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Former Vice President Joe Biden, in an interview with "Axios on HBO," promised to prohibit his son Hunter, and other family members, from cashing in on his name and position overseas if he wins the presidency. 

Why it matters: Questions may intensify as impeachment proceedings against President Donald Trump move to the Senate and the Iowa caucuses approach. Biden already has drawn scrutiny for allowing his son to get paid handsomely by a Ukrainian business while the VP led the Obama administration's anti-corruption push in Ukraine.

The big question: Will Biden move away from a posture of defending his son's honor to acknowledge and address legitimate concerns about his own judgment among some Democrats and swing voters?

  • Biden told Axios' Mike Allen that Hunter did nothing wrong — but that he has not dug into what Hunter actually did while working in Ukraine.
  • “I don't know what he was doing. I know he was on the board. I found out he was on the board after he was on the board and that was it,” Biden told us. 
  • Asked whether he wants to get to the bottom of it, Biden said, "No. Because I trust my son."

Biden said his family will be banned from making money overseas if he wins, faulting the president's family members' government and business conflicts of interests — not Hunter’s work — for the need for a formal guardrail. 

  • “They will not be engaged in any foreign business because of what's happened in this administration.”

Axios' Alexi McCammond, who spent time on Biden's Iowa bus tour this week, said after he called a man a "damn liar" at one event for making unsubstantiated claims about Hunter's work, Biden told reporters the next day that he "probably shouldn't have challenged him to pushups" and doesn't want to stoop to Trump's level in terms of engagement with critics.

Go deeper:

Go deeper

Dave Lawler, author of World
39 mins ago - World

Global press freedom deteriorates amid pandemic

Data: Reporters Without Borders; Chart: Axios Visuals

Journalism is seriously restricted in 132 of 180 countries included in Reporters without Borders' annual Press Freedom Index — a particularly dangerous state of affairs during the pandemic.

Breaking it down: Nordic countries are ranked high on the list for having "good" press freedoms, while China, Turkmenistan, North Korea and Eritrea are at the bottom. The U.S. is ranked 44th.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

How anti-greed backlash killed the European Super League

Photo: David Cliff/Anadolu Agency via Getty Images

The 48-hour rise and fall of the European Super League is the perfect encapsulation of how anti-greed sentiment has changed the rules of capitalism.

Why it matters: The highly-complex structures of capitalism are built from the mostly base motivations of individuals chasing money. That's been condemned and celebrated in equal measure — but has also largely been accepted.

2 hours ago - Politics & Policy

Senate Republicans unveil $568 billion infrastructure counterproposal

Sens. John Barasso and Shelley Moore Capito. Photo: Caroline Brehman/CQ Roll Call/Bloomberg via Getty Images

Senate Republicans formally rolled out the framework for their $568 billion counterproposal to President Biden's $2.5 trillion infrastructure plan on Thursday.

Why it matters: The package is far narrower than anything congressional Democrats or the White House would agree to, but it serves as a marker for what Republicans want out of a potential bipartisan deal.