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Politics : Formerly About Advanced Micro Devices

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To: locogringo who wrote (1229744)	5/14/2020 12:33:19 PM
From: Mongo2116	2 Recommendations Read Replies (6) of 1574491

are there any honest republicans????? Sen. Burr stepping down as intel chair amid FBI probe into stock sales Sen. Richard Burr, a North Carolina Republican, has denied any wrongdoing in his February sales of up to $1.7 million worth of stock. The sales were made after he received closed-door briefings on the coronavirus. (Source: CNN/POOL) By CBS 17 Digital Desk \| May 14, 2020 at 12:26 PM EDT - Updated May 14 at 12:26 PM WASHINGTON (WNCN) – Sen. Richard Burr is stepping down as chairman of the Senate Intelligence Committee after the FBI seized his cellphone as part of a probe into controversial stock sales at the induction of COVID-19 in the United States. U.S. Senate Majority Leader Mitch McConnell (R-KY) released a statement that said Burr informed him earlier Thursday about his decision to step aside as chairman. “We agreed that this decision would be in the best interests of the committee and will be effective a the end of the day tomorrow,” McConnell said. On Wednesday, the Republican North Carolina senator turned over his phone as federal agents served a search warrant at his Washington home. The FBI reached out to Burr in late March to determine whether he exploited advance information when he dumped as much as $1.7 million in stocks in the days before the coronavirus wreaked havoc on the economy. Burr’s selloff amounted to between $628,000 and $1.72 million. The stock sales were first reported by ProPublica and The Center for Responsive Politics. He was one of several senators whose financial dealings generated scrutiny in recent months.

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