When did Biden file financial disclosures?
To address these claims, Snopes looked at reporting of Biden’s finances following his selection as Barack Obama’s running mate in 2008, financial-disclosure forms filed in 2009, 2010, 2011, 2012, 2013, 2014, and 2015 during his time as vice president, and from financial disclosure forms and tax documents published on his campaign website for the years 2019 and 2020.
When was Joe Biden elected to Congress?
Elected to Congress in 1972 at age 29, Biden has served nearly all of his professional life as a public servant, and he has often invoked his working-class roots and comparatively modest means relative to others who entered politics after making money in the private sector.
Did Biden have a savings account?
Later that year, in a speech at the White House Working Families Summit, Biden repeated the stock and bond claim, and further stated that he did not have a savings account.
Is Joe Biden's wife in the stock market?
For example, Biden is invested in retirement funds that are ultimately invested in the stock market. Jill Biden, Joe Biden’s wife, is invested in the stock market through a type of retirement fund known as a tax-sheltered annuity, among others.
Does Joe Biden own a stock?
Biden has never had direct ownership of a stock or a bond, but he has paid money into retirement funds that are themselves invested in the stock market. Biden, both on his own and as a household unit with his wife, has possessed savings accounts.
What did Biden do to the energy industry?
Biden’s actions on domestic energy. During his first eight days in office, Biden issued three executive orders affecting oil and energy. He paused the permitting of oil and natural gas operations in northeastern Alaska.
Who is Joe Biden's son?
Joe Biden’s son Hunter and his brother James have past financial ties to foreign energy interests.
How much did BHR invest in China?
In 2014, BHR had invested about $1 billion in a subsidiary of a China-controlled oil and gas company. And in April 2017, BHR paid $1.2 billion for a stake in a Democratic Republic of Congo-based mining company. In December 2020, Hunter Biden said the U.S. attorney in Delaware is investigating his taxes.
Is Biden investing in oil?
An image widely shared on Facebook said: "The Biden family is so heavily invested in oil and energy in other countries.". The latest financial disclosure filed by President Biden and the first lady show no direct investments in foreign oil or energy. Other family members are not required to file such disclosures and so the extent ...
When is Biden's inauguration?
Capitol in Washington, Wednesday, Jan. 20, 2021. (AP)
Is Hunter Biden a Chinese company?
According to a 2019 Wall Street Journal report, the firm was 80%-controlled by Chinese entities. Mesires later released a statement on Oct. 13, 2019, saying that Hunter Biden would be resigning from the BHR board, without receiving any return on his investment or shareholder distributions.
Does Joe Biden have to disclose oil?
The latest financial disclosure form for Joe Biden and first lady Jill Biden indicate no investments in foreign energy or oil, despite False claims on social media that suggest otherwise. But no such disclosure requirements apply to the Bidens’ adult children or to Joe Biden’s brother, James, who has been accused of trying to his brother’s political connections to help his business ventures.
What is on the Biden tax return?
The assets and income listed on the form include an unspecified amount from Biden's books "Promises to Keep" and "Promise Me, Dad," an investment fund and Jill Biden's retirement plans, among others.
Who owns 10% of CATL?
The three shareholders that own 10% or more of CATL are the company's chairman, Yu Qun Zeng (42%), the vice chairman and deputy general manager, Shi Lin Huang (19%) and Chinese billionaire Zhen Hua Pei (12%).
Is Hunter Biden a shareholder?
In an investigative article about Hunter's business activities, the Wall Street Journal reported Hunter Biden became a shareholder in 2017 in Bohai Harvest RST Equity Investment Fund Management Co. (BHR), a private-equity firm that later invested in CATL.
Is CATL publicly traded?
When CATL's stock surged by 44% in its debut session as a publicly-traded company on the Shenzhen Stock Exchange in 2018, Hunter was among the shareholders who profited from BHR's investment in the company, the newspaper reported.
Does Biden mention CATL?
Alex Baumgart, who researches personal financial data at the nonprofit Open Secrets, told USA TODAY in an email he didn't find "any indication that the president is an investor in this Chinese battery company." Biden's most recent tax documents also don't mention CATL.
Does Hunter Biden own a lithium battery?
We rate the claim that the Biden family owns 10% of a prominent Chinese lithium battery company FALSE, based on our research. While the White House didn't immediately respond to USA TODAY's request for comment, Biden's official disclosure forms from 2020 and his years as vice president don't mention CATL. An investigative article from The Wall Street Journal found that Hunter Biden benefitted from CATL's stock surge in 2018 because a company he was a shareholder in, BHR, had invested in it. But Hunter Biden and companies connected to him don't own 10% of CATL.
When will China's lithium business land in Biden's lap?
Silview.com, "A Slice Of China’s Lithium Business Landed In Hunter Biden’s Lap Weeks Before They Handed The Afghan Treasures To CCP," Sept. 5, 2021
When did the stock market triple in 2020?
In 2020, the year before Biden took office, the stock price tripled.
Does Hunter Biden own CATL?
Joe Biden’s son Hunter has been scrutinized for his financial ties to China, but no reports have emerged that he has a large direct stake in CATL. The Wall Street Journal reported in December 2020 that Hunter Biden had a 10% stake in the private-equity firm Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co. BHR, founded by a Chinese businessman, invested in CATL and profited from it, but Biden’s lawyer said Biden made no return on his own investment, according to the article.
How much cash does Joe Biden have?
The Bidens keep a lot of cash on hand. The latest disclosure shows that they hold at least $950,000 in cash in six different bank accounts, including his Senate credit union account and another with local a Delaware bank, Wilmington Savings and Fund Society.
How much did Joe Biden make in 2019?
Joe Biden earned more than $900,000 in 2019, much of it before he started running for president, according to a financial disclosure form he filed with the Federal Election Commission Friday. Here are five takeaways from the report. Biden reported total income of a little more than $900,000 since January 2019.
How much money did Jill Biden make?
Jill Biden made about $100,000 from three speaking engagements. The Bidens still do not own any individual stocks. The disclosure shows that they hold interest in a variable annuity, with 11 different mutual funds worth at least $25,000 combined, as well as a TIAA-CREF account and other retirement plans through the state Virginia.
When did Biden leave the Eisenhower?
Lee Fang. Lee Fang. March 24 2021, 11:18 a.m. President Joe Biden leaves after speaking about the American Rescue Plan in response to the coronavirus pandemic in the Eisenhower Executive Office Building, in Washington, D.C., on Feb. 22, 2021. Photo: Saul Loeb/AFP via Getty Images.
Who is Joe Biden's ambassador to the United Nations?
Photo: Saul Loeb/AFP via Getty Images. In the coming months, Linda Thomas-Greenfield, President Joe Biden’s ambassador to the United Nations, will hear from a growing chorus of developing nations about the foundering efforts to distribute the coronavirus vaccine globally.
Who is the White House science adviser?
Eric Lander, the White House science adviser, holds up to $1 million in shares of BioNTech, Pfizer’s partner for its coronavirus vaccine. Secretary of State Anthony Blinken previously consulted for Gilead Science, the biotech company that produced remdesivir, the only Covid-19 treatment approved by the FDA so far.
Is Lander recused from Biontech?
The White House has previously said that Lander will be recused from “any such matters related to COVID vaccines” until he divests from his holdings in BioNTech. Asked for comment about other Biden officials, a spokesperson for the administration referred The Intercept to the president’s executive order banning officials from engaging in matters related to former clients for a period of two years.
