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Showing Original Post only (View all)The FBI Is Investigating Sen. Richard Burr For Insider Trading [View all]
https://www.politicususa.com/2020/03/30/richard-burr-fbi-investigation.htmlPosted on Mon, Mar 30th, 2020 by Jason Easley
The FBI Is Investigating Sen. Richard Burr For Insider Trading
The Justice Department has launched an investigation into Sen. Richard Burr (R-CA), who dumped millions of dollars in stock just before the coronavirus crisis hit.
The Wall Street Journal reported, The Justice Department is examining whether lawmakers traded ahead of the market turmoil caused by the coronavirus pandemic based on confidential briefings they received, according to a person familiar with the matter. As part of that inquiry, the FBI has reached out to Sen. Richard Burr (R., N.C.), said the person.
Burr, due to his position as Chairman of the Senate Intelligence Committee, received two confidential briefings in January in February. After being briefed, Burr warned a group of his political donors to prepare for the coronavirus and he sold $1.7 million in stock.
Calls for Burr to resign have come from both Republicans and Democrats. Given that Donald Trump called for Burr to resign, it is not surprising that his Justice Department took the Presidents tweet as a green light to investigate the Senator.
If any other ordinary person in America did what Burr did, they would be looking at criminal charges and a prison sentence. Since Sen. Burr isnt running for reelection, he appears to be trying to ride out the scandal in the hope that it blows over.
An FBI investigation is a signal that this story is not going away anytime soon.
The heat is intensifying on Burr and it may only be a matter of time until he resigns and awaits criminal prosecution.
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Yep. Barr's Dirt Services will be looking for a way to bury the story, not Burr.
Hermit-The-Prog
Mar 2020
#32
I always think of Martha Stewert when I read how much others in high places get away with
katmondoo
Mar 2020
#5
Why? I suggest waiting it out...like the GOP-led Senate did with Merrick Garland.
slumcamper
Mar 2020
#15
She not only sold losers but bought winners. Can't believe she's not worthy
dem4decades
Mar 2020
#27