On Wednesday, the Treasury Department denied the House Oversight Committee’s request to disclose 150 suspicious reports flagged by U.S. banks. These reports are concerning the Biden family business transactions. As a result of the Treasury’s action, committee’s chairman, Rep. James Comer (R) KY, is now threatening to subpoena them.
Comer seeks these suspicious financial transactions from Hunter and James Biden, that U.S. banks have flagged. Apparently, the wire transfers included “large” amounts of money noted for further review by American banks.
To mitigate the risks to the financial institutions, suspicious wire transfers over $10,000 are flagged for review. Also, to be reported to the Internal Revenue Service, are wire transactions involving more than $10,000. Historically, wire transfers are widely used by money launderers.
On January 11, Comer demanded the Treasury to turn over the suspicious bank records. However, the Treasury denied Comer’s request, citing-
“improper disclosure” of relevant information that could reduce the Biden administration’s ability to “conduct of law enforcement, intelligence, and national security activities.”
-U.S. Treasury Department
Instead, Jonathan Davidson, the Treasury’s legislative affairs chief, asked Comer to provide more justification for seeking “highly sensitive” information on the Biden family business. To which the
Oversight committee responded Thursday, vowing to retrieve the bank reports by the “power of the gavel if needed.”
“[T]his coordinated effort by the Biden Administration to hide information about President Biden and his family’s shady business schemes, is alarming and raises many questions,”
-James Comer (R) KY, House Oversight Committee Chairman
These records are said to be a key trove of information related to the House’s investigation into the Biden’s for alleged violations. The Biden family bank records, could also possibly include money laundering and wire fraud. The suspicious records will provide details about how the family business operates and lend desired transparency on Hunter’s anonymous art sales, as well as his foreign business transactions.
The real concern is determining whether Joe Biden, has been or continues to be, compromised by foreign governments, especially China, through his family’s business. These records might shed some light on this matter and make the investigation clearer.
In January, even while Joe Biden is president, CNN reported, that the family business remains operational. On at least two separate occasions, despite holding no government position or relation to the White House other than by having the same last name as the president and being his sibling,
Frank Biden, Joe Biden’s younger brother, publicly cited the president as a means by which he has influence. Allegedly, the Biden family, has been said to have been peddling influence many times over Joe Biden’s career of decades.
Reportedly, Hunter earned vast sums of money from Ukraine, for which he “offered no real work,” a statement that infers that Hunter was profiting, from peddling White House influence. Without any real practical knowledge in the energy sector or Ukraine, Hunter was appointed to the board of Burisma in 2014. Then, in one of the most blatant examples of excessive monies received, Hunter was paid $83,000 per month in 2017 to be on that same board. A lucrative connection for someone without exposure or experience on the subject.
These facts come from the research done by Breitbart News’s Senior Contributor and Government Accountability Institute President, Peter Schweizer who, in 2018 and 2020, published Secret Empires and Profiles in Corruption. Reportedly, each book hit #1 on the New York Times bestseller list.
These books expose how Hunter Biden and Joe Biden flew aboard Air Force Two in 2013 to China, before Hunter’s firm inked a $1.5 billion deal with a subsidiary of the Chinese government’s Bank of China, less than two weeks after the trip. It further uncovers the Biden family’s other vast, lucrative foreign deals and cronyism.
Additionally, Miranda Devine, in collaboration with Breitbart Political Editor Emma-Jo Morris’s investigative work, revealed that Joe Biden was intimately involved in Hunter’s businesses, even appearing to have a 10 percent stake in a company that Hunter formed, with officials at the highest levels of the Chinese Communist Party. Devine captured international headlines when she published the book on the Hunter Biden, entitled the “laptop from hell”.
Little wonder why Comer is adamant at looking into these literal bank records, that have already been flagged for IRS review. This is especially since, there is an inordinate amount of them. In most circumstances one or two would raise eyebrows – this represents a shocking 150.
Protecting the Biden’s and their business dealings is not the job of the Treasury, however dragging their feet might buy Joe Biden some time at this point. Their response denying the committee immediate access to these records, certainly adds to the suspicion of corruption. Comer will not be deterred however.
This investigation relates to U.S. National Security and the possible compromise of Joe Biden by the Chinese and / or other governments. This question needs answered immediately – America has a right to know. One would think the Biden’s would want exonerated of any wrong doing or suspicion thereof - apparently not.
“The truth does not require a majority to prevail, ladies and gentlemen. The truth is its own power. The truth will out. Never forget that.”
-Rush Limbaugh