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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Hunter Biden Found Guilty Of Felony Gun Charges
A jury in Wilmington, Delaware, found Hunter Biden, son of President Joe Biden, guilty of three felony counts of lying on a federal firearms application in 2018. A sentencing date has yet to be set and, although the charges carry a maximum sentence of up to 25 years in prison, a first-time offender who is not charged with a violent crime rarely receives jail time.
- President Biden, who has previously stated he will not pardon his son, told reporters: “I accept the outcome of this case,” and will, “continue to respect the judicial process as Hunter considers an appeal.”
- There is limited polling on the impact of the verdict on the presidential race and, as Hunter Biden’s various legal issues are well-known, the prevailing view is that the case will remain peripheral to the presidential election campaign. It will however offer an unwelcome split-screen with former President Trump so soon after the latter’s conviction in his Manhattan hush money trial.
- Republicans will likely seek to link Hunter Biden’s conviction with more serious allegations of criminality in foreign business dealings, which are being probed by the House Oversight Committee. The NYT reports: “Even though Hunter Biden was convicted of all three counts, Republicans are gearing up to say he was convicted of the wrong crimes.”
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.