NC Sen. Richard Burr Under Investigation For Stock Dumps

Mar 24, 2020

In audio obtained by NPR, Sen. Richard Burr predicted the devastating consequences of the COVID-19 outbreak to constituents at a private event on Feb. 27. His public comments around the time did not match that sentiment.
Credit U.S. Congress

A week before the U.S. stock market started to slump, U.S. Sen. Richard Burr sold off a significant portion of his portfolio — while reassuring the public that the nation was prepared for a pandemic. 

The Republican is the chairman of the Senate Intelligence Committee and received classified briefings about the coronavirus, which has critics wondering if he used that information illegally. NPR also reported on a secretly-recorded talk Burr gave to a luncheon of donors about the coronavirus outbreak. The senator shared dire warnings of the impacts of the virus. Meanwhile his public comments about the virus did not convey the same urgency. Host Anita Rao talks to WUNC Capitol Bureau Chief Jeff Tiberii about this controversy and about the role of Burr in the passage of a relief bill on Capitol Hill.