Sen. Richard Burr dumped hundreds of thousands in stocks shortly after reassuring the public that the US was prepared to handle the coronavirus.
Republican Sen. Richard Burr of North Carolina unloaded hundreds of thousands of dollars in stocks shortly after publicly downplaying the enormous risk of the novel coronavirus, ProPublica reported.
In a February 7 op-ed for Fox News, Burr — along with fellow Republican Sen. Lamar Alexander, of Tennessee — acknowledged that"Americans are rightfully concerned about the coronavirus" at a time when the number of cases in China were still skyrocketing. He made a total of 29 separate transactions. Seven of those were for amounts between $1,001 and $15,000; 15 transactions were for amounts between $15,001 and $50,000; and seven were for amounts between $50,001 and $100,000.
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