Business

Benzinga

4 Senators Dumped Millions In Stock Weeks Before Coronavirus Pandemic Hit US

Republican senators Richard Burr, Kelly Loeffler and James Inhofe, along with democrat Dianne Feinstein, dumped stocks worth millions ahead of the financial markets plunge in the United States in February, multiple reports suggested Thursday.Burr Sold Up to $1.73M Worth Shares In Worst-Hit Businesses North Carolina senator Burr, who is the chairman of the Senate Intelligence Committee, sold shares priced at anywhere between $628,000 to $1.73 million in 33 separate transactions on February 13, ProPublica reported Thursday.As the intelligence chief, Burr is entitled to privileged information about matters related to America’s security and was receiving daily updates about the spread of the deadly novel coronavirus (COVID-19) globally, as Reuters noted earlier.Burr and

Read More At Article Source | Article Attribution