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After President Joe Biden paused certain oil and gas operations and killed a cross-country oil pipeline, an image emerged on Facebook making this attack: "I’m confused how the Biden family is so heavily invested in energy and oil in OTHER countries, yet they want to end it in OUR country." The widely shared post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.) The latest financial disclosure form for Joe Biden and first lady Jill Biden indicate no investments in foreign energy or oil, despite False claims on social media that suggest otherwise. But no such disclosure requirements apply to the Bidens’ adult children or to Joe Biden’s brother, James, who has been accused of trying to his brother’s political connections to help his business ventures. In short, aside from what the president and first lady have disclosed, there isn’t publicly available information on what Biden family members have in their investments. During his first eight days in office, Biden issued three executive orders affecting oil and energy. He paused the permitting of oil and natural gas operations in northeastern Alaska. And he paused […]
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