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

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A major Residence Republican is demanding Secretary of the Treasury Janet Yellen supply details about the Hunter Biden’s suspicious overseas business dealings, whilst accusing the Biden administration of stonewalling Republicans as they carry out an investigation.

Biden has been less than federal investigation for his tax affairs predicated by suspicious overseas transactions due to the fact 2018, and President Joe Biden has consistently denied discussing Hunter’s organization ventures with him.

Rep. James Comer, R-Ky., who serves as the rating member on the Property Oversight Committee, wrote a letter to Yellen Wednesday demanding particulars about shady business enterprise dealings conducted by Hunter Biden, his associates, and other Biden spouse and children associates, which have been flagged and described by U.S. banking institutions.

Comer formerly attained out to Yellen at the finish of Could, generating a related request for the reviews by the banking institutions, of which he says went unanswered.

WHITE Dwelling DODGES Questions ON VOICEMAIL JOE BIDEN ALLEGEDLY Left FOR HUNTER BIDEN ON Small business DEALINGS

Hunter Biden goes to lunch with his daughter Maisy Biden in Malibu, California, Tuesday, June 7, 2022.

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 with regards to Hunter Biden and other Biden associates and family members members’ monetary transactions flagged by U.S. banking institutions for reporting to the Monetary Crimes Enforcement Community (FinCEN) by means of Suspicious Action Reports (SARs),” states Comer.

“The Biden Administration is limiting Congress’ entry to SARs, and Committee Republicans are investigating whether this change in longstanding plan is motivated by attempts to protect Hunter Biden and most likely President Biden from scrutiny,” Comer continued, 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 Avenue Journal article that he states has phony info – that Treasury has manufactured the asked for SARs readily available to Republican personnel.

“It is troubling that the Biden Administration is inclined to give a fake story to the media to build the visual appearance of transparency while continuing to thwart congressional oversight,” Comer fires back in the letter.

HUNTER BIDEN Tends to make Uncommon General public Look AS Notebook CONTROVERSY Continues TO SWIRL

The letter ongoing: “Treasury’s actions simply call for investigation and elevate new issues about the diploma to which the Biden Administration is making use of the federal authorities to supply include for the Biden family and its associates … The American folks ought to have to know no matter whether the President’s connections to his son’s company promotions transpired at the expense of the United States’ pursuits and irrespective of whether they depict a countrywide security risk.”

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 information about enterprise dealings carried out by Hunter Biden, his associates and other Biden family members associates that have been flagged and claimed by U.S. banking companies.
(Tom Williams/CQ-Roll Simply call, Inc by using Getty Pictures/Pool)

Fox News Digital has reported that Hunter Biden’s longtime organization husband or wife, Eric Schwerin, visited the White Dwelling at least 27 periods when President Biden was serving as previous President Barack Obama’s vice president. 

In addition, Hunter Biden and Schwerin’s non-public equity agency had a economic stake in a enterprise operate by Francis “Fran” Particular person, a longtime Biden aide, and a Chinese government with ties to officials at some of the highest amounts of the Communist Celebration of China.

As a result, on behalf of the Oversight Committee, Comer sent letters to a handful of U.S and international banking companies in May possibly trying to find information on no matter whether the Biden relatives “sold obtain” into the top rated tier of the authorities 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 Home Money Companies Committee listening to in Washington, Sept. 30, 2021.
(Al Drago/Pool by means of Reuters/File)

An aide for Comer instructed Fox News Electronic that the committee has not still acquired any responses from the banks, which have claimed they cannot comply with out a subpoena.

Fox Information initially claimed in December 2020 that Hunter Biden was a subject matter/concentrate on of the grand jury investigation, a perfectly-placed government source instructed Fox Information. According to the source, a “target” indicates that there is a “higher chance that particular person committed a criminal offense,” although a “issue” is somebody you “never know for positive” has committed a criminal offense.”

A source common with the investigation mentioned the SARs were being regarding money from “China and other international nations.”

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A spokesperson for the Treasury Section told Fox Information Digital that the company has made SARs obtainable after committee requests and is “not a political process”

“Treasury provides SARs to Congress in a manner that permits strong oversight and that is regular with how other sensitive regulation enforcement facts is usually developed. It is not a political system. Considering that the starting of this Administration, Treasury has made SARs available in response to licensed committee requests and continues to interact on the approach with any specific members seeking details.”

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

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