John Kerry’s Heinz ketchup heiress wife has millions of dollars in Chinese investments, leaving Biden’s climate change envoy facing an ethical dilemma as he regularly meets with the country’s top leaders to cut deals

Contact Your Elected Officials
DailyMail.com
  • John Kerry’s wife benefits from an investment of ‘at least $1 million’ in a hedge fund that specializes in investments with Chinese government-controlled funds
  • His wife Teresa Heinz is the widow of wealthy late senator John Heinz and heiress to the Heinz family fortune, estimated to be worth more than $750 million 
  • The investment was revealed in Kerry’s filing with the Office of Government Ethics (OGE)  in March
  • Kerry’s filing says neither he nor his wife ‘exercise authority over the trust
  • In his senior government role as Biden’s climate change envoy, Kerry regularly meets with Chinese diplomats and leaders
  • He is in the delicate position of negotiating with the industrial superpower to cut deals on reducing carbon emissions
  • Kerry’s 2021 filing says neither he nor his wife ‘exercise authority over the trust’, ‘have any control over the management of the trust investments’, and neither are trustees” 
  • George W. Bush’s former chief White House ethics lawyer Richard Painter told DailyMail.com the investments could pose an ethical problem for Kerry
  • He said if the Chinese government tried to exert influence through his family’s investments, Kerry would have to stand down from climate change negotiations 

Joe Biden‘s climate change envoy and former secretary of state, John Kerry, disclosed millions of dollars in Chinese investments held by his wife’s family trust, government documents show.

Kerry’s latest filing with the Office of Government Ethics (OGE) in March shows his wife benefits from an investment of ‘at least $1 million’ in a hedge fund that specializes in private partnerships and investments with Chinese government-controlled funds.

In his senior government role Kerry regularly meets with Chinese diplomats and leaders, and is in the delicate position of negotiating with the industrial superpower to cut deals on reducing carbon emissions. 

A government ethics expert has raised concerns that the Chinese government, which has a substantial interest in several business partnerships Kerry’s wife’s family trust has invested in, could use the threat of derailing personal investments to put pressure on the Biden cabinet member. 

George W. Bush’s former chief White House ethics lawyer Richard Painter told DailyMail.com the investments could pose an ethical problem for Kerry.

 ‘As soon as anyone even hinted that the Chinese government would try to do anything to pull the rug from those companies if he didn’t do what they wanted, at that point it would create a problem for him under US code 208 [a conflict of interest law for government officials].’

By JOSH BOSWELL

Read Full Article on DailyMaily.co.uk

Daily Mail
Daily Mailhttp://www.dailymail.co.uk/
At DailyMail.com you can feed your daily addiction with the biggest stories from news, politics, showbiz and everything else in between.

Trump Turned His Head And Saved America

It was a turn of President Trump's head to view an immigration chart that saved his life. It was Divine intervention, God saved Trump so he could save America.

AI: A Double-Edged Sword?

AI produces innovation, revolutionizing industries from education to entertainment, yet AI tools also cause a gradual decline in human cognitive skills.

Why is the Epstein Victim List Longer than the Client List?

Bondi said her responsibility is to protect identities of underage girls sexually abused by Epstein, but a good number of victims have come forward.

Stirring the gravy

โ€œYou might be a Pennsylvanian-Italian if you claim Italian ancestry and participated in San Marziale festivities at Holy Angels Church in Kulpmont, PA.

Flood of Lies

The tragedy still unfolding after the historic Texas floods should be cause for unity, but Democrats weaponize the catastrophe for themselves.

A Year After Trump Rally Shooting, Town Still Seeks Healing, Answers

A western PA community has rallied around the family of Corey Comperatore who was fatally shot when a gunman opened fire at a Trump rally.

5 States Discussing Plans to Build Prisons Like โ€˜Alligator Alcatrazโ€™: Noem

Homeland Security Sec Kristi Noem said five Republican-led states were discussing plans to build detention sites similar to Floridaโ€™s โ€œAlligator Alcatraz.โ€

Wyoming Opens Dual Mine: Coal for Power, Rare Earths for Everything Else

Brook Mine will be the first new coal mine to open in Wyoming in 50 years and first critical mineral and rare earth mine to open in the US in 70 years.

Los Angeles Mayor Signs Order Reaffirming Sanctuary City Policy, Proposes Cash Aid to Illegal Immigrants

LA Mayor Karen Bass has issued an executive directive reaffirming the cityโ€™s self-proclaimed sanctuary status in response to ongoing ICE operations.

EU Wonโ€™t Retaliate to Trumpโ€™s 30 Percent Tariff, Countermeasures on Hold Until August

EC President Ursula von der Leyen said EU will extend suspension on countermeasures to U.S. tariffs until next month while trade negotiations continue.

Trump Announces 30 Percent Tariff on EU, Mexico

President Donald Trump has announced a 30 percent tariff on imports from the European Union and Mexico, to go into effect on Aug. 1, 2025.

Tariff Windfall Drives Surprise $27 Billion US Budget Surplus in June

New data from Treasury Dept show that surging tariff revenues in June helped U.S. government post an unexpected budget surplus of $27 billion.

State Department Says Reorganization Plan to Move Ahead Quickly After Supreme Court Ruling

State Dept to reorganize plans following Supreme Court's allowing Trump admin to proceed with layoffs of fed workers and overhaul of federal agencies.
spot_img

Related Articles