Biden Inc: White House struggles to rein in potential family business conflicts

The Biden administration only took over the White House last week, but it’s already had to grapple with a web of ethical dilemmas created by the complicated business dealings of President Biden and Vice President Kamala Harris’s families.

January 30, 2021

Biden’s campaign was dogged by allegations that his youngest son, lobbyist-investor Hunter, profited from the Biden name, specifically in China and Ukraine. His lucrative role with oligarch-linked Ukrainian energy company Burisma Holdings, for instance, was central to former President Donald Trump’s first impeachment.

And during the transition, it was revealed Hunter was under a federal tax investigationdating back to 2018 into his foreign associations and accusations of money laundering.

Now Biden Inc. is causing problems for the White House.

This week, President Biden’s middle brother Frank featured in an ad for his Florida law firm, the Berman Law Group, touting his ties to the administration.

The ad was quickly followed by reports that during the campaign, Biden warned his brother, who consults through the legal practice, to “watch yourself.”

“Don’t get sucked into something that would, first of all, hurt you,” the president said.

Frank Biden has pushed back on the claim he’s made money off of his brother.

White House press secretary Jen Psaki declined “to get into private conversations between the president and his family” during her briefing on Friday.

“It’s the White House’s policy that the president’s name should not be used in connection with any commercial activities to suggest, or in any way, they could reasonably be understood to imply his endorsement or support,” she told reporters.

This week’s reporting isn’t the first time Frank Biden has traded on his last name, and he’s not the only Biden brother to cash in.

Joe Biden’s youngest brother James, another lobbyist-entrepreneur, has created related issues, including through hedge fund Paradigm Global Advisors. He and Hunter took over the group in 2006.

“Don’t worry about investors,” James Biden reportedly told executives on their first day. “We’ve got people all around the world who want to invest in Joe Biden.”

James Biden has disputed the report, and Paradigm has since been wound down.

James Biden was also questioned as part of a recent criminal investigation into bankrupted Pennsylvania hospital network Americo….

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