Justice Department Looking Into Senator's Stock Sell-Off
Senate Intelligence Committee Chairman Richard Burr sold off a large amount of stocks before the coronavirus market crash. The FBI will assess whether he was motivated by nonpublic information.
Senate Intelligence Committee Chairman Richard Burr sold off a large amount of stocks before the coronavirus market crash, and now the Justice Department is looking into his statements around this time period, NPR can report.
Media outlets including CNN, The Wall Street Journal and The Associated Press have also reported that the FBI has reached out to Burr to assess whether he made stock sales based on nonpublic information.
NPR first broke news of in which Burr, R-N.C., privately warned well-connected constituents in February about how bad the coronavirus crisis would become.
