The House Oversight and Accountability Committee says the Biden family and its business associates created more than 20 companies and received more than $10 million from foreign nationals while Joe Biden served as vice president, and that some of these payments could indicate attempts by the Biden family to "peddle influence."

Committee Chairman James Comer, R-Ky., released a memo ahead of his press conference Wednesday that includes new information from his investigation into the Biden family's "influence peddling and business schemes." The memo said the Biden family appeared to take steps to "conceal the source and total amount received from the foreign companies."

The committee has subpoenaed four different banks as part of its probe and received "thousands of records in response." Those subpoenas were "tailored to specific individuals and companies that engaged in business activities with Biden family members and their business associates," the memo said.