WASHINGTON — 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 epidemic.The stock sales were first reported by ProPublica and The Center for Responsive Politics. Most of them came on Feb.
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 person declined to be identified to discuss confidential committee activity.
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. The spokesperson declined to be identified in order to share the senator’s thinking.
While most of us worry about finding toilet paper, meat and test availability they are selling off stock to save their selves some money.
The Criminal GOP, Party of Crimes
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.
Your report on red vs blue states with Covid was careless
They sold their shares before the storm arrived. They are smart investors and I don't see anything wrong with that.