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 admin invokes 30-year dormant terror court as it seeks to deport Afghan woman tied to Election Day plot
Army conducts first overseas test of ‘Hammer of the Gods’ weapon-disrupting system
Grandmother’s missed pickup leads to grim discovery in church parking lot
Clinton, Obama-era Democratic heavyweights Penn and Emanuel rip NYC’s Mamdani over taxes, Israel, blast DSA
Revealed: The DNC Lost Almost $30k to Email Scammer – No Word Yet if the Employee Was DEI or the Scammer Was a Deposed Nigerian Prince
Breaking: US Launches Airstrikes in Iran, Saudi Arabia Joins in as Iran Is Pushed to ‘Tipping Point’
DOJ suffers setback in New Jersey voter roll lawsuit despite illegal registrants scandal
Watch: Sen. Josh Hawley Illustrates the Absurdity of Fauci’s Hearing Stunt with 3 Questions
Trump AG pick Blanche stalled as key Republicans refuse to budge
Trump Going to SCOTUS to Have Punitive $83 Million E. Jean Carroll Decision Reversed
Perverse History Surfaces in Murder-Suicide Deaths of Seemingly Storybook Family of 8 Who Burned in Own Home
Ted Cruz demands Fauci face jail time, labels him America’s ‘most damaging bureaucrat’
Watch: Bodycam Footage of Tony Romo’s Arrest and Sobriety Test Raises Questions
New Fauci Investigation Launched – Biden’s Pardon Can’t Save Him This Time
Fox News Poll: Democratic enthusiasm shapes North Carolina Senate race
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 admin invokes 30-year dormant terror court as it seeks to deport Afghan woman tied to Election Day plot
Army conducts first overseas test of ‘Hammer of the Gods’ weapon-disrupting system
Grandmother’s missed pickup leads to grim discovery in church parking lot
Clinton, Obama-era Democratic heavyweights Penn and Emanuel rip NYC’s Mamdani over taxes, Israel, blast DSA
Revealed: The DNC Lost Almost $30k to Email Scammer – No Word Yet if the Employee Was DEI or the Scammer Was a Deposed Nigerian Prince
Breaking: US Launches Airstrikes in Iran, Saudi Arabia Joins in as Iran Is Pushed to ‘Tipping Point’
DOJ suffers setback in New Jersey voter roll lawsuit despite illegal registrants scandal
Watch: Sen. Josh Hawley Illustrates the Absurdity of Fauci’s Hearing Stunt with 3 Questions
Trump AG pick Blanche stalled as key Republicans refuse to budge
Trump Going to SCOTUS to Have Punitive $83 Million E. Jean Carroll Decision Reversed
Perverse History Surfaces in Murder-Suicide Deaths of Seemingly Storybook Family of 8 Who Burned in Own Home
Ted Cruz demands Fauci face jail time, labels him America’s ‘most damaging bureaucrat’
Watch: Bodycam Footage of Tony Romo’s Arrest and Sobriety Test Raises Questions
New Fauci Investigation Launched – Biden’s Pardon Can’t Save Him This Time
Fox News Poll: Democratic enthusiasm shapes North Carolina Senate race
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.
