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Burr’s resignation comes after the FBI seized his cellphone Wednesday. The Republican from North Carolina is being investigated for selling stock ahead of the market crash due to coronavirus fears.
WASHINGTON (AP) — North Carolina Sen. Richard Burr and his brother-in-law are being investigated by the Securities and Exchange Commission for potential insider trading, a case that stems from their
According to the SEC, Sen. Richard Burr of North Carolina, then chairman of the Senate Intelligence Committee, had material nonpublic information about coronavirus impact. He and his brother-in-law dumped stock before the market dropped in March 2020.
Sen. Richard Burr, R-N.C., said in January the DOJ dropped a criminal probe of his trades after coronavirus briefings. But the SEC is still investigating them.
WASHINGTON (AP) — North Carolina Sen. Richard Burr and his brother-in-law are being...