Key senator sold large amount of stocks before steep market losses from virus

Senate Intelligence Committee Chairman Richard M. Burr sold as much as $1.7 million in stocks just before the market dropped in February amid fears aboutSenate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus.

Burr told the small North Carolina audience that the virus was “much more aggressive in its transmission than anything that we have seen in recent history” and “probably more akin to the 1918 pandemic.”There is no indication that Burr had any inside information as he sold the stocks and issued the private warnings. The intelligence panel did not have any briefings on the pandemic the week when most of the stocks were sold, according to a person familiar with the matter.

“The message I shared with my constituents is the one public health officials urged all of us to heed as coronavirus spread increased,” Burr wrote. “Be prepared.”Burr sent out the tweets before reports of his stock sales. A spokesperson for the senator said in a statement that Burr “has been deeply concerned by the steep and sudden toll this pandemic is taking on our economy” and supports congressional efforts to help the economy.

In the weeks that followed, Loeffler urged her constituents to have faith in the Trump administration’s efforts to prepare the nation.

All about money and of course flouting the law as they know they are above it.

Smooth criminal

Those Senators so implicated in Insider Trading should resign or be expelled from office...and then prosecuted

Lock up any politician that traded in January or February... if it’s all of them 🤷🏻‍♂️👏🏼💯🇺🇸 Burr is a guilty thief who was committing crimes while working 🇺🇸 families were being told to buy stocks by the drunk Larry Kudlow.

Lock them up...MarthaStewart

Including SenFeinstein

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dale Earnhardt Jr.'s pirate-themed Key West home listed at $3.7 million - Business InsiderThe Civil War-era home was designed with a pirate-ship theme — which can best be seen throughout the kitchen — to pay homage to the Key West.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Senators sold stock before steep market losses from virusSenate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus. Several They sold their shares before the storm arrived. They are smart investors and I don't see anything wrong with that. Your report on red vs blue states with Covid was careless For a party that likes to beat people over the head about Christian values, morality and ethics they sure don't practice what they not only preach but try to force others to live by.
Source: YahooNews - 🏆 380. / 59 Read more »

Senator sold off stock before market losses from virus beganWASHINGTON (AP) — Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus... Recall the motherfucker. Conservative here. Burr should be jailed as well as any other politician profiting off this crisis Anybody notice the irony of his name being Richard?
Source: AP - 🏆 728. / 51 Read more »