Hunter Biden is walking away from the board of a Chinese-backed private equity company as part of a public pledge to disavow all foreign work if his father, former U.S. Vice President Joe Biden, gains the presidency in 2020.
Joe Biden’s second son made his move after a month of pushing by U.S. President Donald Trump who has publicly highlighted the perceived – and real – conflicts of interest represented by Biden’s work in Asia.
A statement released on his behalf by his legal counsel George Mesires said his relationship with the management company of a private equity fund that’s backed by Chinese state-owned entities will end within weeks.
The 49-year-old doesn’t state whether he will be divesting from BHR (Shanghai) Equity Investment Fund Management Company. The company was set up in 2013 to invest Chinese capital outside of China.
Trump Debuts Brutal Cartoon Nickname for James Talarico to Kick Off Texas Senate General Election
Peak Woke: Rape Can’t Be Committed by Blacks, Muslims, or Women, According to Neo-Marxist Insanity
Conservatives erupt after DNC lashes out at top White House official with vulgar personal attack
US military carries out new strikes against Iranian military base as negotiations continue
Your Christian Family Is Being Hunted Like Animals and Exterminated in Nigeria – Will You Ignore It?
Trump says Delaney Hall protesters are ‘paid’ as clashes escalate outside NJ ICE facility
Talarico makes stunning claim about why he thinks Texas elections aren’t ‘free and fair’
Watch: Fox Host Responds with Open Disgust as Anti-ICE Antagonist Attacks a Reporter for Daring to Video Their Behavior
Seattle socialist mayor mocked for ‘irony’ as residents build walls to stop out of control shootings
Chaotic border chase ends with illegal immigrants found crammed in semitruck sleeping area
Video shows illegal aliens found crammed inside semi-truck sleeper cab in alleged smuggling bust
DOJ sues UCLA over alleged ‘Judenrein’ conditions during anti-Israel encampment
EXCLUSIVE: DHS blasts sanctuary leaders after illegal immigrant accused of bat attack freed from jail
Christian Lifeguard Punished for Removing Pride Flag Is Headed to Trial After Being Told His ‘Religious Beliefs Don’t Matter’ by Gov’t Boss – Lawsuit
Fact Check: Is the Bible ‘Silent on Abortion,’ as James Talarico Claims?
Instead the young Biden pledged he wouldn’t work for any foreign-owned companies or serve on their boards during a potential Biden administration.
“Hunter always understood that his father would be guided, entirely and unequivocally, by established U.S. policy, regardless of its effects on Hunter’s professional interests,” the statement said. “He never anticipated the barrage of false charges against both him and his father by the President of the United States.”
Just two days ago Trump again highlighted the problem of Hunter Biden seeking work overseas during a political rally in Louisiana, as Breitbart News reported.
Trump Debuts Brutal Cartoon Nickname for James Talarico to Kick Off Texas Senate General Election
Peak Woke: Rape Can’t Be Committed by Blacks, Muslims, or Women, According to Neo-Marxist Insanity
Conservatives erupt after DNC lashes out at top White House official with vulgar personal attack
US military carries out new strikes against Iranian military base as negotiations continue
Your Christian Family Is Being Hunted Like Animals and Exterminated in Nigeria – Will You Ignore It?
Trump says Delaney Hall protesters are ‘paid’ as clashes escalate outside NJ ICE facility
Talarico makes stunning claim about why he thinks Texas elections aren’t ‘free and fair’
Watch: Fox Host Responds with Open Disgust as Anti-ICE Antagonist Attacks a Reporter for Daring to Video Their Behavior
Seattle socialist mayor mocked for ‘irony’ as residents build walls to stop out of control shootings
Chaotic border chase ends with illegal immigrants found crammed in semitruck sleeping area
Video shows illegal aliens found crammed inside semi-truck sleeper cab in alleged smuggling bust
DOJ sues UCLA over alleged ‘Judenrein’ conditions during anti-Israel encampment
EXCLUSIVE: DHS blasts sanctuary leaders after illegal immigrant accused of bat attack freed from jail
Christian Lifeguard Punished for Removing Pride Flag Is Headed to Trial After Being Told His ‘Religious Beliefs Don’t Matter’ by Gov’t Boss – Lawsuit
Fact Check: Is the Bible ‘Silent on Abortion,’ as James Talarico Claims?
Trump then ripped Hunter for leaving China with $1.5 billion in investments from the bank of China despite knowing “nothing” and mocked the news broadcasts for repeatedly saying that Trump’s claims of corruption were “totally unsubstantiated” … at Biden’s request.
“It’s not unsubstantiated, he took a fortune out of Ukraine, knew nothing, took a fortune out of China,” he said.
He expressed skepticism Hunter Biden was able to get $1.5 billion in Chinese investments because they thought he was a good investment.
“For a guy to walk in from off the street with no experience, a bad track record, just got thrown out of the navy, and he walks away with $1.5 billion?” Trump said.
Story cited here.
