Oklahoma Sen. Jim Inhofe Also Caught In Stock Dumping Scandal After Cashing Out $450,000 Amid COVID-19 Outbreak
Several Republican Senators faced a massive scandal on Thursday after public filings revealed that they had sold large stock holdings after receiving private briefings on the coronavirus outbreak.
Sen. Richard Burr (R-NC), Sen. Ron Johnson (R-WI), and Sen. Kelly Loeffler (R-GA) have been implicated in the scandal.
Now conservative Oklahoma Sen. Jim Inhofe has also been caught up, after reporting he made a massive sales of stock in late February.
So uhhh… that all-senators Senate Health Committee briefing was on 1/24, right? pic.twitter.com/VuIQhClgt1
— southpaw (@nycsouthpaw) March 20, 2020
There have been calls for the implicated lawmakers to resign from office over the scandal.
Fox News host Tucker Carlson is calling on Sen. Richard Burr (R-N.C.) to explain why he sold between $628,000 and $1.72 million in stock after receiving advanced briefings on the looming coronavirus threat.
And if he can’t, Carlson said Burr must resign from the Senate and face prosecution for insider trading.
“He had inside information about what could happen to our country, which is now happening, but he didn’t warn the public,” Carlson said, adding:
“He didn’t give a prime time address. He didn’t go on television to sound the alarm. He didn’t even disavow an op-ed he’d written just 10 days before claiming America was, quote, ’better prepared than ever for coronavirus.′ He didn’t do any of those things. Instead, what did he do? He dumped his shares in hotel stocks so he wouldn’t lose money. And then he stayed silent.”
Snare your thoughts.