The restrictions on U.S. politicians receiving money from foreign business owners are in place for similar reasons as those related to receiving personal money from foreign governments. The concern is to prevent potential conflicts of interest and undue foreign influence on American politics.
Allowing politicians to accept money from foreign business owners could create a situation where these interests can impact politicians’ decisions and policies, potentially compromising the best interests of the United States. It is important for politicians to prioritize the welfare and interests of their own country, ensuring that their decisions are not influenced by foreign financial contributions.
Furthermore, accepting such funds could create the perception of impropriety and undermine public trust in the political system. To maintain transparency, accountability, and the integrity of democratic processes, strong regulations and restrictions are in place to prevent politicians from accepting money from foreign business owners. Violations of these regulations can result in legal consequences and damage to the credibility of the individuals involved.
President Joe Biden’s son, other family members, and their associates were paid more than $20 million by Russians and other foreigners while President Biden was vice president, according to bank records
released on Aug. 9.
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Russian, Ukrainian, and Kazakhstan nationals were among those paying the Biden family and their associates, according to the records. Russian billionaire Yelena Baturina, for instance, paid $3.5 million to a company called Rosemont Seneca Thornton, with about a third going to Hunter Biden associate Devon Archer. Another $2.75 million went to an account started just one day earlier for Rosemont Seneca Bohai on Feb. 13, 2014.
Mr. Archer testified recently that he and Mr. Hunter Biden co-owned the account.
Ms. Baturina, the widow of former Moscow Mayor Yury Luzhkov, was among those present at dinners in Washington that President Biden attended, Mr. Archer recently told members of Congress. That included a dinner held within months of the payment.
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