Keeping It In The Family

Just the News posted an article today about the person Joe Biden has chosen to advise his campaign on its coronavirus response. Considering the behavior of the Biden family in the past, this choice should not be a surprise.

The article reports:

Democratic presidential nominee Joe Biden’s son-in-law is advising the Biden campaign on its coronavirus response while his venture capital firm is looking to invest in health-care startups working on the pandemic. 

The Biden relative, Dr. Howard Krein, is part of the investment firm StartUp Health, which in March, when the virus began its rapid spread in the U.S., began an initiative soliciting pitches from entrepreneurs with products that addressed the outbreak, according to Politico

The next month, Krein reportedly participated in daily calls to brief Biden on health policy during the pandemic, while StartUp Health announced its intention to invest $1 million across 10 startups with coronavirus applications within 30 days.

“StartUp Health is putting the full support of its platform and network behind building a post-Covid world that uses technology and entrepreneurial ingenuity to improve health outcomes,” the firm said in an April 15 announcement. “Our goal in the next 30 days is to add 10 more companies to the [initiative]by investing $1M in seed capital and support through our global platform and community.

Krein advising the campaign and trying to invest in a coronavirus response could pose conflict-of-interest concerns if Biden is elected.

During this pandemic, the government has spent a lot of money on medical research and related items. To have a person with a financial interest in these companies as an advisor in this area would seem to be an obvious conflict of interest. However, if you look at the finances and employment of the Biden family members during Joe Biden’s time in office, this fits a pattern.