BREAKING: Oversight Committee to initiate contempt of Congress hearings Thursday over FBI Director Chris Wray’s failure to turn over potentially incriminating Biden document

"Today, FBI officials confirmed that the unclassified FBI-generated record has not been disproven and is currently being used in an ongoing investigation," Comer said.

"The confidential human source who provided information about then-Vice President Biden being involved in a criminal bribery scheme is a trusted, highly credible informant who has been used by the FBI for over 10 years and has been paid over six figures."

Comer said that at the briefing, the FBI once again refused to hand over the records to the custody of the House Oversight Committee, and "we will now initiate contempt of Congress hearings this Thursday."

"Given the severity and complexity of the allegations contained within this record, Congress must investigate further. Americans have lost trust in the FBI’s ability to enforce the law impartially and demand answers, transparency, and accountability," he added.

A subpoena was previously issued against Wray demanding that he hand over a document alleging that Biden had engaged in a criminal bribery scheme with a foreign national, with that subpoena having a deadline of May 30. The amount allegedly discussed in the document outlining the bribe was $5 million.

In a letter earlier this month, Comer said Wray "has offered to allow us to see the documents in person at FBI headquarters, we have been clear that anything short of producing these documents to the House Oversight Committee is not in compliance with the subpoena."

This is a breaking story and will be updated.