US Treasury Hid Suspicious Wires from Bidens


The United States Department of the Treasury is currently under investigation by the House Oversight Committee, led by Chairman James Comer (R-KY), for nine violations allegedly committed by former Secretary Eric Schwerin, his son Hunter Biden and Joe Biden.

The violations include wire fraud and money laundering. The agency has refused to provide crucial Suspicious Activity Reports (SARs) to the committee which could provide evidence of potential criminal activities such as money laundering and fraud.

This refusal has prompted Secretary Comer to call a hearing with a Treasury official who will explain why these documents have not been disclosed.

Peter Schweizer’s books Secret Empires and Profiles in Corruption have revealed various foreign deals made by the Biden family, including an alleged $1.5 billion deal between Hunter Biden’s firm and a subsidiary of the Chinese government’s Bank of China following an Air Force Two trip taken with Joe Biden in 2013.

Furthermore, investigative work done by Emma-Jo Morris at the New York Post uncovered emails indicating that Joe Biden had a 10 percent stake in one of his son’s companies formed with officials at the highest levels of the Chinese Communist Party.

As Congress seeks to uncover more information about how foreign governments may be compromising Joe Biden through his family’s business dealings, House Oversight Committee Chair James Comer has expressed his intention to examine legislative solutions that would ensure Congress is able to access SARs timely and easily.

Despite their unwillingness to cooperate so far, it appears that Schwerin may soon comply with the request for documents from Committee Chair Comer.

“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,” Comer wrote.

“At next week’s hearing, a Treasury Department official can explain to Congress and the American people why the department is hiding critical information.”