White House Confirms That Hunter Biden Will Divest From Chinese Private Equity Firm

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Hunter Biden is in the process of divesting his ownership stake in the Chinese private equity firm BHR Partners, White House Press Secretary Jen Psaki confirmed Friday.

The confirmation follows a report from the Daily Caller News Foundation in January that Hunter Biden continues to hold a 10% stake in the firm despite multiple promises from President Joe Biden during his campaign that no one in his family would engage in foreign business if he won the election.


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