Hunter Biden, the Veep's Son, Joins Ukraine Gas Company Board

Image: Hunter Biden, the Veep's Son, Joins Ukraine Gas Company Board

Thursday, 15 May 2014 06:58 AM

By Newsmax Wires

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
R. Hunter Biden, the lawyer son of Vice President Joe Biden, is not raising any ethical issues by joining the board of a gas company in Ukraine, according to the White House.

The vice president's younger son, a lawyer and a partner in an investment firm, was recently named to the board of directors of Burisma Holdings, a private company that has drilled for natural gas in Ukraine since 2002, Reuters reported.

In a statement on Burisma's website, Hunter Biden said he would help the company with "transparency, corporate governance and responsibility, international expansion," and other issues.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll
 
Natural gas has been a central issue in recent tensions between Russia and Ukraine. Ukraine depends on Russia for most of its natural gas, and has accused Moscow of hiking natural gas prices as punishment for moving closer to the European Union.

In April, the vice president traveled to Kiev and discussed how the United States could help provide technical expertise for expanding domestic production of natural gas.

Asked by a reporter whether Hunter Biden's appointment to the company presented a conflict, White House spokesman Jay Carney said it did not.

"Hunter Biden and other members of the Biden family are obviously private citizens, and where they work does not reflect an endorsement by the administration or by the vice president or president," Carney said during a briefing.

Kendra Barkoff, a spokeswoman for Vice President Biden, said he "does not endorse any particular company and has no involvement with this company."

The head of a watchdog group on government ethics said there was no inherent conflict in Biden's job.

"It can't be that because your dad is the vice president, you can't do anything," said Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington.

Financial conflict of interest laws and regulations for government officials do not apply to the president and vice president, explained Richard Painter, who was chief ethics lawyer for former Republican President George W. Bush from 2005 until 2007.

Even if they did apply, the laws do not extend to the financial interests of officials' grown children, he said.

"It's very clear the statute does not cover this, even if the statute applied to the vice president," said Painter, now at the University of Minnesota Law School.

Regulations do require government officials to recuse themselves on decisions where their family members are a party, or representing a party, he said.

In any case, Painter said he does not believe that Biden, who plays a central foreign policy role at the White House, should step back from working on issues affecting energy in Ukraine for appearance's sake.

But it would have been preferable for the vice president had his son avoided the matter altogether, or decided to step down, Painter said.

"If I had been the lawyer for the vice president, I would have said, 'Try to get your son to get off that board,'" Painter said.

Urgent: Assess Your Heart Attack Risk in Minutes. Click Here.

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Incubus: Island Records Signs Band, Will Release Two EPs in 2015

Thursday, 18 Dec 2014 20:08 PM

The alternative rock band Incubus has signed with Island Records, and will put out two EPs next year, Billboard reported . . .

Squarespace Workers Re-Create Famous Paintings Using Office Objects

Thursday, 18 Dec 2014 19:41 PM

Two Squarespace employees are re-creating famous works of art on their breaks with things found lying around the office, . . .

FedEx Truck Accident Spills Likely Christmas Packages Along Interstate

Thursday, 18 Dec 2014 19:21 PM

A FedEx truck crashed in Georgia on Tuesday, spilling boxes, Netflix videos, and probably Christmas gifts along the high . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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