President Biden’s son-in-law’s investment in a health care company involved in the coronavirus vaccine effort is raising eyebrows in ethical circles after the president pledged that family members would have no influence in government matters, according to a report Tuesday.
President Biden is pledging that his administration will follow tough ethics regulations and that no family members will be involved in government or foreign policy decisions.
In his first interview since entering the White House, Biden, sitting next to his wife, Jill, was asked about the allegations surrounding his son Hunter Biden’s business dealings in Ukraine and China and what kind of guardrails he would put up for family.
“We’re going to run this like the Obama-Biden administration. No one in our family and extended family is going to be involved in any government undertaking or foreign policy. And nobody has an office in this place,” he told People magazine in an interview.
Yosi Health CEO Hari Prasad created software that would help make the vaccine process more efficient and sought help from one of his company’s first investors, StartUp Health, which employs Biden son-in-law, Howard Krein, as its chief medical officer, ABC News reported.
Prasad sought help from StartUp Health in December to pitch their software platform to government health officials, the report said.