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.
Why Does the Media Care That Has-Beens Are Withdrawing From ‘Freedom 250’ DC Event?
Watch: Mysterious Strangers Pile Out of Sewer Manhole, Prompts Police Investigation
Anti-ICE agitator charged with allegedly biting officers during Delaney Hall clashes
Buyer’s Remorse: The Democratic Party’s Radical Lurch and the Reckoning It Invited In
Six Tax Tips You Should Start Thinking About Now
Mackenzie Shirilla’s texts surface as ‘hell on wheels’ driver’s appeal collides with Netflix’s ‘The Crash’
Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
How a Rhodes Scholar with ties to Cuba’s president organized the convoy that brought Hasan Piker to Havana
The celeb endorsements boosting Spencer Pratt’s chances of becoming the next LA mayor
Investigators to comb Brian and Lynette Hooker’s sailboat and new search zone in Bahamas disappearance
Sally Field, you deserve better than this
Trump declared ‘fully fit’ for all presidential duties after annual physical shows ‘excellent health’
Donna Brazile brushes off Biden’s stroke fears, says Democrats must ‘focus on the future’
‘Spokane 3’ protesters convicted on federal conspiracy charges for blocking ICE transfer in Washington
Eight riders left dangling atop 100-foot roller coaster for over three hours at Texas amusement park
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.
Why Does the Media Care That Has-Beens Are Withdrawing From ‘Freedom 250’ DC Event?
Watch: Mysterious Strangers Pile Out of Sewer Manhole, Prompts Police Investigation
Anti-ICE agitator charged with allegedly biting officers during Delaney Hall clashes
Buyer’s Remorse: The Democratic Party’s Radical Lurch and the Reckoning It Invited In
Six Tax Tips You Should Start Thinking About Now
Mackenzie Shirilla’s texts surface as ‘hell on wheels’ driver’s appeal collides with Netflix’s ‘The Crash’
Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
How a Rhodes Scholar with ties to Cuba’s president organized the convoy that brought Hasan Piker to Havana
The celeb endorsements boosting Spencer Pratt’s chances of becoming the next LA mayor
Investigators to comb Brian and Lynette Hooker’s sailboat and new search zone in Bahamas disappearance
Sally Field, you deserve better than this
Trump declared ‘fully fit’ for all presidential duties after annual physical shows ‘excellent health’
Donna Brazile brushes off Biden’s stroke fears, says Democrats must ‘focus on the future’
‘Spokane 3’ protesters convicted on federal conspiracy charges for blocking ICE transfer in Washington
Eight riders left dangling atop 100-foot roller coaster for over three hours at Texas amusement park
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.
