Legislation Proposed by Rep. Waltz Goes After Hunter Biden
In an effort to promote more financial transparency in the federal government, Rep. Michael Waltz introduced new legislation on Wednesday morning. The proposed legislation is designed to address the need for more transparency for President Joe Biden’s son, Hunter Biden.
Understanding the PAINTER Act
The Preventing Anonymous Income by Necessitating Transparency of Executive Relatives (PAINTER) Act would mandate that the president and vice president report the same type of financial disclosure data for their non-dependent children as is currently required for their spouse and dependent children.
If passed, the legislation would require that the non-dependent children of Biden and Vice President Kamala Harris would have to report the source and type of income when it exceeds $1,000.
They would also need to report the source, value, and description of gifts associated with their relationship to the office.
Impetus of Act
The proposed legislation was precipitated by Hunter’s announcement that he was diving into the art industry. Hunter is expected to sell artwork valued at up to $500,000 apiece at private showings in Manhattan and Los Angeles. This sudden career move raised eyebrows in conservative circles.
Waltz said that this was a “shameless attempt” to try to make money off of Biden’s presidency. The Republican from Florida said that this could jeopardize the integrity of the office of the presidency.
White House Reaction
White House Press Secretary Jen Psaki said that the identities of the buyers would remain private. She also asserted that Hunter had the right to pursue any type of career path, just as any child of a sitting president.