House Republicans allege Biden family members received millions in payments from foreign entities in new bank records report

House Oversight Chairman James Comer laid out new details to support allegations that members of Joe Biden's family including his son Hunter received millions of dollars in payments from foreign entities in China and Romania including when Biden was vice president, according to a memo obtained by CNN.

New bank records cited in the memo were obtained by the committee through a subpoena and include payments made to companies tied to Hunter Biden. Republicans also alleged that Hunter Biden used his familial connections to help facilitate a meeting in 2016 between a Serbian running for United Nations Secretary-General and then-national security adviser to the vice president Colin Kahl.

The foreign payments raise questions about Hunter Biden's business activities while his father was vice president, but the committee does not suggest any illegality about the payments from foreign sources. The bank records by themselves also do not indicate the purpose of the payments that were made.

The memo marks Comer's most direct attempt to substantiate his allegations that Biden family members have enriched themselves off the family name. Comer has suggested that Biden may have been improperly influenced by the financial dealings, particularly by his family's foreign business partners.

But the latest report does not show any payments made directly to Joe Biden, either as vice president or after leaving office.

Comer has been publicly teasing information for months about the paper trail committee Republicans have uncovered through subpoenas sent to multiple banks and trips to the Treasury Department to review records.

Comer and other Republicans on the committee held a press conference Wednesday morning to tout their findings.