According to Steve Schmidt, the McCain campaign’s senior campaign strategist:
[Joe Biden's] son is a lobbyist for the credit card and banking industry. The Obama campaign is surrounded by people who have worked in the lobbying industry.
Joe Biden has two sons, one of which (Robert Hunter Biden) is a registered lobbyist. (He announced he was immediately stopping all lobbying activities on September 13.) Lobbyists are required by federal law to disclose their clients. According to Hunter Biden’s records, he has never had a client in the credit card or banking industries.
Steve Schmidt is lying when he says that any Biden son is lobbying for the credit or banking industries, when neither is.