WASHINGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today is blasting the Department of Treasury for refusing to provide an official to testify at this week’s hearing on “The Biden Family Investigation: The Department of the Treasury.” Chairman Comer is now calling on Jonathan Davidson, Assistant Secretary for Legislative Affairs, to appear for a transcribed interview on March 14 at 10:00am.
“Treasury Department officials have repeatedly said that they are cooperating with the Committee’s request but all we’ve seen is obstruction. We’ve offered multiple good faith accommodations, but Treasury continues to provide excuses and employ delay tactics. We are done with the excuses and calling on Assistant Secretary Jonathan Davidson to answer questions under the penalty of perjury next week.
“These suspicious activity reports are important to our investigation to help us follow the money and determine the national security implications of the Biden family’s shady business deals. Under previous administrations, Congress has been provided with prompt access to suspicious activity reports to inform congressional investigations, but the Biden Administration has implemented a new policy to severely restrict Congress’ access to SARs. Biden’s Treasury Department’s obstruction will soon compel us to use the power of the gavel to obtain these documents,” said Chairman Comer.
The letter to the Department of the Treasury can be found here.
On February 24, 2023, Chairman Comer sent a letter to the Treasury Department outlining its lack of accommodations and called on a Treasury Department official to testify.
In one publicly available suspicious activity report, the financial institution filed it to report “93 wires between 02/03/2014 and 08/02/2019 totaling $2,461,962.60” to and from businesses and associates linked to the Biden family and a China-based investment fund controlled by the Bank of China.
“ROBERT [Hunter Biden], along with DEVON and ERIC, found several companies using the name Rosemont Seneca. ROSEMONT SENECA ADVISORS and ROSEMONT SENECA BOHAI LLC appear to be related companies in the investment field. There are allegations that ROBERT received funds from the Chinese government that coincided with the former vice president negotiating issues in China …BOHAI HARVEST is ROBERT’S investment company in China that has pooled money, largely from state-owned venture capital, to buy or invest in a range of industries in the U.S. and China. BOHAI HARVEST allegedly operates and works with a number of funds and the structure brought ROBERT into close proximity to influential Chinese government and business figures.”
The SAR also noted “ROBERT worked for a U.S.-based company which received monthly transfers exceeding $166,000 per month from BURISMA (a natural gas company in the Ukrainian oil and gas market) while the vice president was leading U.S. policy with the Ukrainian government.”