The U.S. Treasury Department has reportedly agreed to provide Republican lawmakers access to a set of Suspicious Activity Reports (SAR) relating to transactions by President Joe Biden’s son Hunter Biden, the president’s brother James Biden, and their business associates.
House Oversight Committee Chairman James Comer (R-Ky.) issued a statement today announcing the Treasury Department had agreed to provide the committee with an in-camera review of suspicious activity reports related to members of the Biden family and their business associates. Comer said the reports relate to “unusual foreign or high-dollar transactions.”
SARs are records generated by banking and financial institutions and filed with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN). A FinCEN guide (pdf) lists several activities that could cause banks to generate SARs, such as transactions with no apparent business activity or large volumes of wire transfers….