Is President Joe Biden using the government to shield his son, Hunter, from facing criminal charges?
A letter from the ranking Republican on the House of Representatives Committee on Oversight and Reform suggests as much. In the July 6 letter to Treasury Secretary Janet Yellen, Rep. James Comer, a Kentucky Republican, accused the Biden administration of potentially withholding documents showing Hunter Biden’s suspicious financial activity.
In order to prevent any investigation into his son’s dealings, Biden has a secret weapon at his disposal — the bureaucratic procedures currently operating in regard to Suspicious Activity Reports, known as SARs. Essentially, according to a letter sent back to Comer from the Treasury Department, any such information regarding Hunter’s potentially illicit deals will be withheld unless the Biden-appointed Yellen says otherwise.
In fact, according to the Treasury Department, Comer doesn’t even have the right to be asking for such information. The full oversight committee could potentially request such information to be released, but it’s unlikely Democratic-controlled committee would even be willing to do so.
And even in the event such a request is made — or, if one is made in the future if Republicans regain control of Congress in the November midterms, Yellen might not be obligated to honor it.
At least that’s how Yellen’s Treasury Department sees its role under the Bank Secrecy Act, which requires the Treasury Department to track illicit financial activities — such as the ones Hunter Biden has been accused of committing.
“Under the current regulation, the Secretary may make BSA information available to ‘Congress, or any committee or subcommittee thereof, upon a written request stating the particular information desired, the criminal, tax or regulatory purpose for which the information is sought, and the official need for the information,’” the Treasury wrote, according to Reuters.
“These decisions are entrusted to the Secretary’s discretion.”
In other words, it doesn’t look like a close look at Hunter Biden’s potentially illicit financial transactions is going to happen any time soon.
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