The FBI Is Investigating Sen. Richard Burr For Insider Trading

[babylonsister]

https://www.politicususa.com/2020/03/30/richard-burr-fbi-investigation.html

Posted 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 President’s 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 isn’t 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.

[ProudMNDemocrat]

1. Good...The Gov of NC is a Democrat...

If Burr is pressured to resign, a Democrat will be appointed to take his place.

[Sherman A1]

2. Good

I hope the entire batch is investigated and if found to have done something inappropriate, indicted.

[malaise]

3. The FBI is investigating the Chairman of the Senate Intelligence Committee

Let this sink in

[guillaumeb]

6. Why do they call it the intelligence committee?

Even worse would be if they called it the Integrity Committee.

[DENVERPOPS]

23. The only thing sinking in is

The FBI is under BARR/TRUMP, any FBI investigation is a complete sham......or a rude joke, your choice......

[Hermit-The-Prog]

32. Yep. Barr's Dirt Services will be looking for a way to bury the story, not Burr.

[liberalmuse]

4. I'm wondering who Trump promised his job to.

Not that I trust anything the DOJ does under Barr.

[katmondoo]

5. I always think of Martha Stewert when I read how much others in high places get away with

inside trading. They (The Repubs) applauded when she went to jail.

[Walleye]

30. Same here. Martha showed more strength than all of the men.

[DENVERPOPS]

34. Of course they did

The Republican men weren't about to let any WOMAN play their corrupt games and win....
They sure showed their true colors by making an example out of her.....

"I guess WE showed that bitch to stay in her place"........

[DetlefK]

7. Meh. He will be fine. Barr will drop the charges.

[Promisep]

8. But emails!

Or something.

[GoCubsGo]

9. Better be looking at that scumbag from Georgia, too.

And, her husband.

[DENVERPOPS]

22. KELLY REPUBLICAN SENATOR????

She raced out of the meeting and went to begin immediately trading tens of millions. They think she did much more because she and her husband who is the Chairman of the NYSE, own a ton of stuff hidden behind ghost corporations. They are still digging into those.

The FBI is under BARR/TRUMP, the investigation is a sham......or a rude joke, your choice......

[DENVERPOPS]

35. U.S. "Senator" Kelly no less

made an absolute killing, tens of millions....PLUS and the fact that he is Chairman of the New York Stock Exchange makes it especially egregious......

It is like a Master Grifters convention at the top of the U.S. government under Trump..........

[kairos12]

10. Barr oversees.

This will come to zip.

[kysrsoze]

11. You all realize they're trying to get rid of him, right?

Matt Garth called for his resignation. They just want to replace him with another Dump sycophant because he’s not quite subservient enough to him. There is NEVER a “good” reason for anything these clowns do.

[TimeToGo]

14. What a stupid law

[MyOwnPeace]

17. I'm thinking that law

(and the challenge to it) would be one that could be dragged out for quite some time. In the meantime - that would be one empty seat on the "Red Team" side.
Not that I believe that the Governor would win his "right to select" in our courts these days, but I would like to think that there could be enough "sensitivity" involved to allow the whole challenge to drag on for a bit - and that would/should be good for the GOOD GUYS!

BUT, no matter what - this November we must GET OUT THE VOTE!!!!!!!!

[slumcamper]

15. Why? I suggest waiting it out...like the GOP-led Senate did with Merrick Garland.

Delay. Let the voters decide. Why not?

[Rebl2]

16. Unfortunately

it might be by law he has to fill the seat. Don’t think he should have to abide by the stupid law that the gop came up with allowing only gop members to pick who they want.

[bucolic_frolic]

18. That is EXACTLY where Democrats need to go on this

What's sauce for the goose ...

[iluvtennis]

19. Good. What about Kelly Loeffler? She should be investigated as well. nt

[catbyte]

21. X 2

[dem4decades]

27. She not only sold losers but bought winners. Can't believe she's not worthy

Of investigation.

[warmfeet]

20. Prosecute potential lawbreakers when appropriate. Let our legal system determine the outcome.

It applies to me, it applies to you. We are a nation of laws, not of men. That is a good principle to adhere to. We follow the law, or we are held to account for our actions. I would have made a pretty decent repub 70 years ago. Now, I am an extreme leftist. Go figure, and WTF?

[japple]

24. Please correct the OP. Burr is (R-NC) not (R-CA)

[liberalla]

25. So glad to read this news. Thanks for posting!

[AllaN01Bear]

26. hope he wears a striped or orange or what ever jumper they wear.

[PatrickforO]

28. Good. Him sitting there telling his donors this inside information

so they could all divest before we 'little people' knew the truth is despicable.

[colorado_ufo]

29. Remember, he certainly isn't the "public menace" Martha Steward was!

[dlk]

31. Kelly Loeffler shouldn't receive a pass because of her hubby's position

Her insider trading deserves investigation, too.

[Stinky The Clown]

33. If Trump wants him out, I am made to wonder why. What could be worse?

[BeckyDem]

36. I love good news.