NYSE owner declines to comment on coronavirus stock probe as CEO's wife, Sen. Kelly Loeffler, gives documents to FBI
that on the same day Burr sold his stock, his brother-in-law, Gerald Fauth also sold tens of thousands of dollars worth of stock.
Burr's attorney Alice Fisher has said that the senator "participated in the stock market based on public information," and that "he did not coordinate his decision to trade on Feb. 13 with Mr. Fauth." Burr had attended the same Jan. 24 senators-only briefing that Loeffler did., saying he did not want the FBI investigation to be a distraction from the committee's work, which includes an inquiry into Russian interference in the 2016 presidential election.
Loeffler initially refused to answer questions from reporters on Thursday about whether either her cellphone was seized and if she had spoken to the FBI. But Loeffler's Senate office later revealed Thursday that she had in fact given the Justice Department, the Securities and Exchange Commission and the Senate Ethics Committee "documents and information" about the trades by her and her husband.Loeffler's office, in its final statement Thursday, said that the documents and information she had turned over established "that she and her husband acted entirely appropriately and observed both the letter and the spirit of the law.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FBI seizes Sen. Richard Burr's cellphone in probe over stock salesThe FBI has seized the cellphone of Sen. Richard Burr, R-N.C., pursuant to a search warrant as part of an investigation of possible insider trading, a senior law enforcement official confirmed to NBC News.
Read more »
FBI seizes Sen. Richard Burr's cellphone in probe over stock salesThe North Carolina Republican faced calls to resign after reports he privately warned donors of the dire impact of the coronavirus pandemic in February while selling off up to $1.6 million of his stocks.
Read more »
FBI serves warrant, seizes phone of Sen. Richard Burr in stock sales investigation: reportsThe FBI served a warrant to GOP Sen. Richard Burr as part of its investigation into his sale of stocks ahead of the market crash due to the coronavirus, according to reports.
Read more »
FBI Seizes Sen. Burr’s Cellphone in Probe of Stock TradesThe FBI seized the cellphone of Sen. Richard Burr (R., N.C.) late Wednesday as part of a Justice Department investigation into whether he traded stocks ahead of the market turmoil caused by the coronavirus pandemic based on confidential briefings he received, a person familiar with the matter said.
Read more »
Sen. Richard Burr steps down as Senate intel chair during probe of coronavirus stock saleBurr stepped down one day after FBI agents seized his cellphone as part of a criminal investigation into his stock sales during the early weeks of the coronavirus pandemic.
Read more »
GOP Sen. Lindsey Graham rejects Trump demand that Obama testify on Russia probe'I think it'd be a bad precedent to compel a former president to come before the congress,' Graham, a close ally of Trump's, told reporters on Capitol Hill.
Read more »