WASHINGTON — The U.S. Treasury Department is set to allow House Republicans to inspect reports on foreign banking and other business transactions by relatives of President Joe Biden, including his son Hunter Biden and his associates.
Oversight and Accountability Chairman James Comer said lawmakers will begin reviewing the previously secret records this week.
"After two months of dragging their feet, the Treasury Department is finally providing us with access to the suspicious activity reports for the Biden family and their associates' business transactions," Comer said in a statement Tuesday.
A Treasury Department spokesman declined comment on the development. Comer first mentioned the change Monday night during an interview with Fox News' Sean Hannity.
Comer also said Tuesday the committee already has bank documents that reflect one company owned by a Biden associate received a $3 million wire from a Chinese energy company two months after Biden left the vice presidency, though he did not provide the documentation.
A spokesperson for the White House had no comment.
Separately, on Monday, the committee's top Democrat, Jamie Raskin of Maryland, released a letter he wrote to Comer Sunday that, among other things, shows that the chairman had subpoenaed Bank of America Corp. to produce "all financial records" of three Biden associates from 2009 until now.
A committee official responded that the Bank of America document subpoena spans 14 years because it includes the years Biden was vice president. The subpoena asks for records of deposits, checks, wire transfers, loan documents, electronic transfer documents and other items. These financial records likely underlie the information collected in the so-called "suspicious activity reports" being sought from Treasury, that official said.
