The Treasury Department will testify before the House Oversight Committee on Friday about its withholding of 150 suspicious activity reports (SARs) generated by the Biden family and their associates by unusual foreign or high-dollar transactions.
The Treasury’s Jonathan C. Davidson, assistant secretary for legislative affairs, will testify before the committee about why the agency has refused to provide the SARs, which often contain evidence of potential criminal activities, such as money laundering and fraud.
House Oversight Committee Chair James Comer (R-KY) is investigating James and Hunter Biden, along with Eric Schwerin, for nine violations, including, wire fraud and money laundering. During its investigations, the Treasury has tried to stonewall Comer’s request for the SARs because the reports are a key trove of information that will provide details about the family’s foreign business transactions, along with knowledge of whether President Joe Biden remains…
