Rep. James Comer, in one of his first moves as House Oversight Chairman, is seeking information from the Treasury Department about the Biden family’s financial transactions and calling on a handful of former Twitter executives to testify at a public hearing.
The new round of letters from the committee come as House Republicans are looking to flex their investigative might and make good on promises to delve into the Biden family finances and alleged political influence over technology companies after Twitter temporarily suppressed a 2020 story about Hunter Biden and his laptop.
“Now that Democrats no longer have one-party rule in Washington, oversight and accountability are coming,” Comer said of his panel’s investigation into Hunter Biden and the Biden family’s business dealings. “This investigation is a top priority for House Republicans during the 118th Congress.”
Comer requested Treasury Secretary Janet Yellen provide his panel with bank activity reports for Hunter Biden, President Biden’s brother James Biden and several Biden family associates and their related companies.
“The Committee on Oversight and Accountability is investigating President Biden’s involvement in his family’s foreign business practices and international influence peddling schemes,” Comer wrote to Yellen.
Comer tried to acquire these bank activity reports, known as Suspicious Activity Reports, repeatedly when Republicans were in the minority but was largely unsuccessful. Comer has said he has only seen two and did not reveal the source of those reports.
Comer has previously pointed to the bank activity reports – known as Suspicious Activity Reports – as evidence of potential wrongdoing by Joe Biden’s family members. But such reports are not conclusive and do not necessarily indicate wrongdoing. Each year, financial institutions file millions of suspicious activity reports and few lead to law enforcement inquiries.
The White House accused Republicans of engaging in “political stunts” following Comer’s request Wednesday.
“In their first week as a governing majority, House Republicans have not taken any meaningful action to address inflation and lower Americans’ costs, yet they’re jumping out of the gate with political stunts driven by the most extreme MAGA members of their caucus in an effort to get attention on Fox News,” Ian Sams, a spokesman for the White House Counsel’s office, said in a statement. “The President is going to continue focusing on the important issues the American people want their leaders to work together on, and we hope House Republicans will join him.”