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FBI Seizes Cellphone of Sen. Richard Burr over Pre-Pandemic Stock Sales

HeadlineMay 14, 2020

Federal agents with a search warrant on Wednesday seized the cellphone of United States Senator Richard Burr, chair of the Senate Intelligence Committee. The North Carolina Republican is under scrutiny for selling as much as $1.7 million worth of stock after receiving privileged briefings about the threat of the coronavirus before the pandemic led markets to crash. It’s an apparent violation of the STOCK Act — the Stop Trading on Congressional Knowledge Act.

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