US Treasury says request for Hunter Biden records should come from Democrat-led committee, not Republicans

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The US Treasury Department will not hand over Hunter Biden’s financial information to Republican lawmakers because it claims the request must come through a committee with Democratic approval.

Republican lawmakers have sought information about “suspicious activity reports” on President Joe Biden’s son, but the Treasury’s decision to let the request go through a Democrat-controlled commission makes it all but impossible.

These reports of suspicious activity include large cash transactions or wire transfers in excess of $5,000, Reuters reported. Such reports may indicate fraud or money laundering or they may also be legal.

The decision is the latest in a series of attempts by Republicans to get the information, as the Treasury continues to deny their efforts.

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In July, Rep. James Comer, R-Ky., also the House Oversight and Reform Committee Ranking Member, the Biden administration of changing the standard operating rules to protect Hunter Biden from a potential Republican-led investigation.

“The Biden administration is restricting Congressional access to SARs, and Committee Republicans are investigating whether this change in long-standing policy is motivated by efforts to protect Hunter Biden and possibly President Biden from scrutiny,” he wrote in a statement. a letter dated 6 July 2022.

In the letter, the Republican reiterated the request for the documents after the Treasury failed to provide “documents or information.”

According to the report, Treasury Secretary Janet Yellen is asking for an explanation of the purpose of requesting the information, claiming that her refusal to comply is “not a political process.”

“Since the beginning of this administration, Treasury has made SARs available in response to authorized commission requests and continues to monitor the process with all individual members seeking information.”

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The Treasury has also claimed that it has complied with passing on some pertinent information, although Rep. Comer contradicted this claim.

“It is alarming that the Biden administration is willing to give the media a false story to create the appearance of transparency while thwarting congressional oversight,” he added.

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There are currently 223 Democrats in the House of Representatives, giving them a majority over the 212 Republicans. Some experts have predicted that Republicans could regain the majority in the upcoming midterm elections in November.