Home News House Oversight Committee Subpoenas Major Banks For Biden Family Financial Records

House Oversight Committee Subpoenas Major Banks For Biden Family Financial Records

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Photo via Gage Skidmore Flickr

The House Oversight Committee issued subpoenas to banks asking for the Biden family’s financial records.

Fox News has confirmed that the Oversight Committee subpoenaed Bank of America, Cathay Bank, JPMorgan Chase, HSBC USA N.A., as well as former Hunter Biden business associate Mervyn Yan asking for financial records.

Rep. Jamie Raskin, (D-Md.) the top Democrat on the committee, accused Committee Chairman James Comer (R-Ky.) of intentionally trying to hide information regarding the investigation from Democrats on the committee.

In a statement to Fox News, Rep. James Comer said “Ranking Member Raskin has again disclosed Committee’s subpoenas in a cheap attempt to thwart cooperation from other witnesses. Given his antics with the first bank subpoena, the American people and media should be asking what information Ranking Member Raskin is trying to hide this time. No one should be fooled by Ranking Member Raskin’s games. We have the bank records, and the facts are not good for the Biden family.”

The Oversight Committee Democrat staff sent a memo to members on Thursday accusing Republicans of conducting their investigation behind a “veil of secrecy.”

“Despite this massive investment of time and resources, Republican efforts on this and other congressional committees have failed to yield any evidence of misconduct by President Biden. Nevertheless, Chairman Comer has issued six document subpoenas for financial records as part of this renewed investigation, several of which have been based on information Committee Republicans know to be false,” the memo states.

“On February 27, 2023, Chairman Comer secretly issued the Committee’s first document subpoena as part of Committee Republicans’ ongoing investigation into the Biden family to Bank of America. This subpoena sought, among other information, “all financial records” from January 20, 2009, to the present — a staggering 14-year period — for John R. Walker, a private U.S. citizen… Yet, because of Chairman Comer’s use of a secret subpoena, Mr. Walker was never notified that the Committee had subpoenaed his financial records from Bank of America, he was never notified that Bank of America turned over his records to the Committee, and he was never notified that the Committee was publicly releasing information from these records,” the memo states.

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