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You are here: Home / Richard Burr: Senator ‘quitting as intelligence committee chairman as FBI seizes phone’

Richard Burr: Senator ‘quitting as intelligence committee chairman as FBI seizes phone’

A US politician is stepping down as chairman of the Senate intelligence committee after his mobile phone was seized by FBI agents, reports say.Republican senator Richard Burr is being investigated over his share dealings before the US stock market crashed earlier this year because of the coronavirus pandemic.There are reports that Mr Burr and other senators sold shares after being briefed privately on the risks of the COVID-19 crisis.The FBI is apparently investigating whether Mr Burr broke any laws over these transactions.Mr Burr has denied any wrongdoing and said he relied solely on news reports to guide decisions on stock sales. Advertisement The US Justice Department has reportedly been investigating trades that Mr Burr made since March.He apparently sold shares in dozens of companies, including many in sectors hard-hit by the pandemic, such as the hotel, restaurant and shipping industries. More from Covid-19 Coronavirus: Dozens may have been infected with COVID-19 at Wisconsin anti-lockdown rally Coronavirus: Blind people shouted at in the street for not social distancing LIVE: Reliable antibody test to be rolled out ‘rapidly in days and weeks to come’ Coronavirus: The UK’s top civil servant had COVID-19 at the same time as the PM. The public weren’t… Read full this story

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Richard Burr: Senator 'quitting as intelligence committee chairman as FBI seizes phone' have 302 words, post on news.sky.com at May 14, 2020. This is cached page on Drudgereport. If you want remove this page, please contact us.

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