{"id":1635278,"date":"2022-09-07T10:49:34","date_gmt":"2022-09-07T14:49:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1635278"},"modified":"2022-09-07T10:49:53","modified_gmt":"2022-09-07T14:49:53","slug":"senator-profited-more-than-164000-from-well-timed-trades-document","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senator-profited-more-than-164000-from-well-timed-trades-document\/","title":{"rendered":"Senator Profited More Than $164,000 From Well-Timed Trades: Document"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenator-profited-more-than-164000-from-well-timed-trades-document%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1635278&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Sen. <a href=\"https:\/\/www.theepochtimes.com\/t-richard-burr\">Richard Burr<\/a> (R-N.C.) made more than $164,000 from well-timed trades that were executed after <a href=\"https:\/\/www.theepochtimes.com\/senators-sold-stocks-after-receiving-briefings-on-new-virus-from-china_3279573.html\">receiving briefings<\/a> on COVID-19 before the pandemic was declared, according to a newly unsealed document.<\/p>\n<p>Shares held by Burr\u2019s wife Brooke in\u00a0insurance and telecommunications companies were sold on Jan. 30, 2020, just hours before the White House announced that the United States was banning travelers from China due to COVID-19, the document says.<\/p>\n<p>On Feb. 7, 2020, Burr co-authored an op-ed stating that the United States was \u201cbetter prepared than ever before to face emerging public health threats, like the coronavirus, in large part due to the work of the Senate Health Committee, Congress, and the Trump Administration.\u201d Five days after that, Burr bought $1.1 million in U.S. Treasury funds, which are often purchased as a hedge against a market decline. The following day, Burr moved to sell nearly all the stock he and his wife held.<\/p>\n<p>\u201cSenator Burr explained that he was uncomfortable with a lot of things in the market and other things generally happening around the world; that Burr discussed the fact that there had been a long bull market and that it was due for a correction; and that the surge of Bernie Sanders in the Democratic party\u2019s nomination process was a risk to the market,\u201d according to the document, <a href=\"https:\/\/www.documentcloud.org\/documents\/22276092-burr-warrant-affidavit\">an unsealed search warrant affidavit<\/a> authored by an FBI agent.<\/p>\n<p>\u201cSenator Burr also discussed COVID-19, saying that it was a concern, that the virus could affect the stock market, and that it was an epidemic in China. [redacted] Senator Burr also discussed supply chains and the fact that U.S. companies depended on Chinese suppliers. [redacted] Senator Burr did not specifically reference any briefings or information he received in his capacity as a Member of Congress. [redacted] did not recall Burr mentioning CNBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sen. Richard Burr (R-N.C.) made more than $164,000 from well-timed trades that were executed after receiving briefings on COVID-19 before the pandemic was declared, according to a newly unsealed document. Shares held by Burr\u2019s wife Brooke in\u00a0insurance and telecommunications companies were sold on Jan. 30, 2020, just hours before the White House announced that the [\u2026]<\/p>\n","protected":false},"author":75,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1635278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1635278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1635278"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1635278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1635278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1635278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1635278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}