Rep. James Comer teases that release of bank records will be ‘judgment day’ for Biden White House
House Oversight Committee Chairman James Comer declared that President Biden will face a “judgment day” on Wednesday when his panel releases financial documents that purportedly will show “wire transfers from adversaries around the world” going to the commander in chief’s family members.
“Tomorrow, for the first time, the American people are gonna see actual bank records that show wire transfers from adversaries around the world into a web of LLCs that were owned or controlled by the Bidens and then those transfers were made back into the Biden family accounts,” the Kentucky Republican teased on Fox News’ “Jesse Watters Primetime” on Tuesday.
“We’re gonna see whether or not tomorrow, Jesse, Joe Biden was telling the truth when he said that his family never received any money from China. We’re gonna see tomorrow whether or not Joe Biden knew about his family’s business dealings, which we know that he said several times that he didn’t. So, I think tomorrow is going to be judgment day for the Biden administration, the Biden White House,” Comer added.
On Wednesday, Comer will unveil a memo describing the status of a GOP-led investigation into the 80-year-old president’s role in his family’s foreign income.
The memo and a Wednesday morning presentation by Comer are expected to detail the findings from four bank subpoenas issued by the House Oversight Committee and explain how money from foreign nationals was funneled to members of the Biden family.
The congressman is also expected to reveal the next steps in his panel’s investigation.
Comer said Tuesday that the banks knew the financial transactions that will be revealed on Wednesday weren’t “normal business activity,” prompting them to file suspicious activity reports with the Treasury Department.
He also likened the transactions his committee uncovered to the activity of an “organized crime unit.”
“They [the Bidens] set this up to be as complicated as possible. To make it as difficult as possible to do two things, number one: trace where the sender was, and secondly, to deceive the IRS,” Comer alleged.
“And they didn’t make transfers directly to Biden families, they would transfer from one LLC to another LLC and then make a wire to one Biden then a wire to the Biden’s LLC. I mean, it’s just, I’ve never seen activity like this and I’ve been involved in banking for a long time. They were clearly trying to cover up the source of the money and they were certainly trying to protect ‘the big guy,’” he added.
The Oversight Committee chairman noted that he has yet to figure out what “credible business” the Biden family was running and that it appears to him that “the businesses were shell companies — set up to launder money from foreign nationals into the Biden family’s back pocket.”
Comer has also set a noon deadline for the FBI to deliver an informant file that allegedly says Biden took bribes while vice president.
Bud Cummins, a former federal prosecutor, first reported the bribery allegations to then-New York US Attorney Geoffrey Berman on Oct. 4, 2018, in an email claiming he had witnesses who alleged to have evidence that Biden had “exercised influence to protect” his son’s Ukrainian employer “in exchange for payments to Hunter Biden, Devon Archer, and Joe Biden.”
Cummins told Watters on Tuesday that intermediaries informed him that then-Ukrainian Prosecutor General Yuriy Lutsenko had “hard evidence,” including ledgers related to “money transfers, money laundering” and “eyewitnesses who were part of the transactions.”
“They allegedly had eye witnesses who would claim that they were directed by Obama administration officials to tamper or alter some evidence related to Paul Manafort,” Cummins told Watters.
After receiving no response from Justice Department officials, Cummins said he “chose to drop it,” but recently discovered that in 2019 Apple received a subpoena for his information from the US Attorney’s Office for the Southern District of New York.
“It seems kind of perverse to me to only investigate me and turn a blind eye to potential evidence of some fairly serious stuff — bribery, even I guess you could call it treason,” Cummins said, adding that a “highly politicized DOJ and a highly politicized FBI” are the reasons he thinks his report was ignored.
