Hunter Biden, the son of former President Joe Biden, used the 4th of July holiday to accuse President Donald Trump and his family of leveraging political influence for personal financial gain, comparing their business dealings to monarchical rule.
Hunter Slams Trump ‘Family Business‘
In a post on X on Sunday, Hunter invoked the 250th anniversary of American independence to argue that the Trump family had blurred the line between public office and private enrichment.
“I hope everyone had a great 4th of July,” he wrote.
He added, “250 years ago we declared independence from a king who ran the colonies as a family business. In just 18 months the Trumps have made King George look like an amateur.”
Hunter cited several examples, including a $620 million Pentagon loan to a company backed by a firm owned by Donald Trump Jr., military contracts awarded to companies linked to Trump family members, a Kazakhstan mining project supported by U.S. government financing, and Jared Kushner’s investment fund, which he said received billions of dollars from Gulf governments.
He also criticized Trump-linked cryptocurrency ventures, claiming they generated billions while investors suffered losses.
“The money didn’t grow. It simply moved from the subjects pockets to the crown’s coffers,” he wrote.
Contrasting his own legal scrutiny with what he described as a lack of investigations into the Trump family
Hunter said, “For six years they’ve asked Where’s Hunter? What about the laptop? Wrong questions. The right one is 250 years old. Does America belong to a family?”
He concluded the post with the line, “They’ve given their answer. Long live the King.”
Democrat Slam Trump Family Profits
Sen. Elizabeth Warren (D-Mass) accused Trump of prioritizing his family’s crypto business over lowering costs for Americans.
She linked his support for stablecoin legislation to the launch of USD1 by World Liberty Financial, which includes his sons as co-founders and generates interest from reserves tied to the platform.
Sen. Adam Schiff (D-Calif) mocked Trump over alleged misuse of taxpayer funds, sarcastically calling a reported $600 million government-linked benefit to a Trump family company a “wedding present” for Donald Trump Jr., accusing the family of political profiteering.
Sen. Bernie Sanders (I-Vt.) also alleged the Trump family earned billions from presidency-linked business activity, including crypto ventures.
He estimated those gains at roughly $4 billion and criticized the prioritization of family wealth over public welfare.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Domenico Fornas on Shutterstock.com
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