• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Biden’s inner circle deeply involved with family’s business dealings: report
Economy

Biden’s inner circle deeply involved with family’s business dealings: report

by June 9, 2024
by June 9, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

President Biden has long attempted to distance himself from his family’s business dealings as he ran for and eventually became president, but a new report details just how involved those in the president’s inner circle have been in Biden family ventures.

Biden has shared a personal bookkeeper with this son, Hunter Biden, a personal lawyer with this brother, Jim Biden, and the former head of then-Vice President Biden’s Secret Service detail helped Jim Biden investigate a potential Chinese business partner, according to a report from Politico.

While the Bidens have long said they observe strict ‘firewalls’ when it comes to discussing business with each other, the Politico report details just how involved those in the president’s orbit have been in dealings with Hunter and Jim Biden.

In one case, the president’s brother, Jim Biden, hired the head of the former vice president’s Secret Service detail, Dale Pupillo, to investigate a Chinese executive the president’s son, Hunter Biden, was traveling to meet in 2017.

The president’s brother stressed during the February impeachment inquiry that he personally commissioned the investigation into the executive so that he was not going into the situation blind, but insisted he did not know the details of the potential venture being led by his nephew.

‘I wanted to know who I was meeting with and if there were any complications at all,’ he said at the impeachment interview, noting that it was common in the Biden family to keep the details of business dealings away from each other.

The executive, Patrick Ho, was later arrested and convicted on federal corruption charges.

The Politico report notes that Jim Biden had a long habit of tapping those connected to his powerful older brother. In one case, in 1975, during Joe Biden’s first Senate term, Jim Biden secured a loan from the senator’s old law firm, Walsh, Monzack & Owens, to help fund his nightclub business.

One of those partners, Mel Monzack, has gone on to serve as the president’s personal attorney and campaign treasurer. Monzack’s current firm has also served as the registered agent for the president’s personal S Corporation, CelticCapri, which handles income from activities such as writing and speaking fees.

Monzack has also served as Jim Biden’s personal attorney, helping to negotiate a proposed deal that would have given the president’s brother’s company a 35% stake in the Americore hospital chain.

While the deal fell through, Monzack’s involvement raised questions, though Jim Biden has insisted he does not have knowledge of the attorney’s arrangement with President Biden.

‘I don’t have the full depth of what he does or doesn’t do,’ he said in February. ‘But I know that he’s intricately involved and has been, you know, for the last 40 or 50 years.’

Another close associate of President Biden, body man Fran Person, stayed involved with Hunter Biden after leaving government in 2014. Emails showed that Person, who the Bidens have said became like a son to them over the course of Joe Biden’s service in the Senate and as vice president, pitched Hunter Biden on a plan to develop SeaWorld parks in China in a deal between Person’s business and the state-owned Chinese Development Bank in 2015.

WhatsApp messages that were revealed as part of an IRS investigation into Hunter Biden’s tax matters also showed conversations between Person and Hunter Biden, including conversations in which Person told Hunter Biden his Chinese business partner, Bo Zhang, was eager to help the president’s son overcome his growing financial troubles.

The Politico report also detailed the role another Hunter Biden business partner, personal bookkeeper Eric Schwerin, played in the family, with President Biden leaning on the bookkeeper to handle his own finances.

Nevertheless, Schwerin testified during the impeachment inquiry that there was no intermingling between the president and his son’s finances.

The connection between the president’s orbit and his family even extended to President Biden’s personal physician, Army doctor Kevin O’Connor. O’Connor served as then-Vice President Biden’s personal physician and grew close to Biden throughout his time in the Biden administration. The doctor now serves as Biden’s White House physician, the report notes.

In between those two roles, the president’s brother, Jim Biden, sought O’Connor’s help as part of his proposed Americore deal. According to the report, the president’s brother wanted to partner with the Veterans Affairs Department ‘to use vacant space at rural hospitals to treat veterans with post-traumatic stress disorder.’

The White House did not immediately respond to a Fox News Digital request for comment.

This post appeared first on FOX NEWS
You Might Also Like
  • Howard University’s criteria for Biden’s honorary degree draws mockery as mental fitness questioned
  • Ex-intel officials double down on signing ‘patriotic’ letter against Hunter Biden laptop: ‘Woefully ignorant’
  • Lawmakers see hope in bipartisan border-Ukraine talks after White House meeting
  • Oregon eyes mandate for climate change lessons in schools
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Thousands of anti-Israel protesters gathered outside White House as Israel conducted hostage rescue mission
next post
Israeli war cabinet minister Benny Gantz quits Netanyahu’s emergency government

You may also like

Georgia senators advance bill allowing truck weight changes on highways

March 23, 2023

Jimmy Carter, a ‘model of kindness’: Reaction pours in for...

February 19, 2023

CBO director informs House Republicans that the US debt situation...

March 2, 2023

Families plead alongside bipartisan group of senators more action to...

January 18, 2024

Poll shows Biden’s lead over Trump shrinking in 2024 matchup...

February 22, 2024

Former defense secretary predicts Iran will strike at Israel

April 6, 2024

Trump ‘really not thinking about’ Haley after South Carolina victory,...

February 25, 2024

Reporter’s Notebook: NATO goes back to the Cold War to...

January 26, 2024

Chip Roy defends vote to kill censure against Rashida Tlaib...

November 3, 2023

Utah governor says Taylor Greene’s ‘national divorce’ proposal is ‘evil’

February 21, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    With 9 weeks to go until...

    November 14, 2023

    Fetterman wears casual shorts to Senate...

    September 22, 2023

    Legislative standstill may lead to tuition...

    July 12, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here