Can you say “conflict of interest”? Treasury Secretary Yellen sure can.
The Treasury Department has delayed a House Republican request for information on Biden family financial transactions that may have been marked as suspicious, saying that it must first determine whether the disclosure of the records is consistent with “longstanding Executive Branch interests.”
Considering that there’s a Biden at the top of the executive branch, it’s obviously not.
Rep. James Comer (R-Ky.), who chairs the House Oversight and Accountability Committee, requested suspicious activity reports related to the Biden family earlier this month in a letter to Treasury Secretary Janet Yellen. Suspicious activity reports are generated by financial institutions when flagging suspicious financial moves and are submitted to the federal government.
But the Treasury at least temporarily rebuked Comer’s request, saying it needed to further communicate with the committee to figure out why it wants the information and what it plans on doing with it.
“It is important that a requesting committee specify in writing its purpose in seeking to obtain the requested information and the use it intends to make of it so that the Department can make a determination as to whether the disclosure is appropriate and consistent with longstanding Executive Branch interests, including the protection of ongoing law enforcement investigations,” the department said in the letter to Comer on Wednesday.
Comer was asking for flagged transactions involving Hunter Biden, James Biden, Joe’s shady brother who doesn’t get nearly enough attention, Sara Biden, his wife, and assorted figures tied to business interests, including Devon Archer, and the Hudson West, Rosemont Seneca crew.
It’s obvious to Treasury why he wants it. And Treasury’s claim that it’s holding them back to protect “ongoing law enforcement investigations” is a cynical dodge. Prolonging an investigation is a good way of blocking congressional information requests before burying the whole thing after midnight. That’s the game here.