House Oversight Chair James Comer, R-Ky., has announced that the Biden family will be served with "two dozen" subpoenas in the coming days as part of the House investigation into their overseas business dealings. Comer made the declaration during an interview on Fox News' "Sunday Morning Futures" with Maria Bartiromo.

The investigation is focused on determining any involvement of President Joe Biden in his son Hunter Biden's foreign business entanglements. Republicans have alleged that the president has financially benefited from business deals made by his family members with foreign nations. Comer intends to connect the dots between financial transactions involving the president and his family that he claims amount to "money laundering."

Last week, Comer revealed that President Biden allegedly received $40,000 in "laundered China money" in 2017 from the bank account of his brother and sister-in-law in the form of a personal check. The allegations of financial impropriety have been consistently denied by President Biden.

In response to questions about subpoenas and potential questioning of the Bidens, Comer confirmed that it was part of their planned course of action. He expressed frustration, claiming that they have faced obstruction at every turn, not just from the Bidens' legal team but also from federal agencies such as the IRS, DOJ, Treasury, and FBI. Comer accused the Democrats on the House Oversight Committee of behaving as the Biden family's "legal defense team."

Comer highlighted a series of financial transactions that he believes were organized to disguise the source of revenue and deceive the IRS regarding tax payments. He suggested that the funds received by the Bidens would be claimed as loans in an attempt to avoid tax reporting requirements. He specifically pointed out two checks received by President Biden for loan repayments, totaling $240,000, which he claims the IRS would not have been aware of.

"These complex transactions served as an integral part of money laundering, intended to deceive the IRS about the revenue being obtained. In other words, this amounts to being a tax cheat," Comer stated.

Fox News Digital has reached out to the White House for comment on the subpoenas and the allegations of tax evasion. The Biden administration has yet to respond.

As the investigation progresses and subpoenas are issued, it remains to be seen how this development will impact the Biden family and the ongoing scrutiny surrounding their overseas business dealings. The allegations and counterclaims highlight the deep divisions within the House Oversight Committee and the political landscape surrounding the Biden administration.