Amid Insider Trading Probe, Burr to Step Down from Intelligence Committee
Summary from the AllSides News Team
Featured Coverage of this Story
From the Left
Richard Burr Steps Down From Chairmanship of Senate Intelligence CommitteeSen. Richard Burr will be stepping aside as chairman of the Senate Intelligence Committee during the investigation into his stock trades, Senate Majority Leader Mitch McConnell announced Thursday.
“Senator Burr contacted me this morning to inform me of his decision,” McConnell wrote in a statement. “We agreed that this decision would be in the best interests of the committee and will be effective at the end of the day tomorrow.”
FBI agents served a search warrant to Burr at his Washington, D.C.-area home on Wednesday night as part of an...
From the Left
Burr to step down as Senate Intelligence chair amid insider trading probeSenate Majority Leader Mitch McConnell (R-Ky.) announced Thursday that Sen. Richard Burr (R-N.C.) is stepping down from his position as chairman of the Senate Intelligence Committee pending an investigation into possible insider trading.
Why it matters: The news comes one day after reports that the FBI seized Burr's phone as part of the investigation. Burr, who had access to classified briefings about the coronavirus, dumped between $582,029 and $1.56 million in March just prior to the market crash. He has denied wrongdoing.
From the Right
Sen. Burr steps aside as Intelligence Committee chairman amid stock sale investigationRepublican Sen. Richard Burr has stepped aside as chairman of the Senate Intelligence Committee amid an investigation into his stock sales during the early stages of the coronavirus outbreak.
Senate Majority Leader Mitch McConnell announced the development in a brief statement Thursday, saying:
“Senator Burr contacted me this morning to inform me of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation. We agreed that this decision would be in the best interests of the committee and will be effective at the...
AllSides Picks
May 13th, 2024
May 12th, 2024
May 11th, 2024
May 10th, 2024
Discuss & Debate economy and jobs
Introduction to Living Room Conversations
May 15 at 12pm PT / 3pm ET Living Room Conversations