President-elect Joe Biden’s son Hunter Biden is under federal investigation over tax issues, the transition team announced Wednesday.
News of the investigation comes just as Joe Biden is set to announce his nominee for attorney general of the United States.
The Trump campaign team has constantly targeted Hunter Biden during the 2020 campaign.
Hunter Biden under federal investigation. Statement released short time ago: pic.twitter.com/LZhnwNJWs3
— Byron York (@ByronYork) December 9, 2020
Hunter Biden said in a statement that the U.S. Attorney’s Office in Delaware informed his legal counsel about the investigation on Tuesday.
“I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors,” Hunter Biden said.
Joe Biden is “deeply proud” of his son, who has “fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger,” a statement from the transition team said.
A CNN reporter was working on a story about the investigation and had been in contact with Hunter Biden’s legal counsel when the transition team for Joe Biden and Vice President-elect Kamala Harris sent out its press release.
According to CNN The reporter, the investigation began in 2018, but was put on hold ahead of the 2020 election under DOJ policy.
Investigators in the probe have been looking at whether Hunter Biden and his associates violated tax and money laundering laws in business dealings in foreign countries ― specifically China, a report confirmed by CNN and the Associated Press.