House Republicans on the Oversight Committee released a report Thursday alleging that President Joe Biden abused the executive branch through his involvement in Hunter Biden’s foreign business dealings.
The report highlights Biden’s alleged involvement in his son’s business dealings, which the president has denied, while also claiming the Biden administration has failed to respond to over a hundred document requests during the investigation. The lawmakers call into question Biden’s denial of Hunter’s dealings, saying that he is now susceptible to “influence, blackmail or extortion” by malign or foreign entities, including the Chinese Communist Party (CCP). (RELATED: Republicans Announce Investigation Into Joe Biden, Allege He Was Directly ‘Involved’ With Hunter’s Dealings)
Alongside the accusations, the report notes 150 suspicious activity reports (SAR) on the Biden family’s financial transactions. The committee worked to access the reports, yet the Biden administration changed a longstanding policy, making it much more difficult for the committee to review the family’s SARs.
“Despite numerous formal requests by Committee Republicans to review those SARs, and despite decades of precedent of Treasury making SARs available pursuant to congressional requests, the Biden Administration changed longstanding policy and now refuses to produce Biden family SARs or to make them available for Committee Republican investigators’ in camera review,” according to the report.
The report alleges that Biden has “misused his public positions to further his family’s financial interests,” and as a result, has “created the potential for President Biden to be susceptible to influence, blackmail, or extortion by a malign or foreign entity, including the Chinese Communist Party.”
“Committee Republicans’ investigation has uncovered evidence demonstrating deliberate, repeated deception of the American people, abuse of the Executive Branch for personal gain, use of government power to obstruct the investigation and prevent transparency, and potential violations of the United States Constitution’s Foreign Emoluments Clause,” according to the report.
Hunter Biden looks at U.S. President Joe Biden as he speaks to greeters upon arrival at Joint Base Charleston in South Carolina, U.S., August 10, 2022. REUTERS/Joshua Roberts
In a Thursday press conference, Republican Reps. James Comer stated, “This is an investigation of Joe Biden. I think we’ve laid out the evidence as to why we feel it’s important, and we’re going to move forward with that.”
Hunter has been subject to federal investigation since 2018 for allegedly failing to pay taxes and lying on a firearm application.
In September, Hunter Biden’s former business associates Tony Bobulinski claimed to investigators that FBI agent Timothy Thibault worked to conceal relevant information about the Biden family. Following Bobulinski’s announcement, over 30 Senate Republicans called for U.S. Attorney General Merrick Garland to grant special counsel protections and authorities to Weiss as he continued to investigate Hunter Biden.
In October, Republican Iowa Sen. Chuck Grassley requested that law enforcement officials release records detailing “potential criminal conduct” committed by Hunter Biden.
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