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Republican senators criticised over reports of stock sale before market meltdown

WorldNews Friday, 20 March 2020 ()
Republican senators criticised over reports of stock sale before market meltdownTwo Republican senators faced calls to resign on Friday over media reports they sold substantial amounts of stock before the global coronavirus-induced market meltdown after receiving private briefings on the outbreak. Senate Intelligence Committee chairman Richard Burr sold between $628,000 (€ 587,000) and $1.7 million (€ 1.5m) worth of stock on February 13th, in 33 separate transactions, after offering public assurances the government was ready to battle the virus, according to nonprofit investigative journalism group ProPublica. Mr Burr’s committee has been receiving daily updates on the outbreak. Two weeks after the stock sale, the...
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Credit: Rumble - Published
News video: Republican Senators Defend Selling Stocks During Coronavirus Outbreak

Republican Senators Defend Selling Stocks During Coronavirus Outbreak 00:32

Two Republican senators received criticism for selling substantial amounts of stocks before the market meltdown. According to Reuters, the senators are defending their actions among calls for them to resign. Senate Intelligence Committee Chairman Richard Burr sold up to $1.7 million worth of stock....

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