WASHINGTON — Home Republicans have quietly halted a congressional investigation into whether or not Donald J. Trump profited improperly from the presidency, declining to implement a court-supervised settlement settlement that demanded that Mazars USA, his former accounting agency, produce his monetary data to Congress.

Consultant James R. Comer, Republican of Kentucky and the chairman of the Oversight and Accountability Committee, made clear he had deserted any investigation into the previous president’s monetary dealings — professing ignorance in regards to the inquiry Democrats opened after they managed the Home — and was as a substitute specializing in whether or not President Biden and members of his household had been concerned in an influence-peddling scheme.

“I truthfully didn’t even know who or what Mazars was,” mentioned Mr. Comer, who was the senior Republican on the oversight panel over the last Congress, whereas Democrats waged a prolonged authorized struggle over acquiring paperwork from the agency.

“What precisely are they on the lookout for?” Mr. Comer added in a quick assertion to The New York Instances on Monday. “They’ve been ‘investigating’ Trump for six years. I do know precisely what I’m investigating: cash the Bidens obtained from China.”

He confirmed the top to the inquiry into Mr. Trump after Democrats wrote to Mr. Comer elevating considerations about the truth that Mazars, the previous president’s longtime accounting agency that lower ties with him final 12 months, had stopped turning over paperwork associated to his monetary dealings. The highest Democrat on the panel prompt that Mr. Comer had labored with Mr. Trump’s attorneys to successfully kill the investigation, an accusation the chairman denied.

“It has come to my consideration that you’ll have acted in league with attorneys for former President Donald Trump to dam the committee from receiving paperwork subpoenaed in its investigation of unauthorized, unreported and illegal funds by overseas governments and others to then-President Trump,” Consultant Jamie Raskin of Maryland, the highest Democrat on the panel, wrote on Sunday night to Mr. Comer.

Mr. Comer on Monday denied data of any try to coordinate with Mr. Trump’s attorneys to dam the investigation, however he made it clear he didn’t plan to maintain it going. His committee has issued no subpoenas regarding Mr. Trump’s funds.

Democrats fought in courtroom for years to get monetary paperwork from Mr. Trump’s former accounting agency, and solely final 12 months — after coming into right into a court-ordered settlement — started receiving the paperwork and gaining new insights into how overseas governments sought affect utilizing the Trump Worldwide Lodge. The corporate has been delivering the paperwork to the committee in batches.

Within the letter, Mr. Raskin wrote that he had reviewed communications between Patrick Strawbridge, Mr. Trump’s counsel, and a lawyer for Mazars during which the Trump lawyer indicated he had been advised that Home Republicans would now not insist on further doc manufacturing. On Jan. 19, Mr. Strawbridge wrote, “I have no idea the standing of Mazars manufacturing, however my understanding is that the committee has no real interest in forcing Mazars to finish it and is prepared to launch it from additional obligations underneath the settlement settlement.”

Mr. Raskin wrote that Mr. Strawbridge had confirmed that assertion had been made to him twice by the performing normal counsel of the Home of Representatives, who on the time was Todd Tatelman.

Mr. Tatelman didn’t reply to a request for remark, nor did Mr. Strawbridge or attorneys for Mazars.

Democratic employees aides on the committee mentioned they’d repeatedly sought written affirmation from Mazars that Home Republicans had agreed to launch the agency from its obligations underneath the subpoena and court-supervised settlement settlement. However Mazars mentioned it had not obtained such a launch nor was any filed with the courtroom, which has retained jurisdiction over the matter.

Even so, Mazars knowledgeable Democratic employees members that, on account of Mr. Strawbridge’s assertions, it could stop manufacturing after the supply of a small tranche of paperwork that it had already recognized as conscious of the subpoena, the letter states.

Enforcement of a court-supervised settlement settlement made with one Congress throughout a subsequent Congress underneath new management stays a legally murky grey space. Subpoenas in circumstances involving the Home expire on the finish of every Congress, however Mazars had continued to supply paperwork even after the Home modified fingers into Republican management. Nonetheless, a decide can be unlikely to implement the settlement if the events concerned had been now not inquisitive about enforcement, in accordance with attorneys in each events.

The paperwork from Mazars have so far supplied new proof about how overseas governments sought to affect the Trump administration. In November, as an example, paperwork the committee obtained from Mazars detailed how officers from six nations spent greater than $750,000 at Mr. Trump’s lodge in Washington after they had been looking for to affect his administration, renting rooms for greater than $10,000 per night time.

“Within the face of mounting proof that overseas governments sought to affect the Trump administration by taking part in to President Trump’s monetary pursuits, you and President Trump’s representatives seem to have acted in coordination to bury proof of such misconduct,” Mr. Raskin wrote to Mr. Comer.

On the identical time that Mazars has stopped producing paperwork about Mr. Trump’s funds, Mr. Comer has ramped up his investigation into Mr. Biden and his family members.

Mr. Comer has issued a broad subpoena to acquire financial institution data of associates of the Biden household, requiring Financial institution of America to supply “all monetary data” for 3 non-public people from Jan. 20, 2009, to the current — a 14-year interval, Mr. Raskin wrote.

He has targeted specifically on John R. Walker, an affiliate of Hunter Biden, the president’s son, whose enterprise dealings are underneath investigation by the Justice Division. Mr. Walker was concerned in a three way partnership with CEFC China executives, a now-bankrupt Chinese language power conglomerate.

Mr. Raskin accused Mr. Comer of utilizing a “wildly overbroad subpoena” to conduct “a dragnet of political opposition analysis on behalf of former President Trump.”

Mr. Comer responded that Mr. Raskin was attempting to distract “from the true difficulty right here, and that’s the Biden household cash path from China.”

“I now possess paperwork to show it; Raskin is aware of it, and Raskin has had a meltdown,” Mr. Comer added.

When Congress was in Democratic fingers, the Home Oversight Committee waged a yearslong battle to acquire Mr. Trump’s monetary data from Mazars in one of many main authorized sagas of the Trump presidency.

Mazars lower ties with the Trump Group in 2022, saying it may now not stand by a decade of economic statements it had ready.

Charlie Savage contributed reporting.