Joe Biden addresses Hunter tax and Ukraine probes with Late Show's Colbert as he praises son as 'smartest man I know'

JOE Biden addressed the investigations into Hunter Biden's taxes and Ukraine business dealings as he praised his son as the "smartest man I know."

Biden said he had "great confidence" in Hunter, 50, during Thursday's episode of "A Late Show with Stephen Colbert" airing later tonight, after calls mounted for a special counsel to be appointed to probe his son.

Hunter confirmed earlier this month that he was the subject of a federal investigation by the DOJ, which has been looking into his tax affairs since 2018 – a probe outgoing Attorney General Bill Barr was aware of.

On December 17, Biden told Colbert: "We have great confidence in our son I am not concerned about any accusations that have been made against him.

"It used to get to me. I think it's kind of foul play but — look, it is what it is. And, he's a grown man, he is the smartest man I know, I mean from a pure intellectual capacity. And as long as he's good, we're good."

Biden assured Colbert that as president, he would be able to breach the party divide – even if members of the Republican Party used the ongoing investigation against him.

"If it benefits the country, yes. I really mean it," Biden replied when Colbert asked if he could weather "people who'll be using this as an attack on you."

The FBI in Delaware and Washington DC were looking into money laundering claims and Hunter's foreign dealings, a source told Politico.

The feds are also looking into his transactions with foreigners who may have posed counterintelligence concerns, CNN reported.

While Donald Trump may push for a Justice Department-assigned lawyer to investigate Hunter's tax affairs, Republican Senators Lindsey Graham and Ron Johnson weighed in on the controversy on Wednesday.

Earlier this week, the president-elect reiterated that he was "confident" his son had done nothing wrong but Graham called "on a special counsel to look at all things Hunter Biden."

Graham said he "absolutely" would support appointing a special counsel to look into the 50-year-old's business dealings in Ukraine and China, describing it as a "good idea."

He wanted to establish whether "any crimes were committed" and if any "conflicts" exist for Biden after his son confirmed the investigation earlier this month.

Graham said he wanted to see if there was a "conflict with the Biden administration regarding his business dealings with Ukraine, which is overrun with Russian agents."

The South Carolina politician also wanted "the activity [Hunter] had with the Chinese government" to be looked into, he said.

Likewise, Chairman of the Senate Homeland Security Committee Senator Johnson said that he hoped special counsel was “not necessary, but it might be.”

Meanwhile, Trump is reportedly considering whether to push Attorney General Bill Barr's replacement Jeff Rosen to assign a special counsel after announcing the attorney general's resignation on Twitter.

Today, the outgoing president branded this "fake news" and said he had "nothing to do with a federal probe into Hunter Biden's taxes and foreign deals."

"I have NOTHING to do with the potential prosecution of Hunter Biden, or the Biden family," Trump wrote. "It is just more Fake News. Actually, I find it very sad to watch!"

This supposed special counsel would advance the investigation into Biden's son but it could also create tension and possible showdown with Barr's replacement Rosen, who was previously the Deputy Attorney General.

Enraged that Barr didn't publicly announce the two-year investigation into Hunter before the election, Trump recently told one reporter to "ask me in a couple of weeks" if he planned on firing the attorney general.

He tweeted out Barr's resignation letter and said he would be stepping down before Christmas – a week after Hunter's bombshell probe announcement.

The Justice Department does not usually disclose investigations that are in progress although the subjects of those probes can – but Barr allegedly tried to keep the Hunter situation under wraps.

The outgoing president reportedly asked his personal attorney Rudy Giuliani to investigate whether the president has the power to appoint a special counsel himself.

Trump aides have supposed urged him to pressure Rosen to ensure the investigation can't be easily stopped once Biden takes office on January 20, recent reports suggest.

A special counsel can be fired only by the attorney general and for specific reasons such as misconduct, dereliction of duty, or conflict of interest under federal regulations and these reasons have to be put in writing.

It would also mean a more drawn out and complex investigation than the current inquiry, which has only focused on the 50-year-old's taxes.

The younger Biden was asked to hand over documents and information about two dozen entities, including Ukraine gas company Burisma in a subpoena.

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