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.
Inside Trump’s intimate meeting with nation’s bravest soldiers during whirlwind Texas trip
California woman chased, fatally shot by illegal immigrant DoorDash driver who stalked her for months: DHS
AOC, Mamdani interaction caught on cam at 9/11 memorial sparks online fury
Breaking: Newly Declassified 9/11 Documents Reveal the Repeated Warnings Received by Clinton and Bush
The ‘Jumper’ Victims of 9/11 Deserve to Have Their Stories Heard: And Yet They’ve Been Erased by the Media
Attacks of 9/11 sent Rep. Eli Crane into the military and shaped the way he views the Iran war
Texas man remembered by Fox News hosts after repeat offender arrested in savage park bench slaying
Reporter’s Notebook: Countdown is on as Senate races to pass crypto, college sports bills
Court documents show groups inspiring ‘satanist’ teenager’s alleged plans to attack Christians
AOC’s ‘modern-day lynchings’ claim torn to shreds online as Black hanging case findings tell a different story
Mamdani greets America’s Mayor Rudy Giuliani despite calls to skip 9/11 memorial
Flashback: How James Woods Encountered, Then Reported Multiple 9/11 Hijackers to the FBI
Trump Rejects Saudi Crown Prince’s Pleas for New U.S. Strikes in Middle East: Report
Trump admin’s fraud crackdown targets foreigners accused of infiltrating U.S. federal programs
Giuliani blasts Mamdani’s 9/11 toxic air blame as buried city records come to light
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.
Inside Trump’s intimate meeting with nation’s bravest soldiers during whirlwind Texas trip
California woman chased, fatally shot by illegal immigrant DoorDash driver who stalked her for months: DHS
AOC, Mamdani interaction caught on cam at 9/11 memorial sparks online fury
Breaking: Newly Declassified 9/11 Documents Reveal the Repeated Warnings Received by Clinton and Bush
The ‘Jumper’ Victims of 9/11 Deserve to Have Their Stories Heard: And Yet They’ve Been Erased by the Media
Attacks of 9/11 sent Rep. Eli Crane into the military and shaped the way he views the Iran war
Texas man remembered by Fox News hosts after repeat offender arrested in savage park bench slaying
Reporter’s Notebook: Countdown is on as Senate races to pass crypto, college sports bills
Court documents show groups inspiring ‘satanist’ teenager’s alleged plans to attack Christians
AOC’s ‘modern-day lynchings’ claim torn to shreds online as Black hanging case findings tell a different story
Mamdani greets America’s Mayor Rudy Giuliani despite calls to skip 9/11 memorial
Flashback: How James Woods Encountered, Then Reported Multiple 9/11 Hijackers to the FBI
Trump Rejects Saudi Crown Prince’s Pleas for New U.S. Strikes in Middle East: Report
Trump admin’s fraud crackdown targets foreigners accused of infiltrating U.S. federal programs
Giuliani blasts Mamdani’s 9/11 toxic air blame as buried city records come to light
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.
