Tags: Coronavirus | burr | senate intelligence | chairman | step down

Sen. Burr Steps Down as Intel Chairman

Sen. Burr Steps Down as Intel Chairman
(Mark Wilson/Getty Images)

By    |   Thursday, 14 May 2020 12:28 PM

Republican Sen. Richard Burr is stepping down Friday as chairman of the Senate Intelligence Committee.

The North Carolina senator's move comes a day after the FBI seized his cellphone in a probe of his stock sales during the early weeks of the coronavirus pandemic.

Senate Majority Leader Mitch McConnell announced Burr's decision in a statement Thursday:

“Senator Burr contacted me this morning to inform me of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation. We agreed that this decision would be in the best interests of the committee and will be effective at the end of the day tomorrow.”

FBI officials showed up at Burr's home with the warrant Wednesday, marking a significant escalation into the Justice Department's investigation into whether Burr broke the law with a well-timed sale of stocks before the coronavirus caused markets to plummet,

The Justice Department declined to comment. His layer did not respond to phone and email messages from The Associated Press, but said last month that the law is clear that any senator can participate in stock market trading based on public information “as Sen. Burr did."

This report contains material from The Associated Press.

© 2020 Newsmax. All rights reserved.


   
1Like our page
2Share
Newsfront
Republican Sen. Richard Burr is stepping down Friday as chairman of the Senate Intelligence Committee.His move comes a day after the FBI seized his cellphone in a probe of his stock sales during the early weeks of the coronavirus pandemic.
burr, senate intelligence, chairman, step down
201
2020-28-14
Thursday, 14 May 2020 12:28 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved