By John Solomon
The chairman of the House Oversight and Accountability Committee says his probe of Biden family business dealings has evolved from examining lucrative overseas business payments to determining whether Joe Biden corruptly took policy actions to enrich his family.
“This is an investigation of the president of the United States for public corruption,” he told Just the News.
In a wide-ranging interview Thursday on the state of his investigation, Comer, R-Ky., said his review of scores of suspicious activity reports flagging transactions involving Biden family businesses and partners indicated that major banks had serious concerns about money laundering dating back many years.
“What about money laundering?,” he asked on the “Just the News No Noise” TV show. “Multiple banks in those violations implied that there was money laundering going on. What about racketeering? Racketeering is when you create shell companies and fake companies that serve no purpose other than to launder money.”
Comer’s comments came a day after he released a 36-page interim report on what the bank reports show, providing clear evidence that Biden family members got at least $10 million from foreign interests – many in countries where Joe Biden had U.S. policy responsibility – when he was Barack Obama’s vice president, including payments directly from China.
You can read that report here.
Joe Biden long has insisted he knew nothing about his son’s dealings, never engaged with his business partners, and that his family never received money from China. Comer’s first two reports provide specific evidence that conflicts with those claims, including bank account receipts and contemporary emails, text messages and photos.
Though several of his past business partners have been indicted and convicted of crimes, the president’s son Hunter Biden has not faced any charges. The first son has acknowledged he is under criminal investigation for tax matters and has said he expects to be exonerated. However, his legal team reportedly now is expecting Biden could face criminal charges soon from a four-year-long FBI and IRS probe led by the U.S. attorney in Delaware.
The Biden White House has repeatedly scoffed at Comer’s investigation, calling it this week “fact free” and saying it unleashed “absurd claims that President Biden has made governing decisions not in the interest of America, but of the Chinese Communist Party.”
Comer said those accusations fall flat and that there is now enough evidence for Congress to investigate the president directly, not just his son and other relatives.
“The damage that Joe Biden has done to the reputation of the United States is almost irreparable,” he said. “Joe Biden not only has through his leadership, diminished our standing on the international stage with things like his the disastrous withdrawal from Afghanistan, but because of his personal behavior, and the behavior of his entire family. The bank records that we provided yesterday: he’s made the United States look like some of these third world countries that presidents have in the past criticized for corruption.
“This is an investigation of the President of the United States for public corruption,” he added. “We presented a pattern of payments from adversaries and foreign nationals all over the planet. … We want to know what they did to get the money, you know, what service was provided. Or what did Joe Biden do to provide a return on the investment for the millions of dollars that his family received from foreign nationals all over the globe.”
The House chairman is so concerned about the money laundering aspects of the probe that he is considering new legislation to empower banks to take more aggressive action against the type of transactions flagged in the suspicious activity reports his team reviewed.
“The committee is evaluating the Bank Secrecy Act and anti-money laundering laws to determine whether financial institutions have the available tools and support from federal agencies to thwart illegal money laundering and foreign corruption activity,” he said on Wednesday at a press conference.
Comer also said he was troubled that agencies such as the FBI and Justice Department are not fully cooperating, including providing a subpoenaed document that lawmakers say shows an informant gave the FBI allegations that Joe Biden was involved in a bribery plot to trade U.S. policy for money to his family.