Unfortunately This Shouldn’t Surprise Anyone

On Friday, One America News reported that Hunter Biden still has a 10% stake in a Chinese private equity firm despite the fact that President Biden promising that would not be the case.

The article reports:

Hunter Biden is reportedly still profiting off of his father’s name. In a tweet Friday, Sen. Ron Johnson (R-Wis.) said, “looks like Biden Inc. is still in business.”

…”The President’s son reportedly still has a 10 percent stake in a Chinese private equity firm,” Johnson added. “Despite Biden promising this wouldn’t happen.”

…Johnson was responding to reports that showed Chinese business records still had Hunter on the books through his private LLC. However, financial reports in December suggested Hunter was unloading his stake in those businesses.

During the 2020 campaign, President Biden repeatedly promised that no one in his family would continue to make foreign business deals if he was elected to office. I suppose that technically this is not a violation of that promise since the deal was made long before he was elected. It will be interesting to see if Hunter Biden divests himself from the Chinese company.