Tillis says Burr 'owes everybody' an explanation over controversial stock trades
Senate Intelligence Chairman Richard Burr (R-N.C.) owes the country an explanation over his controversial stock trades, his North Carolina counterpart said on Wednesday.
Sen. Thom Tillis (R-N.C.), who is up for reelection this year, demurred on calls for Burr to step down as chairman of the powerful intelligence panel, but said the three-term senator should come clean about his decision in February to sell more than two dozen stocks on a single day as he was receiving briefings on the coronavirus pandemic.
“Regardless of what happens with the investigation, I think Sen. Burr owes everybody in North Carolina and the United States an explanation, and we’ll see where the investigation goes,” Tillis told conservative talk radio host Hugh Hewitt. “With respect to his chairmanship, that’s a decision ... that would be better left to him and the leadership.”
Senate financial disclosures showed that Burr sold between $628,000 and $1.7 million worth of shares on February 13, just days before the financial markets went into a tailspin caused by a large-scale shutdown of the U.S. economy in reaction to the spread of the virus. The transactions were first reported by Pro Publica.
https://www.politico.com/news/2020/04/15/thom-tillis-richard-burr-controversial-stock-trades-187730
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