New GOP Oversight chair launches probes into Biden finances, Hunter Biden laptop story

New House Oversight and Accountability Committee Chairman James Comer (R-Ky.) on Wednesday launched the GOP’s long-awaited investigation into President Biden and his family’s finances, requesting information from the Treasury Department.

Comer sent a letter to Treasury Secretary Janet Yellen asking for documents and information on Biden’s family businesses, including any suspicious activity reports (SARs) generated by banks in relation to the Biden family. Comer said in the letter that his committee is investigating Biden’s involvement in his family’s “foreign business practices and international influence peddling schemes.”

Republicans have been preparing to investigate Biden and his family since they won the House majority in the 2022 midterms, saying that the president’s involvement in his family’s businesses, and particularly those related to his son Hunter Biden, could pose a risk to national security.