FBI agents reportedly seized a North Carolina senator’s cell phone Wednesday as part of a judicial investigation into the lawmaker’s eyebrow-raising stock trade at the start of the Corona virus crisis.
Sen. Gregory, a North Carolina Republican who chairs the Senate Intelligence Committee. Richard Burr handed over his phone to agents after an anonymous officer served him with a search warrant at a Washington-area home. Told Yahoo News.
At the end of March, the Justice Department began looking into the Burr transactions to find out if he had violated a law that prevented members of Congress from trading internal information obtained through their jobs.
Just a week before COVID-19’s aggressive spread diluted the market, Burr sold $ 1.7 million in publicly traded stocks. He is one of a handful of legislators who have received confidential briefings on the virus from US health officials.
Burr threw his stock while publicly minimizing the risks of the virus in media appearances op-eds.
The Senator has called on the Senate Ethics Committee to review the sale, saying his transactions are based solely on media reports.
Burr’s office declined to comment on the report Wednesday night.