Two GOP senators face questions over stock sales ahead of the market's coronavirus slide

submitted by Nemacolin from (cnbc.com)

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[–][deleted]  (1 child)

[deleted]

    [–]gof-urself2 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    no

    [–]Nemacolin[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

    Swampy-Drainy

    Senate Intelligence Committee Chairman Richard Burr, R-N.C., is facing questions about his decision to sell between $630,000 and $1.7 million worth of stock one week before global financial markets began a historic slide in response to the coronavirus pandemic.

    A second Republican senator, Georgia’s Kelly Loeffler, also sold large amounts of stock in late January and early February, when U.S. markets were hitting all-time highs.

    Both Burr and Loeffler have received non-public information about the global spread of coronavirus from Executive Branch officials, who have been briefing senators regularly since at least January.

    Members of Congress are prohibited by law from using non-public information they obtain through their official positions in order to personally profit off the stock market.

    [–]Chipit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

    They are the swamp. They are "never Trump" Republicans. Of course you wouldn't say that, though. Disturbs the narrative.