The Justice Department has dropped insider-trading investigations into three senators but remains focused on Senator Richard Burr.
Senate majority leader Mitch McConnell called the temporary appointment of Rubio “the natural choice.”
Burr sold up to $1.7 million in stocks on February 13, many of them in the hotel industry, after receiving a classified briefing in January on the coronavirus.
The senator claims the trades were made solely based on publicly-available information, and asked the Senate Ethics Committee to review the trades.
Sen. Tillis Says Fellow North Carolina Republican Burr ‘Owes Everybody an Explanation’ on Self-Dealing, Insider Trading Allegations
While he maintains his innocence, Burr has asked the Senate Ethics Committee to conduct a review of his actions.
The 2017 sale was not disclosed by either party, even though the purchase could qualify as a gift.
Unique among those caught up in this coronavirus-related controversy, the North Carolina Republican is in significant legal danger.
The probe is being coordinated with the Securities and Exchange Commission, and the FBI has also contacted Burr.
North Carolina might be crucial on Tuesday night.
Something else Burr said in the now infamous CNN tape deserves some attention.