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| Sen. Richard Burr (R-NC) and four Senators were caught doing insider trading during the pandemic. |
Sen. Richard Burr (R-NC) is facing controversy over the allegations. He along with Sen. Kelly Loeffler (R-GA), Sen. Ron Johnson (R-WI), Sen. Dianne Feinstein (D-CA) and Sen. Jim Inhofe (R-OK) were making a profit off the pain and suffering of millions of Americans who may diagnosed with the coronavirus.
The chairman of the Senate Intelligence Committee sold off between $500,000 to $2 million in his stock holding as he was getting word of the coronavirus spreading into facilities like casinos, hotels, schools, hospitals. Burr had stock in the hospitality industry.
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| Newly sworn Senator Kelly Loeffler (R-GA) was caught in this scandal. |
Loeffler, the newly appointed Georgia senator found herself already in a hot mess. It's only three months in as the junior senator.
Loeffler and her husband, Jeffrey Sprecher, the chairman of the New York Stock Exchange reportedly sold off $3.1 million in stock with the first sale in the company Resideo Technologies worth an estimated $50,000 and S100,000 on January 24.
The same day Loeffler's committee, the Senate Health Committee hosted a private, all senators briefing with administration officials, including the Centers for Disease Control and Prevention (CDC) director and Dr. Anthony Fauci, the world renowned disease expert.
The Daily Beast said that Loeffler made a total of 29 stock transactions through mid-February.
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| Sen. Ron Johnson (R-WI) was involved in insider trading. |
Burr dumped $150,000 worth of shares of Wyndham Hotels and Resorts stocks and $100,000 worth of shares of Extended Stay America.
The lawmaker was caught on tape making warnings to donors.
Rep. Alexandria Ocasio-Cortez (D-NY), Rep. Ilhan Omar (D-MN) and even Sucker Tucker are calling upon the senators involved to resign or face criminal charges.
As Intel chairman, @SenatorBurr got private briefings about Coronavirus weeks ago.— Alexandria Ocasio-Cortez (@AOC) March 19, 2020
Burr knew how bad it would be. He told the truth to his wealthy donors, while assuring the public that we were fine.
THEN he sold off $1.6 million in stock before the fall.
He needs to resign. https://t.co/IAITMbJ3R5
It is stomach-churning that the first thoughts these Senators had to a dire & classified #COVID briefing was how to profit off this crisis.— Alexandria Ocasio-Cortez (@AOC) March 20, 2020
They didn’t mobilize to help families, or prep response. They dumped stock.
Sen. Loeffler needs to resign, too. https://t.co/3lx1Bjt4be
I am 💯 with him on this 😱 https://t.co/Gbi3i2BagY— Ilhan Omar (@IlhanMN) March 20, 2020
Burr and Loeffler deny any wrongdoing.
In a tabloid-style hit piece today, NPR knowingly and irresponsibly misrepresented a speech I gave last month about the coronavirus threat.— Richard Burr (@SenatorBurr) March 19, 2020
Let me set the record straight. 1/
This lunch was hosted on Feb. 27 by the North Carolina State Society. It was publicly advertised and widely attended.— Richard Burr (@SenatorBurr) March 19, 2020
NPR knew, but did not report, that attendees also included many non-members, bipartisan congressional staff, and representatives from the governor’s office. 2/
Every state has a state society. They aren’t “secretive” or “high-dollar donor” organizations. They’re great civic institutions that bring people in D.C. together for events, receptions, and lunches.— Richard Burr (@SenatorBurr) March 19, 2020
And they’re open to anyone who wants to get involved. 3/
Like most members of Congress, I address our state society every year.— Richard Burr (@SenatorBurr) March 19, 2020
That a good thing. That’s what we should be doing.
Meeting constituents and talking to them about the work we’re doing in D.C. is an important part of our job, especially in times of uncertainty. 4/
Unfortunately, NPR’s journalistic malpractice has raised concerns that Americans weren’t warned about the significant steps we may have to take to stop the coronavirus threat.— Richard Burr (@SenatorBurr) March 19, 2020
That’s not true.
From Feb. 25 ➡️ https://t.co/MV6UHiIIgG 5/ pic.twitter.com/ef1hI35X2a
In a press conference on Feb. 26, the President and public health officials urged schools, hospitals, businesses, and families to begin making plans for potential closures, social distancing, and telework: https://t.co/uZCJ51Sy6F 6/ pic.twitter.com/AB19KKfjCb— Richard Burr (@SenatorBurr) March 19, 2020
The message I shared with my constituents is the one public health officials urged all of us to heed as coronavirus spread increased:— Richard Burr (@SenatorBurr) March 19, 2020
Be prepared. 7/
COVID-19 is a rapidly evolving situation. To know if we’ve been successful in stemming it, we have to keep an accurate accounting of our nation’s response.— Richard Burr (@SenatorBurr) March 19, 2020
Purposefully misleading listeners for the sake of a “narrative,” like NPR has done, makes us less safe. 8/
I want to set the record straight: This is a ridiculous & baseless attack. I don’t make investment decisions for my portfolio. Investment decisions are made by multiple third-party advisors without my or my husband's knowledge or involvement.— Kelly Loeffler (@KLoeffler) March 20, 2020
As confirmed in the periodic transaction report to Senate Ethics, I was informed of these purchases and sales on 02/16/2020 – three weeks after they were made.— Kelly Loeffler (@KLoeffler) March 20, 2020
Burr was caught on tape talking at the Capitol Hill Club, a social club for Republicans located steps away from the Capitol Building.
"Every company should be cognizant of the fact that you may have to alter your travel. You may have to look at your employees and judge whether the trip they're making to Europe is essential or whether it can be done on video conference. 'Why risk it?'" Burr told attendees.
He also previewed school shutdowns.
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| Sen. Jim Inhofe (R-OK) voted against the Families Act and was caught doing insider trading. |
He said the military could be utilized.
"We're going to send a military hospital there; it's going to be in tents and going to be set up on the ground somewhere," he said. "It's going to be a decision the president and the (Department of Defense) make. And we're going to have medical professionals supplemented by local staff to treat the people that need treatment," he added.
Burr was not sounding the alarm publicly. The Republicans and Donald J. Trump said that this was a "Democrat hoax."
The Raw Story says that Johnson, the longtime Wisconsin senator was caught selling equity before the market crashed. The exact amount is unknown, as ethics form only require disclosure in broad ranges, but Johnson reportedly selling over $5 million that day -- and potentially up to $25 million.
They reported that Inhofe, a far-white lawmaker who voted against the bipartisan Coronavirus Emergency Bill that Trump signed into law this week.
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| Sen. Dianne Feinstein (D-CA) was caught doing insider trading. |
Well his ass was caught selling large stock holding after private briefings on the coronavirus spreading into the United States.
Fox News, Rupert "Pervert" Murdoch's Republican propaganda network reports that Feinstein, a strong backer of the Israeli prime minister Benjamin Netanyahu and AIPAC is caught in this mess as well. The longtime Democratic lawmaker was caught selling off stock.
The data is listed on a U.S. Senate website containing financial disclosures from Senate members.
Feinstein and her husband sold between $2 million and $6 million in stock in a California biotech company Allegene Therapeutics between January and February.
When questioned by the junk food media, Feinstein's spokesman denies the allegations.
"All of Senator Feinstein's assets are in a blind trust. She has no involvement in her husband's financial decisions."
However, she does get daily briefings on financial affairs. Hmmm....
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