First son Hunter Biden likely still owns a minority stake in a Chinese private equity firm with ties to the Communist government in Beijing, Rep. James Comer said Tuesday, after White House press secretary Jen Psaki declined to say whether he had sold it.
“The fact that Jen Psaki couldn’t say ‘Yes, Hunter Biden divested his stake in that Chinese holding’ tells me that he probably still owns it,” the Kentucky Republican told “Fox & Friends First” before adding that “the law applies to everyone but Hunter Biden, in Hunter Biden’s mind.
“And between the ownership of this Chinese company and his art dealings that we believe are going to China, the fact that the administration won’t disclose this, they won’t say, ‘We’ve got a problem with our son,’ it’s just another example of failed leadership.”
In April, the Daily Caller reported that Hunter Biden’s company, Skaneateles LLC, owned 10 percent of BHR Partners, which is controlled by the state-run Bank of China and handles mergers, acquisitions, and investments involving Chinese government-run businesses.
When Psaki was asked for an update Monday on whether Hunter had sold his stake, she initially answered: “I’d point you to his representatives on that. He [Hunter] doesn’t work in the administration.”
When Newsmax correspondent Emerald Robinson attempted to follow up, Psaki reiterated her earlier answer before telling the reporter: “There’s no reason to yell. I’m certainly not yelling. You should talk to his representatives. That remains his policy. He’s been working to wind that down. Beyond that, I would talk to his representatives.”
“If this had been the Trump family, I can’t imagine what the Democrats in Congress and the liberal media would be doing right now,” Comer said Tuesday morning. “Hunter Biden has already committed more unethical behavior with foreign nationals than any family member in the history of the presidency and we’ve got to do something about this.”
BHR Partners was founded in 2013 — with Hunter’s firm, Rosemont Seneca Partners, initially sharing a 30 percent stake with the Thornton Group run by James Bulger, the son of longtime Massachusetts state Senate