America First Update: Senator Richard Burr Accused of Insider Trading
Richard Burr (R-N.C.), the senior U.S. Senator from North Carolina, is facing widespread calls for his resignation from the Senate after it has been revealed that he may have engaged in insider trading regarding the Coronavirus.
It has been reported that after receiving a Classified briefing from the government on the projected spread of the Chinese Coronavirus, Burr sold up to $1.72 million in stocks in mid-February, anticipating the coming stock market crash. If true, this would be in direct violation of the Stop Trading On Congressional Knowledge (STOCK) Act, which Burr was one of only three senators to vote against when it passed in 2012.
Burr had already lost much of his popularity amongst Republicans when last year, as Chair of the Senate Intelligence Committee, he issued a subpoena for Donald Trump Jr. over alleged “Russian collusion.” He was widely criticized for the move, with Trump ultimately ignoring the subpoena. As such, the calls for his resignation and prosecution are now bipartisan. His supine response to the Democrat attempts to remove President Trump from office was noted at the time. Now Senator Burr’s future is unsure, with at least a formal ethics investigation likely.
AMERICA First is the newest nationally-syndicated radio show in the United States, part of the Salem Radio Network. The host, Sebastian Gorka PhD., served most recently as Deputy Assistant for Strategy to the President of the United States, Donald J. Trump, and is author of the New York Times bestselling book “Defeating Jihad.” His latest book is “Why We Fight: Defeating America’s Enemies – With No Apologies.” You can follow him on Twitter @SebGorka, on Facebook, and on Instagram @sebastian_gorka. AMERICA First is available on the iTunes podcast app, streams live at www.sebgorka.com, and is on YouTube. You can contact him here.