Why does it always seem like anytime a liberal or NeverTrump alleged Republican faces off against President Trump, something bad always seems to happen to them?
The latest example is Richard Burr, whose Senate Committee claimed that Russia worked to get Trump elected just before evidence came out that intelligence said that Putin preferred Hillary because she is more malleable.
The FBI has seized his cell phone after he was caught dumping his stock allegedly because he knew about the impending DTMNBN (DISEASE THAT MUST NOT BE NAMED) crisis. Burr dumped $1.72 million in stock just one week before the market collapsed.
The situation for Burr got worse after it was discovered that his brother in law dumped $280,000 in stock on the very same day as Burr.
It is believed that the FBI seized the phone to see who Burr may have contacted about the stock market. Dumping his stock save Burr from losses from the stock market collapse.
The FBI served the warrant for the phone at Burr’s residence in Washington D.C. They want to know about conversations he had with his stockbroker before, during and after his sell-off.
The LA Times noted:
“Such a warrant being served on a sitting U.S. senator would require approval from the highest ranks of the Justice Department and is a step that would not be taken lightly.”
Burr drew the attention of lawmakers after it was revealed he sold off thousands of dollars worth of stock on February 13—less than a week before the stock market sharply dropped because of the coronavirus pandemic. Most of the shares were in companies like Wyndham Hotels and Resorts and Hilton that took an especially hard hit as coronavirus travel restrictions went into place. Burr’s timely decision to sell netted him between $628,000 and $1.72 million.
More troubling is that Burr’s decision to sell came as his committee was receiving daily briefings on the threat posed by the virus. As such, many speculate the senator may have acted on insider information to protect his assets. If true, Burr could be found in violation of the STOCK Act, which prohibits the use of non-public information for private profit by lawmakers.
The FBI’s seizure of Burr’s phone comes only days after it was reported that his brother-in-law, a political appointee of President Donald Trump, dumped upwards of $280,000 in stock on the same day as the senator.
Steven is a syndicated columnist for DavidJHarrisJr.com, The Range and other news websites. He is also an author, whose books can be found on Amazon.com. All enjoy a 5 star rating. They are A Walk Through the Willows, Melissa’s Song, The Tangled Web, Innocent, The Calculating Corpse and It’s All About me.