Joe Biden’s son, 49-year-old Hunter Biden, will be leaving his position at a Chinese-backed private equity fund by the end of the month. The announcement was made in a statement released by his lawyers on Sunday.
Hunter pledged that he will not work for foreign-owned companies if his father is elected in 2020. He said he wants to avoid any potential conflicts of interest.
President Trump continues to call for transparency from Hunter and Joe Biden regarding their business dealings with companies in China and Ukraine.
“But (I) also insist on transparency from Joe Biden and his son Hunter on the millions of dollars that have been quickly…taken out of Ukraine and China,” the president said recently. “Millions and millions of dollars (were) taken out very rapidly while he was vice president.”
During an interview last week, President Trump’s China advisor Michael Pillsbury said he attempted to discuss the Bidens with Chinese officials while visiting Beijing.
“I’ve never seen them get so secretive in my entire life,” said Pillsbury. “The Chinese know they don’t want any American probe into what happened with Hunter Biden.”
Hunter has adamantly denied all allegations of corruption and said he has never discussed foreign business activities with his father. Hunter said he believes he was acting appropriately and in good faith whenever he engaged in business pursuits.
“Hunter always understood that his father would be guided…by established U.S. policy, regardless of its effects on Hunter’s professional interests,” read the statement. “He never anticipated the barrage of false charges against both him and his father by the President of the United States.”
Allegations of shady business practices have plagued the former vice president and his son for weeks now. Following a whistleblower complaint over President Trump’s alleged influence in Ukraine, the president said he was looking into potential corruption surrounding the Bidens.
China’s foreign ministry has said it has “no intention of intervening in the domestic affairs of the United States,” but the president and conservative lawmakers are pushing for an investigation.
President Trump continues to use Twitter to call attention to the Bidens.