Breitbart News has learned that the Treasury Department will comply and release Suspicious Activity Reports (SARs) issued by the Biden family and business transactions of their associates to the House Oversight Committee.
The Treasury Department’s commitment to disclose SAR is a massive development in the House Oversight Committee’s investigation into the Biden family’s business to determine whether President Joe Biden was compromised by Communist China. The committee is investigating the Biden family’s business for nine violations, including phone fraud and money laundering.
US banks flagged more than 150 SARs from Hunter and James Biden that included “significant” sums of money that were flagged for further review by the Treasury Department. According to the 2020 Senate, search and rescue reports often contain evidence of possible criminal activities, such as money laundering and fraud. a report.
The suspicious records will provide details about how the family business operates and the required transparency about Hunter, James and Frank’s foreign business dealings, along with knowledge of whether Joe Biden remains vulnerable to foreign governments through his family’s business.

House Oversight Committee Chairman Rep. James Comer (R-KY) is seen fronting a newspaper page with a photo of Hunter Biden and his father, President Joe Biden, before the House Committee on Oversight and Accountability on February 8, 2023, in Washington, DC. (Photo by Matt McClain/The Washington Post via Getty Images)
On January 11, House Oversight Committee Chairman James Kummer (R-KY) demanded that the Treasury Department turn over suspicious bank records, but the Treasury Department denied Kummer’s request. Quote “Improper disclosure” of relevant information that could diminish the Biden administration’s ability to “conduct law enforcement, intelligence, and national security activities.”
The Treasury’s compliance comes after the committee’s investigation has so far met with resistance from Hunter Biden and from some of his associates, such as Serbian politician Vuk Jeremić and Hunter’s business magnate.
While the investigation met with resistance, the commission found that some key individuals were willing to comply. Eric Schwerin, the former chief financial lieutenant of the Biden family, is expected to submit the required documents “soon” to the committee. Schwerin, who shared bank accounts with Joe Biden and the family’s “money man” title, was also the president of Rosemont Seneca Partners, a fund set up by Hunter Biden and several partners that has spawned business deals in Russia, Ukraine, China and Romania.
Additionally, former Joe Biden executive assistant Kathy Chung is scheduled to sit April 4 for a requested written interview with the committee’s investigation into the Biden family’s business and the Joe Biden classified documents scandal. Chung was hired as Joe Biden’s aide when he was vice president after a recommendation from Hunter Biden. Chung appears in several emails on Hunter’s “laptop from hell”.

President Joe Biden and his son Hunter Biden leave Air Force One Saturday, February 4, 2023 at Hancock Field Air National Guard Base in Syracuse, New York. (AP Photo/Patrick Simanski)
Published in 2018 and 2020, Senior Contributor at Breitbart and President, Institute for Government Accountability, Peter Schweizer Secret empires And Features of corruption. Every book hit No. 1 on The New York Times bestseller list and reveal how Hunter Biden and Joe Biden flew on Air Force One in 2013 to China before Hunter’s company signed a $1.5 billion deal with a subsidiary of China’s state-owned Bank of China less than two weeks into the flight. Schweizer’s business also exposed the Biden family’s massive and lucrative foreign deals and nepotism.
Political editor Breitbart Emma-Jo Morris’s investigative work on New York Post On the Hunter Biden device, “Laptop from Hell” also made international headlines when it revealed with Miranda Devine that Joe Biden was intimately involved in Hunter’s business, apparently even owning ten percent A stake in a company formed by the descendant with officials at the highest levels of the Chinese Communist Party.
Follow Wendell Husebø at Twitter @ssssssssssssssssssssss Slave morality policy.
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