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 Shows Iran What Real Power Looks Like: Responds to Attack By Annihilating 3 Oil Tankers
North Carolina Dem Senate candidate added former Bloods gang member to criminal justice task force: report
‘Insensitive Is Killing Three Children!’ DA Blasts Critics Who Called the Lindsay Clancy Prosecution ‘Insensitive’
Lindsay Clancy Fangirls Push Child Killer’s GoFundMe Total to Staggering $1.1M Following Mistrial
Taxpayers Footed the Bill for Nearly $500M in Food Stamps at California Fast Food Joints
Judge allows ‘homewrecker’ lawsuit against former Sen Kyrsten Sinema to move forward
Detransitioner takes malpractice fight to appeals court after North Carolina law change
Trump weighs in on Lindsay Clancy murder trial dubbed ‘kangaroo court’ by GOP leaders
Here Comes the Bride – In Water Nearly Up to Her Waist
Arizona voter-law fight reaches SCOTUS as election groups warn ‘absurd’ consequence could ensue
Dunkin’ Opened a Drive-Thru Lane Just for Dogs — And It Was Pure Joy
Well-connected Dem operative learns fate after FBI busts him in child sex abuse sting
California McDonald’s Shootout Turns Deadly as Police Arrive: Turns Out the Perpetrator Was an Employee
How Stepdad Firefighter Learned of 911 Call in Most Painful Way Possible
Ex-Fetterman staffers promise more damaging details after blistering report: ‘Tip of the iceberg’
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 Shows Iran What Real Power Looks Like: Responds to Attack By Annihilating 3 Oil Tankers
North Carolina Dem Senate candidate added former Bloods gang member to criminal justice task force: report
‘Insensitive Is Killing Three Children!’ DA Blasts Critics Who Called the Lindsay Clancy Prosecution ‘Insensitive’
Lindsay Clancy Fangirls Push Child Killer’s GoFundMe Total to Staggering $1.1M Following Mistrial
Taxpayers Footed the Bill for Nearly $500M in Food Stamps at California Fast Food Joints
Judge allows ‘homewrecker’ lawsuit against former Sen Kyrsten Sinema to move forward
Detransitioner takes malpractice fight to appeals court after North Carolina law change
Trump weighs in on Lindsay Clancy murder trial dubbed ‘kangaroo court’ by GOP leaders
Here Comes the Bride – In Water Nearly Up to Her Waist
Arizona voter-law fight reaches SCOTUS as election groups warn ‘absurd’ consequence could ensue
Dunkin’ Opened a Drive-Thru Lane Just for Dogs — And It Was Pure Joy
Well-connected Dem operative learns fate after FBI busts him in child sex abuse sting
California McDonald’s Shootout Turns Deadly as Police Arrive: Turns Out the Perpetrator Was an Employee
How Stepdad Firefighter Learned of 911 Call in Most Painful Way Possible
Ex-Fetterman staffers promise more damaging details after blistering report: ‘Tip of the iceberg’
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.
