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House of Representatives Published April 7, 2023 5:47pm EDT

House Oversight Committee

subpoenas banks, Biden family
associates in probe of finances
The Republican-led House Oversight Committee has subpoenaed several major banks for financial records
belonging to Biden family associates

By Chad Pergram , Adam Sabes Tyler Olson

, | Fox News

James Comer on Trump indictment: The Bidens were 'basically laundering money'
Rep. James Comer, R-Ky., on the concerns with the Trump case and former Biden aide questioned in a classified document probe

The House Oversight Committee issued subpoenas to banks asking for Biden family
associates' financial records.

Fox News has confirmed that the Oversight Committee subpoenaed 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.

Rep. Jamie Raskin, D-Md., the top Democrat on the Oversight Committee, complained that
Committee Chairman James Comer R-Ky., was trying to hide information regarding the
,

investigation from Democrats on the committee.

COMER DEMANDS BIDEN CORRECT HIS 'DISHONEST' DENIAL THAT FAMILY GOT $1M
FROM HUNTER'S CHINA DEAL

House Committee on Oversight and Accountability Chairman James Comer, R-Ky., leads an organizational meeting for the
118th Congress at the Capitol in Washington, D.C., on Jan. 31, 2023. (AP Photo/J. Scott Applewhite)

In a statement to Fox News, Comer said "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. "

President Biden and his son, Hunter Biden, step off Air Force One at Hancock Field Air National Guard Base in Syracuse,
N.Y., on Feb. 4, 2023. (AP Photo/Patrick Semansky)

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

COMER DEFENDS DECISION TO SHIELD WITNESSES FROM DEMS IN HUNTER BIDEN

PROBE, SAYS SOME ‘DO NOT TRUST’ RASKIN

"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. Get the latest updates from the 2024
campaign trail, exclusive interviews and
more Fox News politics content.
The Democratic memo alleges that Republicans haven't been publicizing their subpoenas
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or notifying Democrats, which has purportedly resulted in some targets of subpoenas
being unaware that the committee is seeking their records. Subscribe

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"On February 27, 2023, Chairman Comer secretly issued the Committee’s first document House Oversight
Committee
subpoena as part of Committee Republicans’ ongoing investigation into the Biden family subpoenas banks,
Biden family
to Bank of America. This subpoena sought, among other information, "all financial associates in probe
records" from January 20, 2009, to the present — a staggering 14-year period — for John of finances
R. Walker, a private U.S. citizen... Yet, because of Chairman Comer’s use of a secret
subpoena, Mr. Walker was never notified that the Committee had subpoenaed his financial
records from Bank of America, he was never notified that Bank of America turned over his
records to the Committee, and he was never notified that the Committee was publicly
releasing information from these records," the memo states.

EDITOR'S NOTE: This story has been updated to reflect subpoenas are for Biden family
associates.

Chad Pergram currently serves as a senior congressional correspondent for FOX News Channel
(FNC). He joined the network in September 2007 and is based out of Washington, D.C.

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