GOP Sens Hit With Ethics Complaint Over Coronavirus Insider Trading Scandal: ‘They Should Be Investigated’
The government watchdog group Citizens for Responsibility and Ethics in Washington (CREW) is filing ethics complaints against Republican Senators Richard Burr of North Carolina and Kelly Loeffler of Georgia after they took part in a scandal surrounding the ongoing coronavirus.
According to recent reports. both Burr and Loeffler dumped hundreds of thousands to millions of dollars worth of stock as the coronavirus began to unfold while telling the public that everything would be fine.
CREW filed a complaint, calling for an investigation into the two.
“Senators Richard Burr and Kelly Loeffler should be investigated for possible violations of the STOCK Act, insider trading laws and ethics rules when they sold millions of dollars in stock assets after receiving nonpublic briefings about the coronavirus outbreak,” the group wrote in a press release this Friday.
The Washington Post reports that other senators, including Dianne Feinstein (D-CA) and James M. Inhofe (R-OK) are also facing questions about the timing of their own stock sell-offs.