Burr, some other senators sold lots of stock as virus fears started [CBS News]
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Source: CBS News
Richard Burr, some other senators sold lots of stock as virus fears started March 20, 2020 / 4:31 AM Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus outbreak Several other senators sold big stock stakes around the same time, Senate records reveal. The documents show that Burr and his wife sold between roughly $600,000 and $1.7 million in 33 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus. Several of the stocks were in companies that own hotels. Burr's stock sales were first reported by ProPublica The Center for Responsive audio obtained by National Public Radio NPR said Burr told a small North Carolina audience the virus was "much more aggressive in its transmission than anything that we have seen in recent history" and
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