From the editorial board of the Charlotte Observer:
New details arose Thursday regarding a Securities and Exchange Commission investigation into possible insider trading by Burr.
According to an SEC filing first reported by ProPublica, Burr possessed “material nonpublic information” regarding the incoming economic impact of the virus when he dumped roughly $1.6 million in stocks in February 2020. After doing so, he called his brother-in-law, the filing says — and the very next minute, Burr’s brother-in-law called his stock broker.
Though Burr has long planned to step down in 2022, he ought to consider taking an earlier retirement. No matter what happens during the last year of his term, he will continue to be a politician who broke his commitment to serve and protect us when we needed him most. North Carolinians deserved better than that.
Read the full article.
Burr has received more than $500,000 in donations for his legal defense. Many fellow senators have contributed. https://t.co/DJ969kFiPt
— The Charlotte Observer (@theobserver) October 28, 2021