US Senator accused of trying to cash in on coronavirus

US Senator accused of trying to cash in on coronavirus

The head of the Senate intelligence committee, Richard Burr, will resign after being accused of insider trading and attempting to cash in on coronavirus information. It is reported by BBC News.
The Federal Bureau of Investigation (FBI) has begun a review of the actions of a senator from North Carolina. Employees seized a member of Congress as part of the investigation.
In February, just before the start of the global economic crisis, Burr and his wife sold $ 1.7 million worth of securities. He also warned large North Carolina companies of the imminent threat posed by the coronavirus pandemic.
Members of Congress are not allowed to trade in the securities market using non-public information obtained by them in the line of duty.
Earlier, Burr tried in various ways to minimize the danger of coronavirus, for which he was subjected to serious criticism from the public.
According to recent data, in the United States, the number of people infected with coronavirus exceeded 1.4 million. The number of virus victims in the country has reached almost 85 thousand. Most deaths are recorded in New York State (27,567). During the epidemic, 243,430 people were cured.

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