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The Justice Department has dropped insider-trading investigations into three U.S. senators but remains focused on Senator Richard Burr (R., N.C.), according to multiple reports. Prosecutors have informed attorneys for Senators Kelly Loeffler (R., Ga.), Dianne Feinstein (D., Calif.), and Jim Inhofe (R., Okla.) that they were no longer under investigation for selling off millions in …
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Senate majority leader Mitch McConnell (R., Ky.) announced Monday that Senator Marco Rubio (R., Fla.) would assume the role of interim chairman of the Senate Intelligence Committee, after Senator Richard Burr (R., N.C.) stepped down from the post last week. In a statement, McConnell called the temporary appointment of Rubio “the natural choice.” “His proven …
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Senator Richard Burr (R., N.C.) on Thursday stepped down as chairman of the Senate Intelligence Committee during an investigation into allegations that Burr engaged in insider trading. “Senator Burr contacted me this morning to inform me of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation,” Senate …
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FBI agents served a warrant at Senator Richard Burr’s (R., N.C.) Washington, D.C., home on Wednesday and confiscated his cell phone as part of an investigation into stock trades the senator made before the coronavirus pandemic sent Wall Street crashing. A spokesperson for the senator declined to comment to reporters regarding the developments, according to …
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Sen. Richard Burr and his brother-in-law reportedly dumped stocks on the same day before the coronavirus crisis sent global markets into a tailspin. National Mediation Board member Gerald Fauth — the brother of Burr’s wife — sold as much as $280,000 in shares on Feb. 13, roughly a week before the virus triggered a historic …
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Sen. Thom Tillis (R., N.C.) during a hearing on Capitol Hill in Washington, D.C., December 11, 2019 Senator Thom Tillis (R., N.C.) on Wednesday said fellow North Carolina Republican senator Richard Burr should respond to recent allegations of insider trading and self-dealing. “I suspect that there is an investigation in the DOJ, and we’ll have …
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Senate Intelligence Committee Chairman Richard Burr (R-NC) arrives for a classified briefing on Capitol Hill in Washington, D.C., May 24, 2018. Senate Intelligence Committee Chairman Richard Burr (R., N.C.) sold his D.C. townhouse off-market for above market-price to a group led by a donor and powerful lobbyist connected to him, raising possibilities that the arraignment …
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Senator Richard Burr (R., N.C.) on Capitol Hill in Washington, D.C., December 16, 2019 . The Justice Department is probing a series of stock trades made by Senator Richard Burr (R., N.C.) in the weeks prior to the outbreak of Wuhan coronavirus in the U.S., CNN reported on Sunday. The probe is being coordinated with …
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An investor is suing Sen. Richard Burr for securities fraud connected to stock sales he made after private coronavirus briefings, court papers show. Wyndham Hotels shareholder Alan Jacobson filed the lawsuit Monday in Washington, DC, federal court, alleging that the North Carolina Republican “acted as a scofflaw in a time of national crisis” by exploiting …