Yellen must provide info on Hunter Biden’s shady foreign business deals: GOP Rep. Comer

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A prime House Republican is demanding Secretary of the Treasury Janet Yellen give data about the Hunter Biden’s suspicious international enterprise dealings, whilst accusing the Biden administration of stonewalling Republicans as they conduct an investigation.

Biden has been under federal investigation for his tax affairs predicated by suspicious overseas transactions considering that 2018, and President Joe Biden has regularly denied discussing Hunter’s enterprise ventures with him.

Rep. James Comer, R-Ky., who serves as the rating member on the Residence Oversight Committee, wrote a letter to Yellen Wednesday demanding details about shady business dealings conducted by Hunter Biden, his associates, and other Biden family members members, which have been flagged and reported by U.S. banking companies.

Comer earlier reached out to Yellen at the end of Might, creating a similar ask for for the studies by the banking institutions, of which he says went unanswered.

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Hunter Biden goes to lunch with his daughter Maisy Biden in Malibu, California, Tuesday, June 7, 2022.
(RMBI/Backgrid)

“On May 25, 2022, I wrote to you requesting information and facts pertaining to Hunter Biden and other Biden associates and family members’ economic transactions flagged by U.S. financial institutions for reporting to the Economic Crimes Enforcement Community (FinCEN) by means of Suspicious Activity Reports (SARs),” states Comer.

“The Biden Administration is proscribing Congress’ accessibility to SARs, and Committee Republicans are investigating no matter if this change in longstanding policy is determined by initiatives to defend Hunter Biden and probably President Biden from scrutiny,” Comer ongoing, noting that the secretary did not comply with a June 8 deadline for information and facts.

Comer also accuses the administration of thwarting congressional oversight, referencing a Wall Street Journal posting that he states contains bogus facts – that Treasury has built the asked for SARs readily available to Republican staff members.

“It is troubling that the Biden Administration is eager to offer a wrong tale to the media to create the look of transparency whilst continuing to thwart congressional oversight,” Comer fires back in the letter.

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The letter continued: “Treasury’s actions phone for investigation and elevate new questions about the diploma to which the Biden Administration is using the federal federal government to provide address for the Biden relatives and its associates … The American people today are entitled to to know whether or not the President’s connections to his son’s small business offers happened at the expense of the United States’ passions and no matter if they signify a national protection menace.”

Rep. James Comer wrote a letter to Treasury Secretary Yellen Wednesday demanding details about business dealings conducted by Hunter Biden, his associates and other Biden family members that have been flagged and reported by U.S. banks.

Rep. James Comer wrote a letter to Treasury Secretary Yellen Wednesday demanding facts about company dealings performed by Hunter Biden, his associates and other Biden family members users that have been flagged and documented by U.S. banks.
(Tom Williams/CQ-Roll Call, Inc via Getty Photographs/Pool)

Fox Information Digital has described that Hunter Biden’s longtime company companion, Eric Schwerin, visited the White Property at the very least 27 periods when President Biden was serving as previous President Barack Obama’s vice president. 

In addition, Hunter Biden and Schwerin’s private equity agency experienced a financial stake in a firm operate by Francis “Fran” Human being, a longtime Biden aide, and a Chinese government with ties to officials at some of the optimum concentrations of the Communist Get together of China.

As a consequence, on behalf of the Oversight Committee, Comer despatched letters to a handful of U.S and overseas banking companies in May possibly trying to get data on irrespective of whether the Biden relatives “bought accessibility” into the best tier of the government to enemies of the United States.

Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington, Sept. 30, 2021.

Treasury Secretary Janet Yellen attends the House Economical Companies Committee hearing in Washington, Sept. 30, 2021.
(Al Drago/Pool through Reuters/File)

An aide for Comer instructed Fox Information Electronic that the committee has not still received any responses from the banks, which have claimed they simply cannot comply without the need of a subpoena.

Fox News first described in December 2020 that Hunter Biden was a topic/goal of the grand jury investigation, a properly-positioned governing administration supply informed Fox News. In accordance to the supply, a “focus on” indicates that there is a “higher probability that human being committed a crime,” while a “subject matter” is an individual you “don’t know for absolutely sure” has committed a criminal offense.”

A source familiar with the investigation claimed the SARs were being relating to funds from “China and other overseas nations.”

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A spokesperson for the Treasury Office told Fox News Digital that the agency has produced SARs accessible after committee requests and is “not a political method”

“Treasury offers SARs to Congress in a way that permits strong oversight and that is steady with how other sensitive law enforcement information is often manufactured. It is not a political system. Considering the fact that the starting of this Administration, Treasury has manufactured SARs available in response to approved committee requests and carries on to engage on the approach with any personal members looking for data.”

Fox News’ Brooke Singman, Cameron Cawthorne and Joe Schoffstall contributed to this report.

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