Across 33 different transactions on February 13, Burr sold off between $628,000 and $1.72 million of his holdings, according to ProPublica who first reported on the senator’s sell off in March
Daily Mail: FBI raid home of Senator Richard Burr and seize his cellphone amid probe into stock sales he made after classified coronavirus briefings before economy tanked
* FBI officers seized a cellphone belonging to Senator Richard Burr on Wednesday night as part of the Justice Department’s insider trading probe
* Sen. Burr, of North Carolina, surrendered his phone to federal agents after they served a search warrant on the lawmaker at his Washington home
* Burr, the chairman of the Senate Intelligence Committee, sold a large percentage of his stock portfolio in February shortly before the market slumped
* Justice Department are investigating whether Burr violated a law that prevents members of Congress from trading on insider information
* Across 33 different transactions on February 13, Burr sold off between $628,000 and $1.72 million of his holdings, following coronavirus briefings
FBI officers seized a cellphone belonging to Senator Richard Burr on Wednesday night as part of the Justice Department’s investigation into controversial stock trades he made at the beginning of the coronavirus pandemic.
Sen. Burr, of North Carolina, surrendered his phone to federal agents after they served a search warrant on the lawmaker at his home in Washington, an anonymous law enforcement source told the LA Times.
Burr, the chairman of the Senate Intelligence Committee and a member of the health committee, sold a large percentage of his stock portfolio in February shortly before the market slumped and after he began receiving daily briefings on the coronavirus.
Read more ....
WNU Editor: He is not the only US senator who did stock sales after receiving a classified coronavirus briefing. We shall see if the others will also be raided.
More News On The FBI Raiding The Home Of Senator Richard Burr Amid Probe Into Stock Sales
FBI serves warrant on senator in investigation of stock sales linked to coronavirus -- L.A. Times
FBI serves search warrant on Sen. Richard Burr amid stock trading controversy: report -- The Hill
The FBI seized Republican Sen. Richard Burr's cell phone as part of an investigation into potential insider trading related to coronavirus -- Business Insider
FBI serves warrant on Sen. Richard Burr over coronavirus-related stock sales -- NY Post
23 comments:
Ignoring Feinstein's crimes. And Pelosi's.
name them
OCRUMBOGATE.
CHUDS.
Burr is an anti-Trumper.
No Democrat is going to defend him except in passing.
"Name them"
Pelosi for starters
"Hambrecht, according to the San Francisco Chronicle, “said he never contributed to politics until he was inspired by Pelosi after meeting her in the early 1970s.
Pelosi inspired Hambrecht to donate, and in turn, Hambrecht apparently “inspired” Pelosi to push a very specific regulatory change. The Dec. 7 hearing was all about the regulations governing Initial Public Offerings. Hambrecht’s business is arranging IPOs. In the congressional hearing that he personally bought, he got to tout his firm’s business and push for changes that would help expand his business.
Oh, by the way, one of Hambrecht’s employees at the time was Paul Pelosi Jr., the speaker’s son. Paul Pelosi Sr., Nancy’s husband, was already in business with Hambrecht ..."
"Name them"
You are blind, stupid, or hyper-partisan. Or maybe all 3 at once.
Feinstein is in the same boat as Burr. The very same one.
Ah, I see the loser (Anon@7:30) is here. He changes his name constantly but remains a loser.
I was hoping that anon 7:30 would leave. But then I remember what WNU posted. No one ever leaves WNU.
So I cope by using idiots like 7:30 as piñatas. It is therapeutic or cathartic. Also, a person can keep tabs on what the ranchers of the party of corruption is telling the people that they herd.
@wnu. Post more China military activity /moves, please. They must be getting active
name them? TREASON! Idiot!
treason? indictment?
Ah Anon@ 10:47,
Why it's the Parrot, Squirrel, Clerk, and that's being kind. Just a loser.
Feinstein definitely sold us out to China for money.
It is no accident that her chauffeur was a Chinese spy. More than enough people knew, but the only reason it was called out is, because Trump did it. Too many other people in the Swamp (mainly Democruds) were good with it.
"In 2013, when Feinstein led the Senate Intelligence Committee, FBI officials politely approached her to inform her that her staffer had been covertly sharing information with the San Francisco Chinese consulate – which Feinstein helped open when she was mayor – for roughly a decade. Feinstein was briefed. She apparently allowed the man to retire.
No charges of espionage or acting as an unregistered foreign agent were ever brought against him. He wasn’t placed in solitary confinement or threatened with prosecution unless he cooperated with special investigators. Presumably, American taxpayers were required to pay for the Chinese spy’s retirement (for which the Chinese government was undoubtedly grateful)."
Why? Because it might damage Feinstein politically?
Is Diane's aggrandizement of riches more important than the country?
Might her Beijing masters be angry?
I got to assume that a clerk is an order of fries short of a happy meal.
Hey, I’m no insider, but I saw it coming and didn’t act. My bad, but the public news was out there to be Interpreted and acted upon for those who weren’t lazy.
"but the public news was out there to be Interpreted"
True.
But how much of the news is "Watch the birdie" ?
News nowadays is in large part dishonest.
Dem. Dianne Feinstein spoke to the FBI about her husband's stock dealing amid insider dealing probe
ho ho ho
“She was happy to voluntarily answer those questions to set the record straight and provided additional documents to show she had no involvement in her husband’s transactions,” the spokesman said. “There have been no follow up actions on this issue.”
Earlier this year, reports had said Feinstein, who is the top Democrat on the Senate Judiciary Committee, and her husband sold between $1.5 million and $6 million in stock in California biotech company Allogene Therapeutics, between Jan. 31 and Feb. 18.
But a spokesman for Feinstein at the time denied any wrongdoing and indicated the sales involved the senator's husband, saying that “all of Senator Feinstein’s assets are in a blind trust” and “she has no involvement in her husband’s financial decisions.”
Anon@ 4:55,
Sure knows a lot for a clerk.
Company tied to Trump campaign manager Brad Parscale gets PPP loan
Takeaways from coronavirus whistleblower Rick Bright’s testimony
Ah the clerk responds! But he's still waiting for all that evidence "he" promised us on Russiagate, Mueller, Impeachment, waiting, waiting, waiting. He really is a clerk. I bet he was known as a buddy fucker when he did his intel work he brags about.
Clerk,
Do you ever read science articles? I mean really read them. Do you know how viruses work? You may have had 1 science class in high school, but from self-admission, you did not pay attention back then and didn't really know how to read. Unless you had a science course in college as an elective as an undergrad, I think you and science have a very tenuous relationship that borders on non-existent.
Clerk never reads beyond the lede and nutgraf.
"There is no allegation of illegality associated with the PPP loan. CloudCommerce's CEO did not reply to questions about the loan sent by CBS News.
Parscale has been CloudCommerce's largest shareholder since 2017, when CloudCommerce bought two of his companies — Parscale Digital and Parscale Strategy — and added him to its Board of Directors. He currently owns 35% of the company, according to a recent SEC filing. The filing indicates he resigned from the Board on December 10, 2019."
If you are in a business sector and all your competition took advantage of a government program, you have to also take advantage of it or be at a competitive disadvantage due to that government program. That is something clerk will not be honest about or cannot comprehend.
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