by

White House mum on whether Hunter Biden holding stake in Chinese private equity firm

White House press secretary Jen Psaki declined to say Monday whether first son Hunter Biden has sold his remaining stake in a Chinese private equity firm with ties to the Communist government in Beijing — two years after President Biden vowed that his family would divest itself of all overseas business interests.

In April, the Daily Caller reported that Skaneateles LLC — Hunter’s company — still owned 10 percent of BHR Partners, which is controlled by the state-run Bank of China.

On Monday, Newsmax correspondent Emerald Robinson asked Psaki for an update on the matter, to which the press secretary responded: “I’d point you to his representatives on that. He [Hunter] doesn’t work in the administration.”

Read Full Story

Comment

Leave a Reply

Your email address will not be published.