Don’t Compel Investment in Hunter Biden’s Chinese Cronies

This is Frank Gaffney with the Secure Freedom Minute.

Hunter Biden is baaack. Evidently, he is a director of a Chinese government-backed fund that has partnered with a PRC company known for stealing U.S. military secrets. Finance Committee Chairman Chuck Grassley is now investigating this team’s 2015 purchase of an American manufacturer of militarily relevant equipment.

As it happens, yesterday, the board that oversees the retirement funds of our federal government employees and military personnel let stand a deeply problematic decision it made in 2017. Effectively, it would compel the Thrift Savings Plan’s beneficiaries to invest in the Biden firm’s partner, the Aviation Industry Corporation of China, among other malevolent Chinese companies.

Fortunately, there is growing outrage at such a prospect. Secretary of the Navy Richard Spencer and six U.S. senators have called for the Thrift Savings Plan board to reverse course. Failing that, it must be required to do so.

This is Frank Gaffney.