Subpoenaed bank records have opened “new avenues of investigation” into the Biden family’s business dealings, according to the House Oversight and Accountability Committee.
News that the committee had subpoenaed Bank of America for the financial records of three of Hunter Biden’s associates first broke on March 12, when the Oversight Committee’s ranking member, Rep. Jamie Raskin (D-Md.), accused Committee Chairman James Comer (R-Ky.) via letter (pdf) of blocking the committee’s receipt of financial records subpoenaed from former President Donald Trump’s accounting firm, Mazars USA.
“The Committee simply cannot coordinate with former President Trump’s attorneys to obstruct a lawful subpoena investigating his demonstrated corruption, then issue an invasive and overbroad subpoena based on an investigation of the business dealings of his political rival’s son, who has never served in government,” Raskin wrote.
Responding to Raskin’s allegations on Monday, a House Oversight Committee spokesperson told The Epoch Times, “The accusation by Ranking Member Raskin is completely unfounded and untrue. There has been no coordination or discussion with anyone from the Committee’s majority with anyone about the Mazars documents. Even Raskin’s own letter, buried in footnote 5, admits there’s no evidence for what he is accusing Chairman Comer of.”
Holding that the point of Raskin’s letter was to “try to get ahead” of information that the committee has been receiving on the Biden family, the spokesperson added, “Ranking Member Raskin may want to have his staff conduct another review of the records obtained by the committee, as there are several quite notable developments that have both solidified the committee’s understanding of several areas of concern and opened new avenues of investigation about the Biden family’s business schemes.”
As to the nature of the new developments, the spokesperson did not elaborate.
Confusion Over Trump Records
According to Raskin’s letter, Oversight Committee Democrats repeatedly sought and failed to receive confirmation from Mazars that Comer had released the firm from its obligation to produce subpoenaed records.
“According to counsel for Mazars, despite multiple requests, Mazars has not received such a release nor was any filed with the court, which has retained jurisdiction over the matter,” Raskin wrote.
