Hunter Biden's allies weigh legal-defense fund for president's son
Hunter Biden's allies weigh legal-defense fund for president's son
Hunter Biden's allies have held initial discussions about creating a legal-defense fund to pay for a growing team of attorneys that is helping him confront both a years-long federal tax investigation and a host of new congressional inquiries, according to people familiar with the matter.
The effort has been triggered by Hunter Biden's struggles to pay his mounting legal bills amid increasingly stretched resources and his pursuit of a new, aggressive legal strategy, the people said, speaking on the condition of anonymity to discuss a sensitive subject.
A constellation of lawyers have worked for Biden over the years, and he continues to add new ones as he prepares to confront the investigations that House Republicans are starting to pursue.
It's unclear exactly how much the president's son owes in legal fees, in part because some of the bills were expected to be discounted or treated as pro bono work. But three people familiar with his situation estimate his current legal debt at well into the millions of dollars, and the figure is likely to grow as he faces additional congressional investigations.
Hunter Biden, who once had a lucrative career running an investment management firm, has faced financial problems for years. He has no steady source of income as he has become a public lightning rod, and his past efforts to become a Washington power player have faded amid ethical concerns.
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