The House Oversight Committee’s decision to issue 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 is a significant development in the ongoing investigation into the Biden family’s business dealings and potential conflicts of interest.
Committee Chairman James Comer, R-Ky., has stated that “We have the bank records, and the facts are not good for the Biden family.” This statement has caused a stir among Democrats, who have accused Republicans of conducting their investigation behind a “veil of secrecy.”
The Oversight Committee Democratic staff has sent a memo to members accusing Republicans of not publicizing their subpoenas or notifying Democrats, resulting in some targets of subpoenas being unaware that the committee is seeking their records.
It’s clear that the Oversight Committee is taking this investigation seriously, and it’s time for the Biden family to be held accountable for any potential wrongdoing.
The American people deserve transparency and honesty from their leaders, and this investigation is a step in the right direction.