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.
Jesse Watters Asks Todd Blanche Point-Blank If He Thinks Bondi Mishandled Epstein Files
Hegseth Says Service Members May Carry Firearms on Military Bases Reversing Dangerous Biden Policy
A de facto pro forma: Why Washington fixated these sessions as the DHS shutdown dragged on through recess
FBI’s Patel delivers blunt warning to law enforcement attackers: ‘We’re going to put you down’
Jewish Europeans face deteriorating ‘normal’ as advocates warn spiking antisemitism a ‘mutating virus’
TEVI TROY: Trump faces the burdens of a wartime presidency
Daughters’ relentless search shatters ‘overdose’ claim, leads to arrest in mom’s 1992 murder
Three people hospitalized after city bus crashes into popular DC restaurant: officials
Democrat Lawmakers Move to Ban Napkins, Utensils in Take Out Food Orders
Blackmon: Competition, Not Monopoly Control, The Answer To Grid Reliability
ICE arrests relatives of slain Iranian general Soleimani living in US after Rubio revokes their green cards
Older Drivers Could Be Forced to Take Road Test Again for License Renewal in Key Swing State
Watch: Punk Thinks He Can Steal from Tip Jar While Owner’s Back Is Turned – Has No Idea the Internet’s Watching Live and Nailed Him Immediately
Trump unveils $1.5T defense surge, deep domestic cuts — what’s on the budget chopping block
One of America’s prettiest cities scrambles to reclaim storybook streets from homeless camps, drug dens
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.
Jesse Watters Asks Todd Blanche Point-Blank If He Thinks Bondi Mishandled Epstein Files
Hegseth Says Service Members May Carry Firearms on Military Bases Reversing Dangerous Biden Policy
A de facto pro forma: Why Washington fixated these sessions as the DHS shutdown dragged on through recess
FBI’s Patel delivers blunt warning to law enforcement attackers: ‘We’re going to put you down’
Jewish Europeans face deteriorating ‘normal’ as advocates warn spiking antisemitism a ‘mutating virus’
TEVI TROY: Trump faces the burdens of a wartime presidency
Daughters’ relentless search shatters ‘overdose’ claim, leads to arrest in mom’s 1992 murder
Three people hospitalized after city bus crashes into popular DC restaurant: officials
Democrat Lawmakers Move to Ban Napkins, Utensils in Take Out Food Orders
Blackmon: Competition, Not Monopoly Control, The Answer To Grid Reliability
ICE arrests relatives of slain Iranian general Soleimani living in US after Rubio revokes their green cards
Older Drivers Could Be Forced to Take Road Test Again for License Renewal in Key Swing State
Watch: Punk Thinks He Can Steal from Tip Jar While Owner’s Back Is Turned – Has No Idea the Internet’s Watching Live and Nailed Him Immediately
Trump unveils $1.5T defense surge, deep domestic cuts — what’s on the budget chopping block
One of America’s prettiest cities scrambles to reclaim storybook streets from homeless camps, drug dens
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.
