from committees of jurisdiction,” According to the Treasury official, it was argued that “safeguarding Bank Secrecy Act information is critical to law enforcement efforts to investigate money laundering, terrorist fi