(A GOP Oversight aide told POLITICO that the information in Republicans’ memo is based not on the Treasury documents but on separate bank records they received from subpoenas.)Ĭomer’s press conference comes as he competes for the investigative spotlight on other Biden investigations. “None of the SARs allege, or even suggest, any potential misconduct by President Biden, and many of the SARs, including those on which Chairman Comer relies, are based on erroneous or unfounded claims,” the memo from Raskin’s staff says. The records are submitted by banks to the Treasury but don’t necessarily indicate wrongdoing. Jamie Raskin, the top Democrat on the Oversight Committee, said.ĭemocratic Oversight Committee staff circulated their own memo on Wednesday, a copy of which was obtained by POLITICO, that accused Comer of misrepresenting suspicious activity reports - or SARs - that he has received from the Treasury Department. “There’s a lot of innuendo and a lot of gossip taking place and much of it is recycled from prior claims,” Rep. Jamie Raskin, the top Democrat on the Oversight Committee, added that “there’s a lot of innuendo and a lot of gossip taking place and much of it is recycled from prior claims.” “Today’s so-called ‘revelations’ are retread, repackaged misstatements of perfectly proper meetings and business by private citizens.” Comer … has spent the last five months making wild predictions without proof, asking inane questions out loud and falling short every time - including today,” said Abbe Lowell, a lawyer for Hunter Biden. They argue that the Kentucky Republican is cherry-picking from a swath of documents he has received as part of the investigation. He’s also mulling a slate of potential legislation, including changes to ethics and financial disclosure legislation that would impact both presidents’ family members.Ĭongressional Democrats, the White House and their off-Hill allies push back that Comer is repackaging previous public reporting. He also hinted at subpoenaing Hunter Biden’s business associates, including a gallery that has been selling the First Son’s artwork. It also did not show any way in which Biden’s decisions were influenced by those agreements or that he had direct knowledge of them.Īnd while Republicans have criticized the payments as questionable, they stopped short of calling any of the activity potentially illegal.Ĭomer outlined his next investigative steps on Wednesday, vowing that he would soon issue subpoenas to several more banks. The memo detailed payments to Biden family members and asserted that “it is not credible” that the president wasn’t aware of his family’s business efforts given the total size of the payments.
According to the GOP memo based on bank records the committee has obtained, Biden family members, business associates or related companies received more than $10 million in total from companies run by foreign nationals. James Comer is mulling a slate of potential legislation, including changes to ethics and financial disclosure legislation that would impact the president's family members.Įven as Republicans continue to rhetorically circle around Biden, much of the investigative effort they revealed on Wednesday centered around a network of businesses related to his family members and their associates.Ī 30-plus-page memo from GOP Oversight staff, a copy of which was obtained by POLITICO, focused on payments linked to Romania and China.
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