The Treasury Department is granting House Republicans access to suspicious activity reports filed by banks against President Joe Biden and his son Hunter, House Oversight Committee chairman James Comer (R., Ky.) announced on Tuesday.
"After two months of dragging their feet, the Treasury Department is finally providing us with access to the suspicious activity reports for the Biden family and their associates' business transactions," Comer said in a statement.
The bank documents may further expose the Biden family's corrupt business dealings. Comer said one financial document, which the committee has already obtained, shows a Chinese company paying a Biden-linked firm $3 million just two months after Biden left the vice presidency. The Biden family later received large payouts from the firm, the Washington Examiner reported.
The Oversight Committee on Monday also subpoenaed the Bank of America for documents pertaining to the financial records of three Hunter Biden associates going back to January 20, 2009.
"The Oversight Committee has subpoenaed and obtained financial records related to the Biden family's influence-peddling," a spokesperson for the Oversight Committee told Fox News Digital. "These documents solidify our understanding of several areas of concern and have opened new avenues of investigation about the Biden family's business schemes."
The developments come after Comer announced earlier this month that, following a Washington Free Beacon report, his committee is reaching out to a think-tank executive who claims to have inside information on the Bidens' China dealings.
Documents released by the Treasury will have to be reviewed in private by committee staff.