Senate Intelligence Chairman Richard Burr has asked the Senate Ethics Committee to review his sales of stocks last month ahead of the economic downturn sparked by the coronavirus pandemic, but he's not the only senator facing scrutiny
Georgia GOP Sen. Kelly Loeffler and others are also facing questions about why they were selling stocks last month, before the stock market took a nosedive as the outbreak spread across the US and the Dow Jones Industrial Average lost roughly 30% of its value.The sales have sparked calls for Burr's resignation and attacks from political opponents from senators up for reelection in 2020.
No one is under as much scrutiny as Burr, as there have been calls for the North Carolina Republican to resign coming both from Democrats and Fox News host Tucker Carlson. Even Sen. Thom Tillis, Burr's fellow North Carolina Republican, said on Twitter Friday that Burr"owes North Carolinians an explanation" and that the ethics review was appropriate.Burr sold off shares worth between $628,000 and $1.7 million in 33 transactions on February 13.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Recording: Senate Intel chairman issued early warning about dire impact of coronavirus in US'There's one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history,' GOP Sen. Richard Burr said about the coronavirus on February 27, according to a recording obtained by NPR
Lire la suite »
Burr, Senate Colleagues Sold Stock After Coronavirus BriefingsSeveral members of Congress, their spouses and investment advisers sold hundreds of thousands of dollars in stock after sensitive, closed-door briefings for lawmakers about the threat of the disease—and weeks before the coronavirus pandemic sent the stock market plummeting.
Lire la suite »
POLITICO Playbook PM: Senate sprints to finish coronavirus rescue packageMitch McConnell firmly planted his right foot on the accelerator pedal this morning, attempting to move at mach speed to negotiate and pass a massive stimulus bill by Monday — which, if accomplished, would be a herculean legislative feat
Lire la suite »
Senate Republicans introduce trillion-dollar coronavirus packageRepublicans released the text of their trillion-dollar coronavirus stimulus package, paving the way for negotiations with Democrats to begin
Lire la suite »
Senate Republicans unveil massive coronavirus bill that would include cash paymentsAs Republicans work among themselves to come to an agreement, the details of the bill are still largely unknown.
Lire la suite »