The Department of Treasury has finally agreed to hand over suspicious activity reports (SARs) related to Hunter Biden’s foreign business deals to the House Oversight Committee.<\/p>\n\n\n\n
Committee Chairman Rep. James Comer (R-Ky.) initially requested\u00a0information about the Biden family and their associates\u2019 business transactions\u00a0flagged by U.S. banks in January. <\/p>\n\n\n\n
Under federal law, when banks suspect suspicious overseas activity by an account holder, it submits a \u201csuspicious activity report\u201d or \u201cSAR\u201d to the Treasury Department.\u00a0<\/p>\n\n\n\n
However, the Department’s delay in responding to the requests triggered an investigation into the matter and prompted Comer to hold a March 10 hearing to examine the Treasury Department\u2019s sudden refusal.(RELATED: <\/strong>Why Did Treasury Cover Up Suspicious Activity By Biden Family? Congress Is Now Investigating<\/a>)<\/strong><\/p>\n\n\n\n \u201cBiden\u2019s Treasury Department continues to make excuses for its failure to provide the suspicious activity reports that are critical to our investigation of the Biden family\u2019s business schemes,\u201d said Comer in a statement last week.<\/p>\n\n\n\n On Tuesday, the Kentucky Congressman announced the sudden change according to Fox News<\/a>.<\/p>\n\n\n\n “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\u2019 business transactions,” Comer said. “It should never have taken us threatening to hold a hearing and conduct a transcribed interview with an official under the penalty of perjury for Treasury to finally accommodate part of our request.”<\/p>\n<\/blockquote>\n\n\n\n\n