House Oversight panel finds millions in suspicious payments to Biden family

FILE - House Oversight Chairman Rep. James Comer, R-Ky., opens a House Committee on Oversight and Accountability hearing on the border, Tuesday, Feb. 7, 2023, in Washington. Several Biden Cabinet members, including the chairman of the Joint Chiefs of Staff, received a letter Friday, Feb. 17, from House Republicans as they launched the second investigation into the chaotic U.S. withdrawal from Afghanistan. Comer sent a series of letters to senior leadership at the White House, Department of Defense, State Department and others requesting a tranche of documents related to the end of America's longest war. (AP Photo/Kevin Wolf, File)

WASHINGTON, D.C. — House Republicans have detailed what they say are concerning new findings about President Joe Biden’s family and their finances. The smoking gun, according to the GOP, is recently obtained financial records connected to the president’s son Hunter Biden, brother James Biden and a growing number of associates who received millions of dollars in payments from foreign entities in China and Romania.  

The GOP panel’s members relied on more than 150 suspicious activity reports as a roadmap to follow what they call the Bidens’ complicated financial money trail. 

The confidential reports, called SARs for short, are transactions automatically flagged to the government with larger financial transactions. The filing of a SARs report is not evidence on its own of misconduct. 

But Rep. James Comer, the committee’s chairman leading the probe, said that other types of financial records obtained through congressional subpoenas and lawsuits have now become the focus of their investigation. 

The White House dismissed the whole investigation as “yet another political stunt.”