Hunter Biden to step down from Chinese-backed firm, will forgo foreign business if dad is elected

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

NEW: Facing ongoing, unfounded conspiracy theory attacks from President Trump and others, Hunter Biden will step down from Chinese-backed firm, and forgo foreign business if his father is elected president, lawyer says.

The elder Biden only this week formally joined most in his party in saying the president’s actions rose to the level of impeachable offenses. But his campaign has worked aggressively to push back on the unsubstantiated claims that Biden had taken steps to protect his son from an investigation involving a Ukrainian energy company whose board he served on.

Biden said he purposely does not talk to family members about their business dealings because he never wanted to get blamed for improper behavior, and said that his son"did nothing wrong.""But look, we’re family. We’ve been through a lot worse." Hunter's Ukrainian and Chinese business dealings have come under fire from the president and his allies, leading Trump to privately and publicly call for Ukraine and China to probe one of his top political rivals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“...unfounded conspiracy theory...?” Did ever use this qualifier in a story during your 3 year promotion and support of the Russia hoax vs POTUS ? Yeah, didn’t think so.

If it's unfounded and a conspiracy theory, why would anyone step down from a lucrative-paying board position? Maybe because it's not 'unfounded' and not a 'conspiracy theory' If this propaganda headline doesn't wake some people, I don't know what will.

The entire Biden family are as corrupt as they come. JoeBiden and his brother James are already selling the Oval office. QuidProJoe

Pure, hot garbage.

NBC “News” has no shame.

Lol...really unfounded and conspiracy theory..NBC and CNN the king of unfounded and conspiracy theories against Republicans and President Trump.

Biden is guilty as hell!

sick joke of a news organization

The trump kids are given jobs representing America that they are unqualified for. Can’t even pass security clearance. They’re also making money in many foreign countries while we pay security for them to profit. Russia deals while campaigning for POTUS. Hypocrisy. Smfh

Hunter would just join the administration , if creepy uncle joe is elected. Hunter would fill his pockets with gold as an administration member . Possible cabinet make more money there hunter , talk to joe. Ink the plans for the Biden’s to get rich

Lil Biden or should I say Binladen. So small. Tiny Man can’t even handle pressure.

It is always a bad idea for a politicians family to get mixed up with foreign Governments....The appearance is horrible.

Sure give the druggie who was kicked out of the military and moved in on his dead brother's wife the benefit of the doubt, you have no journalistic integrity whatsoever

IF...

If the attacks are unfounded, why step down?

It’s actually a considerate thing to do, unlike what we have with the spawns of the current White House Occupier

If you believe that, I have some wonderful property in Montana that’s on the ocean.

No journalistic curiosity about why a guy with no discernable business experience - who was kicked out of the Navy for cocaine - was working for a Chinese firm?

Thats funny we have stolen millions and sold out 🇺🇸 but we promise not to do it again if elected wink wink

If he’s got nothing to hide then why is he stepping down? Full blown investigation is underway

NBC a Biden Campaign affiliate?

Just shows they knew they were deceiving and robing America.

It's time to free our nation from the rich people's corrupt and rigged two party system of oppression.

They are not unfounded claims… They are facts

NBC has never investigated Hunter Biden.

How can even NBC say it is unfounded when the accusation is that the Bidens give every appearance of political nepotism? Whether it is true that Joe got everything Hunter has because of his position is not likely to be known. Still need to know a lot more about Ukraine.

Unfounded 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

DemocratsAreDestroyingAmerica MSM is supporting their propaganda FightbackAmerica VoteThemOut Trump2020LandslideVictory

He should do it now

Investigate! Everyone can see something isn’t right here!

So it’s true? Because you’ve never really reported on it in the first place

The Trump children should follow his example.

Imagine how bad it’d be if it was one of Trump’s kids.

Why is it never unfounded conspiracy when it comes to trump?

Why is something from republicans reported by NBC conspiracy but Demots is truth and fact?

Too little too late.

He has no training to be there in the first place!!! In the second place his father was VP of the USA and he used that for personal gain in this foreign country scandal! And you all defend him! How repugnant!

Ivanka, Don Jnr, Eric? Thought not. Hard for sone to put that greenback down isn’t it...

THATS REASONABLE

That won’t be happening lol

So once Biden becomes President? I think Hunter doesn’t have to worry about that.

It’s nice of NBC to give little Hunter cover for his activities. If only they would have done same for innocent children like Sandmann and rest of Covington Catholic HS kids....but some of the children were wearing red hats which triggers NBC. Politically HYPOCRITICAL & BIAS?

80k a month with zero experience in ukraine and 1.5 billion takeaway after one meeting in china....seriously!! Pay to play!

Hunter's first job after law school was Joe Biden's biggest donor, the credit card company Joe sold out the American people for. After Joe delivered for the credit card company, Hunter became a lobbyist for the same company.

“Unfounded conspiracy theory” wow.....

Over 166k a month. For influence. Sure. No problem there....

Fishy

It’s so good of nbc to inform us that Hunter is going to stop doing the unfounded conspiracy theories that he was accused of doing.

“Unfounded”...🤔 How do we explain this photo of Hunter, Joe and too Ukrainian Oil Executives?

“If” elected.....

Why is every news source reporting on Hunter Biden, whose dad's not in office, serving on a Chinese company’s board? But nothing about foreign deals of Eric, Donny Jr. and Ivanka - while daddy refuses to release his tax returns & reveal sources of income

I did nothing wrong and I won’t do it again.

Hahaha “unfounded conspiracy” ... worded as Trump predicted.

Must not be too unfounded if he’s stepping down. 😂 Good old NBC letting their bias shine through with their headline.

he should. It doesn’t matter if what he does is legal... it looks bad

What about the money? He should redistribute his wealth

$1,500,000,000 in unfounded conspiracy theories. And he’s so not-corrupt he’s stepping down from the board so he doesn’t do it again.

What About the Trump Ties to Businesses?!?! Why are Reporters not consistently responding to the allegations against Biden by investigating & announcing the list ofTrump Family Business Ties, Nepotism, & Cronyism? This should be the response each & every time Admin. Spews Smut!

Facts are the new media 'conspiracy theory' so Hunter Biden resigned. The media is corrupt clown show.

If his father gets elected President. Quid Pro Quo again

So why dont you all investigate Trumps scummy psychopath children, since he is currently the President, and leave Hunter alone? It's bullshit.

Oh NBCNightlyNews , you know darn well that this looks very shady. “Unfounded conspiracy theories”? Yeah, right.🙄

Sorry Hunter. You will be fine.

Fake news. Have u looked into hunter and China ? No. U have not.

Unfounded...lol

Unfounded. Wait, this isn't a parody site?

Dont worry he wont

My god nbcnews is in full corrupt coverup for Biden

Lol. He has ALREADY MADE HIS FORTUNE and peddled influence. Biden is a crook.

Its not a conspiracy theory and trying to play it off as such is one of many reasons thew fake media is no longer trustworthy.

Why? The Trump crime family does whatever it wants & never stops because they have no shame.

Bullshit. If Joe is president I guarantee Hunter will be still doing business in China under a different name, can't trust dems

Well his father will never be president so hos job screwing people is safe.

If is a big word

Sell out

😡 Don't let Trump disrupt your work.

In the meantime trump and his kids keep making deals with forign governments at the expense of American people .

Joe Biden is a miracle worker. He can take someone who’s been kicked out of the Navy for doing cocaine - and turn them into a multimillionaire Ukraine gas executive, overnight. This is totally legitimate and normal. (Farting sound) “catturd”

they're about as unfounded as all the sexual misconduct in the NBC offices.

If he isn’t doing anything wrong why would he step down?

Dumpster fire NBC 🤣🤣🤣

No bias here..🤷🏽‍♂️

*unfounded* - clearly you haven’t discovered the art of unbiased reporting.

You at NBC probably never bothered to investigate the Manchurian Candidate Biden and this deal....

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Why is it when controversy come up on the left it is 'conspiracy theories', but when it is on the right it's reported as fact? Explain Without bias

Where is Trump tax return

NOONE STEP DOWN ON UNFOUNDED ACCUSATIONS.

Media Dictionary: Conspiracy Theory = Anything that is negative towards Democrats

Unfounded? Couldja be more biased? Ok, I'll hold your beer.

He should step down now!

Wasn't unfounded nice try though!

JoeBiden Wait, Joey said Junior wasn’t involved in foreign business of this nature, you lie Joey

So Hunter Biden, a fantastically unqualified rich kid, got called out by Trump, another fantastically unqualified rich kid. What a world!

Unfounded? Wow.

running cover for Biden - AHAHAHAHA!!! realDonaldTrump has exposed you for the garbage you are! FakeNews

Sadly, they played into Trump's hand. Not a smart move. It might only work if they can switch the attention to Trump's children and their foreign entanglements! But that is not going to happen!!!

Corrupt as Hell

AG Barr about to tell him where to step next!!

NBC lies when they report “unfounded “. That is why NBC has become untrusted.

Lol. 'unfounded' You so funny NBC.

Unfounded? Hey FAKE NEWS NBC. The charade is over. The whole country knows you people over there can't tell the truth. I bet your marching orders are to protect the Bidens at all cost. You can't fool us anymore. You people will forver be known as, FAKE NEWS.

Wait till you investigate who was behind this .... Oh Wait!!

Talking points verbatim from the DNC Who actually believes these fools? “Unfounded” 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Unfounded? Oh please

Ongoing, Unfounded .... Like the Mueller Investigation into Trump Barr

Hahahahaahaaaa!.... yeah, that's why😉

“Unfounded, conspiracy theory” What bias?

Typical FakeNews still carrying water for the Biden’s and the DNC!

If unfounded, why is he stepping down?

It is amazing that most corrupt family can berate a family with a history of integrity to leave from a business just because his dad was VP while the Trump children can hold positions in government and still make money with foreign countries. HYPOCRISY!!!

“Unfounded”

NBC News = 🤡🌎

“Unfounded conspiracy theory attacks from President Trump and others...”UNFOUNDED!! You have to be MORONIC! Tell the world NBC, what qualifications does Hunter Biden have to manage anything—let alone $1.5 BILLION from China.i task you NBC, name it!

Unfounded my a$$

Wow NBC ..unfounded conspiracy theories. If any of the Trump kids were doing what Hunter did..the liberals would be at there houses pounding on there doors.But Democrats keep trying to impeach a President behind close doors you will pay.

You people are crazy... $50,000 a month is hardly “unfounded” or a “conspiracy” TDS at NBC

Fake

Have you, NBC, even bothered to investigate Hunter Biden?

Now i'm mad and i'm taking my billions and going home😛

Why would he step down if he's innocent ? There is no need to change what he's doing if there’s nothing wrong with it.

Hum I don't ever recall you saying the claims against realDonaldTrump was unfounded!!! Your bias is startling and you should never be considered a reliable news source again!!!

Innocent men don’t step down. More fake news and lies from nbc!

Sounds like s criminal threat to me。

Why would VP's SON work for a COMMUNIST GOVERNMENT? They are calling it a 'private entity,' but it's STATE OWNED. Why would a COMMUNIST GOVERNMENT give Joe Biden's son millions of dollars and then place him on a COMMUNIST BOARD? THE DEM PARTY IS IN CAHOOTS WITH COMMUNISIM.

Now, will the Trump family members withdraw from the White House and stop using their connections with the government to aid their personal business interests ? I doubt it !

Awwww....look at all the Trump puppets pointing fingers at, Hunter Biden. Trump and his whole rotten family are THE BIGGEST CRIMINALS IN AMERICA! Bahahahaha! ImpeachTrump ImprisonTheTraitorTrumps LiarAndChief WhereAreTheirTaxes

See how that works? When people say you are doing something wrong, instead of crying like a little bitch, you do something about it. Because when the future of our country is at stake we sometimes have to check our priorities.

Unfounded? If you vote for biden, you are complicit to corruption. It’s SO obvious.

I don't get it MeetThePress chucktodd care to explain why an innocent man who has done nothing wrong have to STEP DOWN. If he has done nothing wrong and a conspiracy theory WHY WOULD HE DO IT. Because YOU Hacks would never get the TRUTH for the PUBLIC. What a joke..

If he's innocent & has done/is doing nothing wrong, WHY would he step down?

🤣😂🤣😂🤣😂🤣😂🤣!

FAKE NEWS! Everything said about Biden and he son is well founded, proven true, and 100% indisputable. Yet the democrat communist media continues to lie to your face knowing they are lying.

I miss journalism.

Conspiracy theories? 😂 you people are unreal

Wonder if the Trump kids will be doing the same🤔

LMAO “unfounded”.

How does NBC News know that conspiracy theory attacks about Hunter Biden are UNFOUNDED? The news media keeps defending HB and they have never even conducted an investigation.

JKHomestead You literally provide excuses for Democrats. How about practicing journalism?

If it’s conspiracy theory, why step down?

Joe Biden isn’t even president and his son Hunter Biden steps down. Can’t say the same with the Trumps who increased their foreign businesses when Trump became president.

So...if he is stepping down now....because it’s inappropriate ....than why didn’t he do it earlier .....or why did he work there at all.

Why is making a judgment on whether there is wrongdoing by Hunter Biden? Do they have proof? Have they themselves investigated? Has anyone investigated? I haven't heard one good reason why an unqualified VP's son deserved to get huge payments from foreign entities.

Journalism 2019... 'Unfounded conspiracies' = Lazy reporting with profound lack of curiosity

That wasn't neseccery but it's refreshing to know Biden won't turn the WH into a money-making machine

Step down and still getting pay is not Stepping down.

Doesn’t sound like the actions of an innocent man to me

It’s actually founded. Biden said it.

NBC News... 'Conspiracy Theory Attacks' Why would ANYBODY have appointed this cokehead to their boards? He knows he'll never have to step down. Joe has dementia, and extorted Ukraine to fire the prosecutor ON CAMERA. He's finished anyhow. 'Conspiracy Theory'... right.

If it’s unfounded, why did Joe Biden confess to it in public?

Regalk Tyuri Mcormick Sarah Saad

Innocent people wouldn’t have resigned

Your turn Trump crime family.

He still looks so professional and a man with integrity unlike Trumps sons and damn he is wearing that suit well !!

Why he done nothing wrong!

That nasty “unfounded” conspiracy forced a resignation and a promise to never sin again! Is NBC really this bad? How the mighty have fallen.

Enemy of the people.

Something the Trump should’ve done 4 years ago

Unfounded conspiracy theories ? Why step down then ? Lap dogs for the Dems will never stop with their fake news BS. EnemyOfThePeople

Chantajista el traidor a su país.

Huron David Enos

Crickets from Trumpmericans! 😂😂

How come your not tweeting about the massive MeToo coverup thats going on at NBC?

Really?

Yuri Templeton Janet David Enos

Poor baby!!

Will Hunter release his tax returns? How much money is he being paid by the Chinese?

Are These Conspiracy Theories About JoeBiden And HunterBiden?

The Bully wins! BeBestBully

Guilty sandwiches please

Trump family is getting rich off the USA and Republicans are helping him cover up hold lots of bad things and if everybody got eyes can see something in the milk ain't clean wake up America peoples they cover up him from showing his taxes and everybody got any sense can see

Why step down if they are conspiracy theories?

Interesting

IT's a COMMUNIST COUNTRY. WTF WAS HE DOING ON THEIR BOARD TO BEGIN WITH? WHY DID A COMMUNIST (STATE OWNED, cloaked in as a 'private' company), GIVE HUNTER ALL THAT MONEY? MY QUESTIONS ARE NOT BEING ANSWERED!

Why should Hunter step down? He hasn't done anything WRONG!

Unfounded lmfao.. Keep spinning lefties

Homeboy looks like Steve Carrel

Now, it’s time for the Trump kids to divest their international businesses. Ivanka & Jared made $83M while being government employees

LMAO He is safe continue to invest and buy American secrets for the Communist Chinese

QuidProJoe

I don't think anybody steps down because of conspiracy theory.

Could the media be anymore blatantly bias.. My GOD!

They are not unfounded. There is evidence. Did Hunter divest from the company?

In 2019.... Unfounded Conspiracies = Lazy journalism with a profound lack of curiosity

Step down now !!!

I pray that he will sue realDonaldTrump for slander.

Conspiracy “theories” ? Y’all aren’t a news organization, you’re a DNC propaganda consortium.

Unfounded... LiarsLeakersAndLiberals are too funny

Are you a news station or propagandist for the Biden family? Rhetorical question

Has Hunter divested from the company? Still stands to make a bundle in this scandal and his family’s corrupt scheme!

Again, just like DonaldJTrumpJr and IvankaTrump

Interesting, why step down if these are unfounded conspiracy theory attacks. Gives cause that A)They are true B)Hunter knows his father will never win and has nothing to worry about or C) Just another total lie from the Biden’s.

You are fake news.

My vote is for Trumps kids doing the exact same thing.

Key words are 'unfounded, conspiracy theory'. Thank you for doing your job responsibly, !

Not a biased “news” title at all.

UNFOUNDED YOUR AZZ NBC...THERE IS PROOF ABOUT JOE BIDEN AND HUNTER...THERE IS THE VIDEO YOU WON'T SHOW OF JOE BLACKMAILING UKRAINE TO FIRE THE PROSECUTOR OR NO AID AND PROOF OF DEAL IN CHINA. WRITTEN PROOF, TAPES, AND MORE...NOTHING BUT LIES AND GARBAGE OUT OF ALL MEDIA NOW

Big If

Oh it's a conspiracy when it's against Democrats, but it's a fact when it's against Trump or other Republicans.....and you wonder why people say fakenews

Then why step down... are you sure they’re “unfounded conspiracy theories”... have you (as a so called news organization) actually did your job and investigate Hunter and Joe Biden? Or are you just making up things?

Nice leade “unfounded conspiracy” when every day Trump was accused of collusion in misleading headlines with much less to go on than in Biden’s situation. NBC is better at protecting rapists than news. Just a shameful rapey Corp.

So many idiots in these comments “but but what about orange man’s children!” 🤣🤣🤣🤣

Great job! The right way to write a headline about a President who used his office to attack a political rivals family.

practically giving two thumbs up to big $$$ going to the families of politicians with zero experience in the field. News flash, it doesn’t have to be illegal to turn off voters.

Why didn’t trumps sons resign

And he should.

Coward.

“Unfounded conspiracy theory”? JoeBiden himself is literally on videotape bragging how he threatened the Ukrainian President of withholding money, if he didn’t fire the prosecutor who was looking into Hunters corrupt deal?

He should have never done that. You can’t let these people win. But like my elders use to say, every fat foul have their Sunday!

So basically, since I will never be President my son can continue his operations.

Unfounded? Bahahahahaha- nice try - remember when you were a respected new agency not just an extension of the Democratic Party? Me neither

Of course. Milk that 'cash cow' to the last drop....

The whole trump kids family international dibble dabbling all over the world should have been more of a thing with republicans. I mean, since that’s different than a private citizen being employed as a board member. But motels all around the world owned by a president?

This headline reminds me of all the ones written during 2yrs of investigations on Trump/Russia.........

Why?!? Stay

That conspiracy theory earned Hunter Biden 1.5 billion!

If it’s all conspiracies then why did he step down? He’s willing to lose millions of dollars over a conspiracy theory? 🤔

Take note Trump offspring!

If innocent why is Hunter stepping down? Smoke.........then comes the fire.

Mistake. Cowering to Trump is something of an admission of guilt. Democrats do this every time.

Which is far more then the gangster Trump family. BTW. Where is Ivanka? Hiding?

Unfounded? Really? Do your job! FakeNews

HaHaHaHaHaHa!!!!!🤣🤣🤣 “...unfounded conspiracy theory attacks...” think the American people a stupid.😉

Come on NBC - unfounded conspiracy? What’s unfounded about Hunters position on the Ukranian oil company board? What unfounded on the 1.5 billion Chinese deal? Your reporting on this is why you’re called fake news.

Well good news is his dad won't be president so he can continue working there.

45 SonS and Ivanka, nuff said

Did he step down from the board or is he waiting for his Daddy to be President?

Unfounded? Who has looked into why Ukraine paid Hunter $83,000 a month (~1,000,000 annually) or the Chinese gave Hunters investment firm $1,500,000,000. Only the pathetic NBC News could have no problem with it.

Biden & Son Inc should be in prison.

LoL. That’s funny I don’t give a Damn who you are. MAGA

Yeah, big if.

“Conspiracy theory”? It’s documented. Could nbc be any more in the tank for the left?

Took NBC long enough to report about Hunter Biden stepping down. Now the spin is on to protect the Biden’s.

More than any of the criminal TRUMP children have done.

'unfounded' Replace his name with a Trump kid! Corrupt news!

I think they are missing the point?

Must be truth in it. The guilty is running.

'Facing ongoing, unfounded conspiracy theory attacks...' You are a joke.

Well they haven’t . ..

Nice unbiased headline. Since you keep saying it has been “investigated”, please explain by whom & where are the reports?

Ivanka gained initial approval from China for 16 new trademarks on a variety of products, from handbags to voting machines. Don Jr. & Eric are traveling the world & the country, running a business that not only they benefit from, but also Trump.

Of course he would. WHY? Because he would NOT want to put himself in the position to be blackmailed by enemies. THIS IS THE REASON YOU FORFEIT YOUR ASSETS. Not b/c AMERICA WANTS YOU TO FAIL. But because you KNOW that the evil in the world will use ANYTHING THEY CAN against you.

Can’t make this shit up even if you try! Crooks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines