The Justice Department’s highest-profile coronavirus prosecutions are being handled by an office poised for leadership changes
Meanwhile, Sen. Dianne Feinstein confirmed she had faced questions from the bureau about her husband’s stock trades in the early weeks of the pandemic. And Sen. Kelly Loeffler said she shared materials with the Justice Department and the Securities and Exchange Commission about stock trades in the same time frame.
The long shadow of its calamitous 2008 prosecution of Sen. Ted Stevens — when prosecutors withheld exculpatory information from the senator’s lawyers, leading to the Justice Department moving to dismiss the indictment in 2009 — still hangs over the unit. Since then, its lawyers have faced more defeats: an 8-0 Supreme Court ruling overturning the conviction of Republican Virginia Gov. Bob McDonnell, a deadlocked jury in the case against former Sen.
So the STOCK Act investigations come at a complex moment for the section, which often handles cases where the law is just as complicated as the facts. It could be hard to prove in court, for instance, why exactly the senators under scrutiny made specific stock transactions — whether they offloaded stocks because of public news reports out of Asia or because of dire warnings received from intelligence officials behind closed doors.
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