Several Banks Subpoenaed For Biden Family Financial Records

The House Oversight Committee has subpoenaed multiple banks for the financial records of Biden family associates.

According to FOX News, the Republican-led committee issued subpoenas to Bank of America, Cathay Bank, JPMorgan Chase, and HSBC USA N.A.

Mervyn Yan, a former Hunter Biden business associate, reportedly also received a subpoena.

BREAKING: House Oversight Committee subpoenas banks for Biden family financial records https://t.co/L5j1RCjcBn

— Benny Johnson (@bennyjohnson) April 7, 2023

2) The institutions include:

Bank of America
Cathay Bank
JPMorgan Chase
HSBC USA N.A.
Mervyn Yan, a former Biden business associate

— Chad Pergram (@ChadPergram) April 7, 2023

House Oversight Committee Chairman James Comer (R-KY) made the following statement to FOX News:

“Ranking Member Raskin has again disclosed Committee’s subpoenas in a cheap attempt to thwart cooperation from other witnesses. Given his antics with the first bank subpoena, the American people and media should be asking what information Ranking Member Raskin is trying to hide this time. No one should be fooled by Ranking Member Raskin’s games. We have the bank records, and the facts are not good for the Biden family.”

Comer’s references to Rep. Jamie Raskin (D-MD) were in response to the congressman’s complaints that Comer attempted to hide information about the investigation from Democrats.

From FOX News:

The Oversight Committee Democratic staff sent a memo to members on Thursday which accuses Republicans of conducting their investigation behind a “veil of secrecy.”

“Despite this massive investment of time and resources, Republican efforts on this and other congressional committees have failed to yield any evidence of misconduct by President Biden. Nevertheless, Chairman Comer has issued six document subpoenas for financial records as part of this renewed investigation, several of which have been based on information Committee Republicans know to be false,” the memo states.

The Democratic memo alleges that Republicans haven’t been publicizing their subpoenas or notifying Democrats, which has allegedly resulted in some targets of subpoenas being unaware that the committee is seeking their records.

“Ranking Member Raskin is playing lawyer for the Biden family instead of engaging in real oversight for the American people. When the facts don’t go the Biden family’s way, Democrats lodge baseless accusations. We will be undeterred by these antics,” James Comer tweeted with a statement from the House Oversight Committee.

Ranking Member Raskin is playing lawyer for the Biden family instead of engaging in real oversight for the American people. When the facts don’t go the Biden family’s way, Democrats lodge baseless accusations.

We will be undeterred by these antics.

Statement.👇 https://t.co/oriGCX7Ees

— Rep. James Comer (@RepJamesComer) April 6, 2023