The House Oversight Committee has issued subpoenas to several major banks, including Bank of America, Cathay Bank, JPMorgan Chase, and HSBC USA N.A., as well as former Hunter Biden business associate Mervyn Yan, asking for financial records of Biden family associates.
The subpoena requests cover a broad range of financial records from January 20, 2009, to the present. Committee Chairman James Comer, R-Ky., has stated that “We have the bank records, and the facts are not good for the Biden family.”
The Oversight Committee Democratic staff has sent a memo to members accusing Republicans of conducting their investigation behind a “veil of secrecy.”
The memo also alleges that Republicans haven’t been publicizing their subpoenas or notifying Democrats, resulting in some targets of subpoenas being unaware that the committee is seeking their records.
We will continue to provide updates on this developing story.