In his opening statement to House impeachment investigators, former Hunter Biden business partner, Jason Galanis, said Joe Biden planned to join the board of his son’s firm which was being backed by a Chinese businessman and state-owned enterprises.
Galanis delivered his opening statement on Friday morning to congressional investigators from inside a federal prison in Alabama where he is serving a prison sentence for engaging in an illegal scheme to enrich Burnham Asset Management.
Read More
Americans are finding it increasingly difficult to purchase an affordable home as large investors increase their market share. The House Financial Services Committee held a hearing Tuesday to address private equity ownership of single-family rentals and the impact it’s having on average Americans.
“Today’s hearing will examine troubling issues regarding the mass predatory purchasing of single-family homes by private equity firms,” said Rep. Al Green, D-Texas.
Read More
Hunter Biden continues to hold a 10% equity stake in a Chinese private equity firm 24 days into his father’s presidency, business records show.
Hunter Biden holds his stake in BHR Partners through his company, Skaneateles LLC, according to business records from China’s National Credit Information Publicity System.
Read More