After securing the House majority, Republicans wasted no time in doing exactly what they promised to do prior to the midterms.
At a press conference on Thursday, Republican Reps. James Comer and Jim Jordan said that President Biden was actively involved in overseas business dealings involving his son Hunter Biden.
“This is an investigation of Joe Biden,” Comer said.
According to the Republicans, they have uncovered evidence of conspiracy or defrauding the United States, wire fraud, violation of the Foreign Agents Registration Act, money laundering, tax evasion, and other crimes involving the president.
“I would just argue fundamentally about the first amendment, that the idea they were suppressing critical information that the country should have had access to. They did it literally 15 days before the election, and do you tell me what in the report that Mr. Comer and the team has put together is Russian disinformation?” said Jordan.
“That was all BS and everyone knows it was BS and frankly should have known it at the time and I think did know at the time but did it anyway. So that’s the legislative purpose that we got to get to so but we don’t know where that’s going to go,” said Jordan.
The report released Thursday alleges 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).
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.”
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