Top ranking Oversight and Reform Committee House Member James Comer (R-Kentucky) is blasting the Treasury Department for refusing to give Congress the information it collected on certain suspicious foreign business transactions flagged by US banks. These transactions were allegedly made by Hunter Biden, Biden associates, and other Biden family members.
Background information as provided by Rep. James Comer’s office:
On May 25, 2022, Ranking Member Comer wrote to Secretary Yellen requesting information regarding Hunter Biden and other Biden associates and family members’ financial transactions flagged by U.S. banks for reporting to the Financial Crimes Enforcement Network (FinCEN) through suspicious activity reports.
He reiterated his request on July 6, 2022.
Financial Services Chairwoman Maxine Waters (D-Calif.) introduced H.R. 7734, the Timely Delivery of Bank Secrecy Act Reports Act, to codify the long-standing agreement between Congress and the Treasury Department whereby FinCEN provides Bank Secrecy Act (BSA) reports to the committees of appropriate jurisdiction upon request.
Last year, the Biden Administration upended that agreement and imposed various restrictions on Congress’ access to BSA reports. The bill restores the status quo and asserts Congress’ constitutional oversight authority.
It’s unacceptable that the Treasury Department continues to run cover for the Biden family and possibly hide information about whether Joe Biden benefited financially from his family’s business transactions.
The Biden Administration changed the rules to severely restrict Congress’ access to suspicious activity reports in the dark of night and with no explanation.
Hunter Biden and other Biden family members have racked up at least 150 suspicious activity reports for their shady foreign business deals. We need more information about these transactions and if Joe Biden has benefited financially from his family’s dealings with foreign adversaries.
It is a matter of national security to know if President Biden is compromised. The American people deserve answers, and Republicans will use the power of the gavel next Congress to get them.
Rep. James Comer (R-Kentucky)
Read Dept. of Treasury’s recent response to Rep. Comer here.
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Well of course Biden wants it hidden. Talk about a corrupt bunch of politicians in Washington, DC. If after the Nov 22 mid-terms and Republicans win IT STILL will not make any difference.. The corruption runs much to deep.
USA is on the slippery sloop to self destruction. Much like Russia is heading so are we. Money and greed go hand in hand. The more you have the more you want.
Double standerd again!!!!! It’s so obnoxiously obvious , yet repeatedly enacted by this administration! And no action taken by our now politicized government agency’s that were formed to protect and funded by “we the people”. These law enforcement, investigating security governmental agency’s are now used against the citizens of the United States of America, and continue to collect tax payer dollars to provide security and protect only the “Democratic polititions. ” Present and Past. From being investigated . That it not what “we the people” pay them to do! It’s so unconstitutionaly wrong, yet it’s happening, with no judical or legislative interference, objection, investigation , prosecution, or any Department of justice actions to have a Supreme Court hearing /trial to decide if the agency’s in question that “we the people” fund are acting in the manner and for the purposes , and people they were formed, and created for. But has anyone in any position to initiate such action been taken ? Has congress acted ? No. They are only concerned about protecting the DNC and it’s polititions