House Oversight Committee: Treasury Officials Are Covering for Hunter Biden
ON THIS DAY IN HISTORY…
1944: Franklin Roosevelt announces that he will run for a fourth term as President of the United States.
Rep. James Comer (R-KY), the ranking member of the House Committee on Oversight and Reform, has accused the U.S. Treasury Department of running “cover” for Hunter Biden.
The committee announced that Comer “renewed his request to Department of Treasury Secretary Janet Yellen for information regarding Hunter Biden and other Biden associates and family members’ suspicious foreign business transactions flagged by U.S. banks and called for all documents, communications, and records related to these transactions to be preserved.”
According to the news release, the Biden administration publicly asserted it provides suspicious activity reports (SARs) to Congress, but has refused to provide any reports on the Biden family or associates.
In a letter addressed to Treasury Secretary Janet Yellen, Comer wrote: “Treasury is refusing to release suspicious activity reports connected with Hunter Biden or his family and associates—including the President.”
A Treasury Department official told CBS News in an email that the department “provides SARs to Congress in a manner that enables robust oversight and that is consistent with how other sensitive law enforcement information is often produced.”
“It is not a political process. Since the beginning of this Administration, Treasury has made SARs available in response to authorized committee requests and continues to engage on the process with any individual members seeking information,” the official said.