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.”
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