At a press conference held on Thursday morning, Representatives James Comer (R., Ky.) and Jim Jordan (R., Ohio) announced that House Republicans would be opening up an investigation to determine the extent of President Joe Biden’s involvement in his son Hunter’s business dealings.

According to Comer and Jordan, Republicans have already gathered incriminating evidence of wire fraud, violation of the Foreign Agents Registration Act, money laundering, and tax evasion, among other crimes allegedly committed by the Bidens. Jordan, who is expected to become chairman of the House Judiciary Committee now that Republicans have secured a narrow majority in the chamber, plans to make the Biden’s overseas business dealings a central focus of the committee’s oversight efforts in the new Congress.

“As part of our investigation, we have evidence that the finances, credit cards, and bank accounts of Hunter and Joe Biden were co-mingled, if not shared. And on some accounts at least, red flags were raised by banks to the account owner or owners indicating suspicious or illegal activity,” said Comer, who also noted that Hunter Biden’s business associates met with his father on numerous occasions while Biden was serving as vice president.