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.
Dolly Parton Was Packing Heat, Recounted Fending Off Harasser with Gun in Resurfaced Clip
Meet the Literally Godless ‘Pro-Extinctionists’ Who Want to Exterminate Human Life Everywhere
Spanberger AG draws fire over two-front fight against Trump enforcement agenda
Gender equity, DEI, climate action: How the Smithsonian’s woke push ‘infiltrated’ America’s most beloved Zoo
Man accused of using fake Chief Justice Roberts signature to get own criminal case dismissed
Lindsay Clancy didn’t show ‘break with reality’ as jury weighs psychosis defense: Susan Smith prosecutor
El Sayed has ‘no plans’ to campaign with Hasan Piker after antisemitism concerns
Armed man arrested at Trump golf course allegedly had first lady’s schedule, notes on Secret Service: reports
ATF investigates ‘major’ cybersecurity incident as ransomware group claims attack
Hawley rips Flock’s sprawling surveillance web as Texas cities cut cameras over privacy and data fears
HEAR IT: 911 call captures horrifying first moments of deadly shooting at Seattle’s Bite of Seattle festival
Justice Thomas recalls why he wasn’t friends with Alito in law school: ‘Clarence, you were scary’
Trump’s lawyers put Dem AG on notice for targeting his family in NY fraud fight: ‘Cannot stand’
Evacuation Ordered After Canadian-Owned Gas Pipeline Springs Major Leak in US
Hegseth upgrades Abbey Gate Marines’ valor awards after 5-year delay: ‘Those days are over’
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.
Dolly Parton Was Packing Heat, Recounted Fending Off Harasser with Gun in Resurfaced Clip
Meet the Literally Godless ‘Pro-Extinctionists’ Who Want to Exterminate Human Life Everywhere
Spanberger AG draws fire over two-front fight against Trump enforcement agenda
Gender equity, DEI, climate action: How the Smithsonian’s woke push ‘infiltrated’ America’s most beloved Zoo
Man accused of using fake Chief Justice Roberts signature to get own criminal case dismissed
Lindsay Clancy didn’t show ‘break with reality’ as jury weighs psychosis defense: Susan Smith prosecutor
El Sayed has ‘no plans’ to campaign with Hasan Piker after antisemitism concerns
Armed man arrested at Trump golf course allegedly had first lady’s schedule, notes on Secret Service: reports
ATF investigates ‘major’ cybersecurity incident as ransomware group claims attack
Hawley rips Flock’s sprawling surveillance web as Texas cities cut cameras over privacy and data fears
HEAR IT: 911 call captures horrifying first moments of deadly shooting at Seattle’s Bite of Seattle festival
Justice Thomas recalls why he wasn’t friends with Alito in law school: ‘Clarence, you were scary’
Trump’s lawyers put Dem AG on notice for targeting his family in NY fraud fight: ‘Cannot stand’
Evacuation Ordered After Canadian-Owned Gas Pipeline Springs Major Leak in US
Hegseth upgrades Abbey Gate Marines’ valor awards after 5-year delay: ‘Those days are over’
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.
