Featured News

3 Corrupt Senators Who Voted To Acquit Trump Insider Traded Away Stocks Before Coronavirus Crash

Published by

Three Senate Republicans who voted to acquit Donald Trump in the impeachment trial used insider information to sell stocks and save money before the coronavirus crash.

Sens. Richard Burr, Kelly Loefflers and James Inhofe all voted to acquit Trump and dumped their stock to avoid the crash.

Via The New York Times:

The record of Mr. Burr’s stock transaction shows he and his wife sold 33 different stocks on Feb. 13 that were collectively worth $628,000 to $1.7 million, according to the disclosures filed with the secretary of the Senate.

Advertisement

….

Mr. Inhofe sold a large amount of stock — all on Jan. 27 — including holdings in PayPal, Apple and Brookfield Asset Management, a real estate company, with the overall value of the sales totaling as much as $400,000, a disclosure report shows.

Ms. Loeffler and her husband, Jeffrey C. Sprecher, who is the chairman of the New York Stock Exchange, reported 27 stock sales worth millions of dollars starting on Jan. 24. On that day, Ms. Loeffler tweeted about attending the Senate briefing on the coronavirus. The stocks the couple sold were in companies including Exxon Mobil, Ross Stores and AutoZone.

Sen. Dianne Feinstein’s husband also sold stock, but her assets are in a blind trust that she has nothing to do with,

Advertisement
Advertisement
and the stock that was sold was losing money before the coronavirus market crash.

It appears that the three Republicans who dumped their stock did so based on insider information that they learned in Senate briefings. Using such information for personal gain is a violation of the STOCK Act.

The problem is that any prosecution of the Senators would be handled by the Department of Justice and Trump’s Attorney General William Barr.

Trump’s corruption is a symptom of larger systemic corrupt behavior within the Republican Party.

It isn’t a surprise that the same Republicans who turned a blind eye to Trump’s crimes are committing crimes of their own.

Advertisement
Published by

Recent Posts

Greg Abbott Attacks Biden During Texas Synagogue Hostage Crisis

As four worshippers are being held hostage at a synagogue in Texas, Gov. Greg Abbott…

11 hours ago

Trump Will Hold A Stale Rally Saturday Night In An Entirely Changed World

The floodgates are necessarily opened now. Trump's pre-January 6th crimes, the pressure on states, the…

15 hours ago

DirecTV Kills One America News With Plan To Drop Them

One America News (OAN) gets 90% of their revenue from DirecTV, so the provider's plan…

18 hours ago

Trump Makes It Clear To Pennsylvania GOP That He Is Out To Steal 2024

Trump isn't trying to hide what he wants to do in 2024, as he told…

19 hours ago

Tucker Carlson Defends Domestic Terrorists Who Called Pelosi’s Office Looking For Evidence They Left Behind

Tucker Carlson claimed that the domestic terrorists who attacked the Capitol were innocent because they…

20 hours ago

Ohio Supreme Court Strikes Down Gerrymandered GOP Map For Partisan Bias

The Ohio Supreme Court has struck down the state's gerrymandered US Congressional districts map for…

2 days ago

This website uses cookies.