Tag Archives: Richard Burr

The Wall Street Journal reports: The Securities and Exchange Commission is no longer investigating trading by former Sen. Richard Burr, whose stock sales in February 2020 raised concerns he misused information he received as a lawmaker about the coronavirus pandemic’s potential economic impact. The SEC this week told Mr. Burr, a North Carolina Republican who retired from the Senate at …

The Los Angeles Times reports: A federal appeals court on Friday overturned a judge’s ruling that blocked the public’s access to a search warrant for Sen. Richard M. Burr’s cellphone that federal investigators seized in an investigation of his stock trades. The three-judge appeals court panel found that U.S. District Judge Beryl Howell had misapplied the law in her May …

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 …

ProPublica reports: After Sen. Richard Burr of North Carolina dumped more than $1.6 million in stocks in February 2020 a week before the coronavirus market crash, he called his brother-in-law, according to a new Securities and Exchange Commission filing. They talked for 50 seconds. Burr, according to the SEC, had material nonpublic information regarding the incoming economic impact of coronavirus. …

The Washington Post reports: Sen. Richard Burr (R-N.C.), a surprise vote to convict Trump of inciting the Jan. 6 attack on the Capitol, announced Thursday that he opposes the establishment of an independent, bipartisan commission to investigate the deadly assault. Burr, who once led the Senate Intelligence Committee, called the attack by a mob of Trump supporters that left five …

From the North Carolina Republican Party: Tonight, the North Carolina Republican Party Central Committee voted unanimously to censure Senator Richard Burr for his vote to convict former President Trump in the impeachment trial which he declared to be unconstitutional. The NCGOP agrees with the strong majority of Republicans in both the U.S. House of Representatives and Senate that the Democrat-led …

The Associated Press reports: The North Carolina Republican Party is expected to vote Monday on whether to censure Sen. Richard Burr over his vote to convict former President Donald Trump during Trump’s second impeachment trial. Party spokesman Tim Wigginton told multiple news outlets Sunday that the group’s central committee would meet for the vote Monday night. Burr is one of …

The Hill reports: The North Carolina Republican Party condemned Sen. Richard Burr (R-N.C.) on Saturday for his vote to convict former President Trump during the Senate impeachment trial. Burr was one of seven Republicans who voted to convict Trump of the charge that he incited the violent insurrection that occurred at the U.S. Capitol on January 6. “North Carolina Republicans …

CNBC reports: Sen. Richard Burr will step down as chairman of the Senate Intelligence Committee amid an FBI probe of Burr’s stock sales in the early weeks of the coronavirus pandemic. “Senator Burr contacted me this morning to inform me of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation,” Senate Majority …

NBC News reports: A senior law enforcement official confirms to NBC News that the FBI obtained the cellphone of Sen. Richard Burr pursuant to a search warrant, as part of an investigation of possible insider trading. Burr turned over his phone to agents after they served a search warrant at his Washington, D.C.-area residence. Burr, R-N.C., who chairs the Senate …

ProPublica reports: Sen. Richard Burr was not the only member of his family to sell off a significant portion of his stock holdings in February, ahead of the market crash spurred by coronavirus fears. On the same day Burr sold, his brother-in-law also dumped tens of thousands of dollars worth of shares. The market fell by more than 30% in …

CNN reports: The Justice Department has started to probe a series of stock transactions made by lawmakers ahead of the sharp market downturn stemming from the spread of coronavirus, according to two people familiar with the matter. The inquiry, which is still in its early stages and being done in coordination with the Securities and Exchange Commission, has so far …

From the editorial board of the Charlotte Observer: Seven days have passed since news reports revealed how U.S. Sen Richard Burr profited off the coronavirus while failing to warn his constituents at the early, critical stages of the crisis. It has not been a good week. Burr has been abandoned by fellow Republicans, some of whom have called for his …

Just in from Public Policy Polling: PPP’s newest North Carolina poll finds that a majority of North Carolinians think Richard Burr should resign, and that his approval numbers have plummeted since revelations last week about his stock sales in the wake of the coronavirus. 50% of voters in the state think Burr should resign to 24% who think he should …

The Hill reports: Conservative Fox News host Tucker Carlson called on Sen. Richard Burr (R-N.C.) to resign after reports that he sold off millions in personal stocks the week before the stock market began its steep dive amid fears of the COVID-19 outbreak. “He didn’t give a prime time address, he didn’t go on television to sound the alarm,” Carlson …

ProPublica reports: Soon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $582,029 and $1.56 million of his holdings on Feb. 13 in 29 separate transactions. As the head of the intelligence committee, Burr, a …

NPR reports: The chairman of the Senate Intelligence Committee warned a small group of well-connected constituents three weeks ago to prepare for dire economic and societal effects of the coronavirus, according to a secret recording obtained by NPR. The remarks from U.S. Sen. Richard Burr were more stark than any he had delivered in more public forums. On Feb. 27, …

Roll Call reports: Sen. Richard M. Burr is trying to help out his antsy Senate colleagues. The North Carolina Republican is providing an assortment of fidget spinners and other gizmos to his GOP colleagues at this week’s Thursday lunch. Senators have been restless in the hours and hours they’re spending at their desks on the Senate floor during the impeachment …

The Washington Post reports: Senate Intelligence Committee Chairman Richard Burr (R-N.C.) predicted a Senate impeachment trial would last six to eight weeks, although the top Republican in the chamber, Senate Majority Leader Mitch McConnell (Ky.), has yet to weigh in. Burr made the comment Monday at an event at Wake Forest University with Sen. Mark R. Warner (Va.), the top …

The Hill reports: The Senate Intelligence Committee’s investigation into Russian election interference will extend into 2019 as committee members continue to interview witnesses behind closed doors, the committee’s chairman says. Sen. Richard Burr (R-N.C.) told Bloomberg News on Friday that the committee expects to continue interviewing witnesses next year as the probe is set to begin its third year of …