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.
Pictures: You Might Have Missed the Brand New Trump Portrait That Came With the WH Christmas Directions
Notorious Raccoon That Raided Liquor Store Makes Headlines Again – It Turns Out He’s a Serial Offender
Scavenger hunts, Christmas mass, Cajun-fried turkey: Capitol Hill’s favorite holiday traditions
Nearly 20 states sue HHS over declaration to restrict gender transition treatment for minors
Watch: Thieves drag ATM through Texas convenience store in Christmas Eve theft attempt
Trump takes NORAD Santa calls with children, praises ‘clean, beautiful coal’ and ‘high-IQ’ person
ICE agents open fire on van driver who allegedly tried to run them over on Christmas Eve
Virginia family alleges bed bugs bit them during transatlantic flight, suing Delta and KLM airlines
Activists tied to LA bombing plot indicted on terrorism charges
DOJ discovers more than 1M potential Epstein records, further delaying file release
Post-Christmas Disaster: How 26 Million Pounds of Molasses Killed or Injured 170 in the Streets of Boston in 1919
Pentagon to send 350 National Guard troops to New Orleans as violent crime surges ahead of major events
Alito rips Supreme Court majority as ‘unwise’ for blocking Trump’s National Guard plan
Greta Thunberg Arrested After Caught Supporting Literal Anti-Jewish Terrorist Org – This Is the Kid the Left Platformed as a God for Years
California farming tycoon arrested in wife’s killing
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.
Pictures: You Might Have Missed the Brand New Trump Portrait That Came With the WH Christmas Directions
Notorious Raccoon That Raided Liquor Store Makes Headlines Again – It Turns Out He’s a Serial Offender
Scavenger hunts, Christmas mass, Cajun-fried turkey: Capitol Hill’s favorite holiday traditions
Nearly 20 states sue HHS over declaration to restrict gender transition treatment for minors
Watch: Thieves drag ATM through Texas convenience store in Christmas Eve theft attempt
Trump takes NORAD Santa calls with children, praises ‘clean, beautiful coal’ and ‘high-IQ’ person
ICE agents open fire on van driver who allegedly tried to run them over on Christmas Eve
Virginia family alleges bed bugs bit them during transatlantic flight, suing Delta and KLM airlines
Activists tied to LA bombing plot indicted on terrorism charges
DOJ discovers more than 1M potential Epstein records, further delaying file release
Post-Christmas Disaster: How 26 Million Pounds of Molasses Killed or Injured 170 in the Streets of Boston in 1919
Pentagon to send 350 National Guard troops to New Orleans as violent crime surges ahead of major events
Alito rips Supreme Court majority as ‘unwise’ for blocking Trump’s National Guard plan
Greta Thunberg Arrested After Caught Supporting Literal Anti-Jewish Terrorist Org – This Is the Kid the Left Platformed as a God for Years
California farming tycoon arrested in wife’s killing
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.
