Quantcast
Connect with us

GOP’s Richard Burr and Kelly Loeffler hit with ethics complaints over coronavirus insider trading scandal

Published

on

In a series of bombshell news reports, two GOP senators, Richard Burr of North Carolina and Kelly Loeffler of Georgia, are facing serious questions surrounding their dumping of hundreds of thousands to millions of dollars worth of stock as the coronavirus began to unfold and become a major international news story. Now, the government watchdog group Citizens for Responsibility and Ethics in Washington (CREW) is filing ethics complaints against the two.

ADVERTISEMENT

“Senators Richard Burr and Kelly Loeffler should be investigated for possible violations of the STOCK Act, insider trading laws and ethics rules when they sold millions of dollars in stock assets after receiving nonpublic briefings about the coronavirus outbreak,” the group wrote in a press release this Friday.

According to reports, Burr and Loeffler dumped their stocks while simultaneously downplaying the threat of the burgeoning health crisis to the public. Burr, specifically, was issuing much more dire warnings in private.

The Washington Post reports that other senators, including Dianne Feinstein (D-CA) and James M. Inhofe (R-OK) are also facing questions about the timing of their own stock sell offs.

Read CREW’s full press release here.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Trump’s calls to Putin may soon be revealed to Biden’s team — then what?

Published

on

President-elect Joe Biden and his team will soon have access to transcripts of President Donald Trump's calls with foreign leaders, and there's some uncertainty to how those ultra-sensitive documents might be handled.

A source close to the Biden transition team said they haven't decided yet how to handle those materials, which are currently locked down in a secret server to which the new administration will be given access, reported CNN.

Continue Reading

Breaking Banner

Noam Chomsky: ‘Malevolent’ Trump exposed the ‘extreme fragility of American democracy’

Published

on

Prominent public intellectual Noam Chomsky is explaining how President Donald Trump, post-election, is revealing the actual state of America's fragile democracy.

The president's General Services Administration (GSA) head Emily W. Murphy may have signed off on beginning the transition process for the Biden administration but he is still pushing his baseless, unfounded claims of voter fraud. Although U.S. election officials deemed the 2020 presidential election "the most secure in American history," Trump continues to insist the general election was rigged.

Continue Reading
 

2020 Election

Trump’s ‘sore loser’ tiny desk performance mocked by New Yorker writer: ‘This does not project strength’

Published

on

New Yorker writer Susan Glasser on Friday mocked President Donald Trump for whining about losing the 2020 presidential election while sitting behind a tiny desk.

Appearing on CNN, Glasser said she was amazed that someone as image-conscious as Trump wouldn't realize how weak he appeared on Thanksgiving while ranting about voter from behind a puny desk.

Continue Reading