Bank of America and Other Major Banks Subpoenaed Over President Biden’s Family Financial Records

Joshua Ramos
Source: NPR

According to a report from Fox News Today, Bank of America, JP Morgan, and other major banks have been subpoenaed by the House Oversight Committee over President Biden’s Family Financial Records.

Specifically, the subpoena also includes, Cathay Bank, HSBC USA N.A., as well as Mervyn Yan, Hunter Biden’s former business associate. Conversely, the report noted committee chairman James Comer’s statement that the Biden family was, “basically laundering money.”

Banks Subpoenaed Over Biden Family Financials

The US President is the subject of a new summons from the Republican-led House Oversight Committee. Specifically, Bank of America, JP Morgan, and other major banks have been subpoenaed over President Joe Biden’s family financial records.

Conversely, Democratic representative Jamie Raskin has accused Committee Chair Comer of mishandling the investigation. Specifically, Fox reports Raskin’s statements that Comer was “trying to hide information on the investigation from Democrats on the committee.”

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Source: The New York Times

In a statement to Fox News, Comer stated that the committee, “has the bank records, and the facts are not good for the Biden family.” Moreover, he has refuted claims made by Raskin, accusing them of attempts to “what cooperation from other witnesses.” Currently, the investigation has centered broadly around the financial records of the family, with few specifics in place.

President Joe Biden is undoubtedly in the midst of a hectic time in office. Subsequently, amidst this current investigation, he has also been called out by Republicans for his inability to resolve the current national debt crisis. Conversely, without a resolution set forth by the president, a national debt default could surmise with unprecedented consequences.

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