Login or Register
Welcome , Settings |  Logout
Tags: biden | family | cash

Biden Dishes Campaign Cash to Family Members

Wednesday, 15 Oct 2008 12:23 PM

By Jim Meyers

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

Democratic vice-presidential nominee Joe Biden has paid more than $2 million in campaign funds to family members, their businesses and employers over the years, raising questions about potential conflicts of interest.

The money came from Biden's failed presidential campaign during the past two years. The largest chunk, $1.8 million, was paid to a company that employs his sister and longtime campaign manager, Valerie Biden Owens, according to campaign disclosure filings viewed by The Washington Times.

Biden also gave campaign legal work to a lobbying and law firm co-founded by his son R. Hunter Biden, the filings reveal.

Paying family members and their companies is legal if the work is legitimate and charged at market rates, according to the Federal Election Commission. But public watchdog groups have been critical of such arrangements.

"Even though legal within restraints, it's not something I view as completely ethical," Craig Holman, legislative director for the campaign finance watchdog group Public Citizen, told The Times. "Any candidate ought to shy away from that."

Biden aides say all the payments he has made to family members or their employers were legitimate, and spokesman David Wade told The Times that no Biden family members are being paid by the Obama-Biden campaign.

The $1.8 million paid to his sister’s firm, Joe Slade White & Co., was for media consulting, and much of the money went to produce and air political ads.

Other Biden campaign and political action committee expenditures over the years included more than $50,000 in salary to his sister, and more than $150,000 to Hunter Biden’s Washington lobbying firm Oldaker, Biden & Belair.

Wade asserted that none of the money went to Hunter.

Hunter and Joe Biden’s brother James were accused in two lawsuits of defrauding a former business partner and an investor of millions of dollars in a hedge fund deal that went bad, The Washington Post reported in August.

Hunter and James countered that the former partner defrauded them by misrepresenting his experience in the hedge fund industry and recommending that they hire a lawyer with felony convictions.

Hunter Biden announced in September that he had quit working as a federal lobbyist, amid concerns that his work undermined Barack Obama’s anti-lobbyist rhetoric, the Times noted.

Citizens for Responsibility and Ethics in Washington analyzed campaign filings covering the 2002, 2004 and 2006 election cycles, and its report listed Joe Biden among the top five senators in terms of salaries and fees paid to family members.

© 2013 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved