DOJ Won’t Pursue Insider Trading Charges Against Sen. Richard Burr

The Department of Justice on Tuesday closed its investigation into Sen. Richard Burr regarding stock sales and will not press charges, ending the last insider trading investigation into a member of Congress.hearing on June 30, 2020 in Washington, DC.Burr was under investigation for selling off $628,000 and $1.72 million worth of stock in February before the coronavirus tanked the market, prompting concerns he used non-public information to avoid the financial fallout from the virus.

The scandal has followed Burr since March, forcing him to resign as chair of the Senate Intelligence Committee.Burr has denied any wrongdoing, saying he only relied on public news reports to make the decision to sell off stock."Tonight, the Department of Justice informed me that it has concluded its review of my personal financial transactions conducted early last year," Burr said in a statement."The case is now closed. I'm glad to hear it.

Public officials who are privy to sensitive and classified information should not be allowed to own/actively trade stocks. This is common sense. What did we expect?

Uhhhhhhh... Just wait until 12:01pm tomorrow...

The day before a new administration starts, DOJ’s acting head closes the case against Burr? Come on now. Hopefully Merrick Garland will revisit this decision.

I’m reading , close the case before new set of Justice

Elites are protected. Why? If I traded stocks on inside information, I’d be going to prison.

Shameless

Of course not.

wow

The DOJ is worthless

Curious timing. What possibly could have prompted this?

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