Stocks

SEC: Richard Burr, Brother-in-Law Used ‘Nonpublic Information’ to Trade Stocks Before Market Dropped

Sen. Richard Burr (R-NC) had “material nonpublic information” revolving around the coronavirus pandemic’s impact when he directed his stockbroker to dump over $1.6 million in stocks a week before the market drastically dropped in March of last year, in addition to telling his brother-in-law who then did the very same, according to federal court filings.

WASHINGTON, DC - SEPTEMBER 30: Sen. Richard Burr (R-NC) gives an opening statement during a Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during Covid-19 at Capitol Hill on September 30, 2021 in Washington, DC. (Photo by Greg Nash- Pool/Getty Images)

Exclusive: Ethics Watchdog Files Complaint Requesting Investigation into Democrat Katherine Clark’s Stock Transactions

The Foundation for Accountability and Civic Trust (FACT), a non-partisan ethics watchdog, will file a complaint with the Office of Congressional Ethics (OCE) calling for an investigation of Democrat Rep. Katherine Clark (MA), the Assistant Speaker of the House and close confidant of House Speaker Speaker Pelosi (D-CA), for failing to disclose stock transactions.

WASHINGTON, DC - JANUARY 09: House Democratic Caucus Vice Chair Katherine Clark (D-MA) (R) listens as House Democratic Caucus Chairman Rep. Hakeem Jeffries (D-NY) speaks during a news conference after a caucus meeting at the U.S. Capitol January 9, 2019 in Washington, DC. House Democrats gathered to discuss the Democratic …