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.
Judge to allow sex offender to question witnesses in Virginia locker room case
California Rep. Darrell Issa to retire, endorses Jim Desmond to succeed him
Trump says US ‘doing very well’ in Iran nearly 1 week into joint action against Tehran
Biden says ‘I’m a h— of a lot smarter than most of you’ to crowd at Jesse Jackson’s funeral
NYC Reportedly Put Aside $400M for Dozens of ‘Ghost’ Schools that Never Opened
Emergency landing ends in tragedy as plane crashes on New Mexico golf course
US military carries out targeted strike on alleged narco-terrorist network in Ecuador
Trump Confirms He Will Withhold Endorsing Cornyn Until SAVE Act is On His Desk – He Also Makes Another Demand
Man accused of Iran-backed Trump assassination plot compared his plan to Butler shooting: FBI
ICE Arrests Illegal Alien in Idaho for Allegedly Trafficking Children Into State as Laborers
Spanberger lashes out at Pentagon after Hegseth pulls colleges’ support over woke ‘ideologies’
Illegal Alien Charged With Fraudulently Voting in Crucial Swing State During 2024 Election
Florida Bar denies investigation into ex-US Attorney Lindsey Halligan
After the strikes, how would the US secure Iran’s enriched uranium?
Four Alleged MS-13 Members Charged with Brutally Murdering a 14-Year-Old Boy
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.
Judge to allow sex offender to question witnesses in Virginia locker room case
California Rep. Darrell Issa to retire, endorses Jim Desmond to succeed him
Trump says US ‘doing very well’ in Iran nearly 1 week into joint action against Tehran
Biden says ‘I’m a h— of a lot smarter than most of you’ to crowd at Jesse Jackson’s funeral
NYC Reportedly Put Aside $400M for Dozens of ‘Ghost’ Schools that Never Opened
Emergency landing ends in tragedy as plane crashes on New Mexico golf course
US military carries out targeted strike on alleged narco-terrorist network in Ecuador
Trump Confirms He Will Withhold Endorsing Cornyn Until SAVE Act is On His Desk – He Also Makes Another Demand
Man accused of Iran-backed Trump assassination plot compared his plan to Butler shooting: FBI
ICE Arrests Illegal Alien in Idaho for Allegedly Trafficking Children Into State as Laborers
Spanberger lashes out at Pentagon after Hegseth pulls colleges’ support over woke ‘ideologies’
Illegal Alien Charged With Fraudulently Voting in Crucial Swing State During 2024 Election
Florida Bar denies investigation into ex-US Attorney Lindsey Halligan
After the strikes, how would the US secure Iran’s enriched uranium?
Four Alleged MS-13 Members Charged with Brutally Murdering a 14-Year-Old Boy
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.
