News

Law & the Courts

DOJ Looking into NC Sen. Burr’s Stock Trades Before Coronavirus Outbreak

Senator Richard Burr (R., N.C.) on Capitol Hill in Washington, D.C., December 16, 2019 (Tom Brenner/Reuters)

The Justice Department is probing a series of stock trades made by Senator Richard Burr (R., N.C.) in the weeks prior to the outbreak of Wuhan coronavirus in the U.S., CNN reported on Sunday.

The probe is being coordinated with the Securities and Exchange Commission, and the FBI has also contacted Burr with regard to the investigation. Earlier in March, Burr requested that the Senate Ethics Committee look into the trades.

“The law is clear that any American — including a Senator — may participate in the stock market based on public information, as Senator Burr did,” Amy Fisher, a lawyer for Burr, told CNN. “When this issue arose, Senator Burr immediately asked the Senate Ethics Committee to conduct a complete review, and he will cooperate with that review as well as any other appropriate inquiry.”

Burr sold a sizable portion of his stocks, worth between $628,000 to $1.7 million in total, on February 13 after receiving a classified briefing on the coronavirus in January. The trades were reported in line with the STOCK Act of 2012, intended to prevent congress members from conducting insider trading. Burr has denied making the trades based on inside information, and on March 20 said he had “relied solely on public news reports” in making the trades.

Send a tip to the news team at NR.

Zachary Evans is a news writer for National Review Online. He is a veteran of the Israeli Defense Forces and a trained violist.

Most Popular

Culture

Thank You, Kanye West

It was “a plan by the Devil to have our kids committing suicide at an all-time high.” So said Kanye West, who recently declared, via Twitter, that he was running for president, on the “Birthday Party” ticket. It’s about the best explanation I’ve heard for the non-coronavirus that plagues us. There’s ... Read More
Culture

Thank You, Kanye West

It was “a plan by the Devil to have our kids committing suicide at an all-time high.” So said Kanye West, who recently declared, via Twitter, that he was running for president, on the “Birthday Party” ticket. It’s about the best explanation I’ve heard for the non-coronavirus that plagues us. There’s ... Read More
Education

The Case for Reopening Schools

On the menu today: My reader who is the head of research for a top-ten hospital weighs in on how to get kids back into classrooms safely this fall, a blathering Biden comment I missed that could have gotten his Twitter account suspended, and California’s state government tries to implement an ambitious ... Read More
Education

The Case for Reopening Schools

On the menu today: My reader who is the head of research for a top-ten hospital weighs in on how to get kids back into classrooms safely this fall, a blathering Biden comment I missed that could have gotten his Twitter account suspended, and California’s state government tries to implement an ambitious ... Read More
Science & Tech

The Ideological Corruption of Science

Why don't many people “trust the science” anymore? Perhaps because science, as an institution, has fallen prey to the same ideological infection that has invaded and corrupted many other institutions. But it is too rarely discussed, which is why a Sunday Wall Street Journal column by theoretical physicist ... Read More
Science & Tech

The Ideological Corruption of Science

Why don't many people “trust the science” anymore? Perhaps because science, as an institution, has fallen prey to the same ideological infection that has invaded and corrupted many other institutions. But it is too rarely discussed, which is why a Sunday Wall Street Journal column by theoretical physicist ... Read More
Culture

In Defense of Terry Crews

There are many worthy nominees for the craziest moment in the current cultural turmoil, but the controversy over tweets by actor Terry Crews deserves to be high on the list. In one of his offending tweets, Crews said on July 4th: https://twitter.com/terrycrews/status/1279493774679261185?s=21 It wasn’t ... Read More
Culture

In Defense of Terry Crews

There are many worthy nominees for the craziest moment in the current cultural turmoil, but the controversy over tweets by actor Terry Crews deserves to be high on the list. In one of his offending tweets, Crews said on July 4th: https://twitter.com/terrycrews/status/1279493774679261185?s=21 It wasn’t ... Read More
Science & Tech

Evaluating Fauci’s Record

The White House is getting a lot of heat by pointing out that Dr. Anthony Fauci, the country’s top infectious-disease official, has a spottier record on predicting the course of pandemics than the media would have you believe. “White House officials now want to rein in Fauci by cherry-picking instances in ... Read More
Science & Tech

Evaluating Fauci’s Record

The White House is getting a lot of heat by pointing out that Dr. Anthony Fauci, the country’s top infectious-disease official, has a spottier record on predicting the course of pandemics than the media would have you believe. “White House officials now want to rein in Fauci by cherry-picking instances in ... Read More