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.
Nobu chef killed after teen driver crashes into parked car in California
Catfight! Insiders Say ‘The View’ Hosts Ticked at ABC After Whoopi’s Hiatus – ‘Every One of Them Wanted [It]’
Breaking: Televangelist Jim Bakker Dies at 86
Trump signs order waiving off-road rule for red-dyed diesel at Nebraska rally
Trump clears way for Fort Hood terrorist to face Army firing squad nearly 17 years after massacre
Luxury fashion designers found shot dead in California as family reportedly reveals troubling lead-up
Text Messages Between Cornell Jane Doe and Alleged Attacker Turn Case on Its Head
Biden DOJ officials warned their school board investigation resembled ‘Anti-MAGA Task Force’
Muslim Flydubai Hijack Suspect Cited Quran, Repeatedly Called for Women to Be Abused, Slapped, Bashed in Head
Biden-era FBI tracked Trump family travel and Wiles’ calls with lawyers in secret probe: docs
Epstein survivor family claims GOP lawmaker’s staff ignored meeting request
El Sayed denies that Schumer PAC money will influence him in Washington
Supreme Court begins new term with high-profile look at clean air and federal authority
America’s new blue-collar job boom is one nobody saw coming — and it’s just getting started
Christa Pike’s Attorney Calls for Death Penalty to Be ‘Taken Off the Table’ After Botched Execution Attempt
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.
Nobu chef killed after teen driver crashes into parked car in California
Catfight! Insiders Say ‘The View’ Hosts Ticked at ABC After Whoopi’s Hiatus – ‘Every One of Them Wanted [It]’
Breaking: Televangelist Jim Bakker Dies at 86
Trump signs order waiving off-road rule for red-dyed diesel at Nebraska rally
Trump clears way for Fort Hood terrorist to face Army firing squad nearly 17 years after massacre
Luxury fashion designers found shot dead in California as family reportedly reveals troubling lead-up
Text Messages Between Cornell Jane Doe and Alleged Attacker Turn Case on Its Head
Biden DOJ officials warned their school board investigation resembled ‘Anti-MAGA Task Force’
Muslim Flydubai Hijack Suspect Cited Quran, Repeatedly Called for Women to Be Abused, Slapped, Bashed in Head
Biden-era FBI tracked Trump family travel and Wiles’ calls with lawyers in secret probe: docs
Epstein survivor family claims GOP lawmaker’s staff ignored meeting request
El Sayed denies that Schumer PAC money will influence him in Washington
Supreme Court begins new term with high-profile look at clean air and federal authority
America’s new blue-collar job boom is one nobody saw coming — and it’s just getting started
Christa Pike’s Attorney Calls for Death Penalty to Be ‘Taken Off the Table’ After Botched Execution Attempt
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.
