• DOJ Drops Insider Trading Probe Into Three Senators, Still Investigating Burr for Coronavirus Sell-Off

    DOJ Drops Insider Trading Probe Into Three Senators, Still Investigating Burr for Coronavirus Sell-Off

    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 …
  • Marco Rubio Takes Over for Richard Burr as Senate Intel Chairman

    Marco Rubio Takes Over for Richard Burr as Senate Intel Chairman

    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 …
  • Burr Steps Down as Senate Intel Committee Chairman Due to Insider Trading Investigation

    Burr Steps Down as Senate Intel Committee Chairman Due to Insider Trading Investigation

    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 …
  • FBI Serves Warrant on Sen. Richard Burr over Pre-Pandemic Stock Trades

    FBI Serves Warrant on Sen. Richard Burr over Pre-Pandemic Stock Trades

    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 …
  • Richard Burr’s brother-in-law also sold stocks on same day before crash

    Richard Burr’s brother-in-law also sold stocks on same day before crash

    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 …
  • Sen. Tillis Says Fellow North Carolina Republican Burr ‘Owes Everybody an Explanation’ on Self-Dealing, Insider Trading Allegations

    Sen. Tillis Says Fellow North Carolina Republican Burr ‘Owes Everybody an Explanation’ on Self-Dealing, Insider Trading Allegations

    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 …
  • Richard Burr Sold House to Lobbyist the Same Month He Co-Sponsored the Lobbyist’s Bill

    Richard Burr Sold House to Lobbyist the Same Month He Co-Sponsored the Lobbyist’s Bill

    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 …
  • DOJ Looking into NC Sen. Burr’s Stock Trades Before Coronavirus Outbreak

    DOJ Looking into NC Sen. Burr’s Stock Trades Before Coronavirus Outbreak

    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 …
  • Richard Burr sued for dumping stocks ahead of Chinese virus panic

    Richard Burr sued for dumping stocks ahead of Chinese virus panic

    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 …