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Press Release Published: Mar 4, 2023

Comer Announces Hearing on Treasury Department’s Failure to Produce Biden Family & Associates’ Transactions Flagged by Banks

WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) announced a hearing to examine the Department of Treasury’s failure to provide the suspicious activity reports (SARs) generated by the Biden family and their associates’ unusual foreign or high-dollar transactions. Chairman Comer wrote to Secretary Yellen on January 11, 2023, requesting access to these SARs, and Committee Republicans made multiple requests during the 117th Congress for the same. However, the Treasury Department has not provided any SARs to date. At the hearing, the committee will examine the justifications Treasury officials have provided the committee about its failure to produce requested documents and examine legislative solutions to ensure Congress has timely access to suspicious activity reports.

“Biden’s Treasury Department continues to make excuses for its failure to provide the suspicious activity reports that are critical to our investigation of the Biden family’s business schemes. We are concerned the Treasury Department is acting in bad faith to produce these documents to the Oversight Committee when we know that it has already produced them to another congressional office. At next week’s hearing, a Treasury Department official can explain to Congress and the American people why the department is hiding critical information,” said Chairman Comer.

WHAT: Full Committee hearing titled “The Biden Family Investigation: The Department of the Treasury”

DATE: Friday, March 10, 2023


LOCATION: 2154 Rayburn House Office Building

WITNESS: Jonathan C. Davidson, Assistant Secretary for Legislative Affairs, Department of the Treasury

The hearing will be open to the public and press and will be livestreamed online at Press must be congressionally credentialed and should RSVP by emailing

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