Burr Responds – Claims He Sold Stocks Based On ‘News Reports’ from Zero Hedge
Update (03/20/2020): Burr has responded to the report, claiming that he relied “solely on public news reports” when he conducted a flurry of stock sales on February 13 – specifically noting CNBC‘s daily health and science reporting out of its Asia bureaus.
“Understanding the assumption many could make in hindsight however, I spoke this morning with the chairman of the Senate Ethics Committee and asked him to open a complete review of the matter with full transparency.”
My statement in response to reports about recent financial disclosures: pic.twitter.com/J4kye5a4ok
— Richard Burr (@SenatorBurr) March 20, 2020
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This only raises more questions…
Important here that Burr seems to confirm that his Jan. sales were in fact due to concerns over the virus. The question is, if he was so troubled by what he watched @onlyyoontv report, daily, why didn’t he say so publicly, immediately? Did he push the WH on his concerns? https://t.co/EDW8HxBECc
— Scott Wapner (@ScottWapnerCNBC) March 20, 2020
Burr’s excuse still doesn’t explain why he sold 10 days after writing an op-ed claiming America was ‘better prepared than ever for coronavirus.”
Selling stocks:
According to financial disclosures Sens.:
– Kelly Loeffler (R-Ga.),
– James Inhofe (R-Okla.),
– Dianne Feinstein (D-Calif.)
– Richard Burr (R-N.C.)Each sold stocks within days of the Senate holding a classified briefing on Jan. 24. https://t.co/cWChhALGS6
— Sara A. Carter (@SaraCarterDC) March 20, 2020
Inhoffe has offered a response as well:
The New York Times allegations are completely baseless and 100 percent false. I was not at the briefing on January 24. I was meeting with pro-life kids from Oklahoma here for the March for Life and the new nominee to be U.S. Ambassador to Tanzania.
— Sen. Jim Inhofe (@JimInhofe) March 20, 2020
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Fox News‘s Tucker Carlson had some serious words for Sen. Richard Burr (R-NC), who sold off a significant percentage of his stocks on February 13 – raising between $628,000 and $1.72 million in 33 separate transactions.
