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House Oversight Committee Reaches Deal With Trump Over Financial Records

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OPINION: This article may contain commentary which reflects the author's opinion.


The Democratic congressional majority is continuing to pursue various investigations into former President Donald Trump despite the fact that he’s been out of office for well over 18 months.

On Thursday, the House Oversight Committee announced that a deal has been reached with Trump for his financial records after Democrats first attempted to get them in 2019 following their takeover of the chamber. In a press release, the committee stated that Trump’s accounting firm, Mazars, will turn over the financial records. CNN reported the filing doesn’t offer specifics about the terms of the deal.

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“After numerous court victories, I am pleased that my Committee has now reached an agreement to obtain key financial documents that former President Trump fought for years to hide from Congress,” House Oversight Chairwoman Carolyn Maloney of New York said in the release, according to CNN.

“After facing years of delay tactics, the Committee has now reached an agreement with the former President and his accounting firm, Mazars USA, to obtain critical documents. These documents will inform the Committee’s efforts to get to the bottom of former President Trump’s egregious conduct and ensure that future presidents do not abuse their position of power for personal gain,” she claimed, without providing any specifics.

“Under the agreement reached by the Committee, former President Trump has agreed not to further appeal the D.C. Circuit’s ruling, and Mazars USA has agreed to comply with the court’s order and produce responsive documents to the Committee as expeditiously as possible,” the press release from the committee noted further.

Both sides reached the agreement on Aug. 30, according to CNN.

Meanwhile, last month House Republicans ripped the Biden White House for stonewalling their requests for documents pertaining to Hunter Biden.

Kentucky GOP Rep. James Comer, the top Republican on the House Oversight Committee, is pressing the White House for information on the shady foreign dealings of the first son.

Comer went on to accuse the White House of thwarting the panel’s probe to protect the president.

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“The Biden Administration is restricting Congress’ access to SARs, and Committee Republicans are investigating whether this change in longstanding policy is motivated by efforts to shield Hunter Biden and potentially President Biden from scrutiny,” Comer said. “Though the Committee requested documents and information ‘no later than June 8, 2022,’ the Department of the Treasury has provided no documents or information.”

Prior to that, several Republican members of the House Oversight Committee penned a letter and sent it to the Biden Administration demanding they be given access to any and all communication records between Hunter Biden and the Obama White House.

House Minority Leader Kevin McCarthy, who will likely become Speaker of the House should the GOP win back control of the lower chamber in the November midterms, said last week that Republicans are planning to launch a series of oversight investigations into the Biden administration, including Hunter Biden.

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In an interview with the New York Post, McCarthy vowed that the GOP would use subpoena power in an attempt to learn what U.S. intelligence agencies knew about the infamous laptop Hunter abandoned in 2019 at a computer repair shop in Delaware — the contents of which were partially revealed just ahead of the 2020 election by The Post but which were either ignored by most other media, censored by social media platforms, or labeled Russian misinformation.

In addition, McCarthy said his party will want to know more about what the intelligence community knew of the first son’s foreign business activities while his dad served as Barack Obama’s vice president.

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McCarthy told The Post “we will use the subpoena” if the intelligence agencies refuse to voluntarily cooperate with any probes, adding that in the days before the election, more than 50 current and former intelligence officials signed an open letter attesting that they believed the laptop information was planted by Russia.

“You would want to ask these individuals first of all, ‘Would you still sign the letter today, and who asked you to sign the letter and why did you sign the letter, and what information did you have prior?’” McCarthy told The Post. “Why did you feel comfortable — especially with your own reputations — that you would sign that letter? Was it someone from the [Biden] campaign who asked, or was it people in the intel community?”

“I think these questions have to be answered,” McCarthy added. “You cannot allow an intel community to utilize their name in an improper way without correcting.”

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