Tag: Sen. Burr

Burr problem grows for GOP

The Hill logoSen. Richard Burr’s (R-N.C.) decision to temporarily step down as chairman of the Senate Intelligence Committee amid an FBI probe into his stock transactions shook Senate Republicans on Thursday.

While Republicans praised Burr for standing down and offered support for a colleague, they acknowledged the FBI’s seizure of Burr’s cellphone created difficult optics for Republicans battling to retain their Senate majority.

One Republican senator who requested anonymity to comment on the political problem created by the FBI raid said the best-case scenario would be for Burr to be exonerated by the Justice Department before the Nov. 3 elections. Continue reading.

Burr to step down as Senate Intelligence chair amid insider trading probe

Axios logoSenate 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.

What they’re saying:

  • McConnell: “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 end of the day tomorrow.” Continue reading.

Secret recording reveals top GOP senator privately warned of deadly coronavirus weeks ago — even as he kept public in the dark

AlterNet logoThree weeks ago in late February, right-wing media — from radio host Rush Limbaugh to Fox News and Fox Business — was full of Republicans and supporters of President Donald Trump insisting that the mainstream media were exaggerating the threat of coronavirus in order to harm Donald Trump’s presidency (Fox, like Trump, has since shifted its tone). But it was also three weeks ago, on February 27, that Sen. Richard Burr, the North Carolina Republican who chairs the Senate Intelligence Committee, was privately warning about how dangerous coronavirus was. And National Public Radio (NPR) has obtained a recording of Burr’s disturbing assertions.

According to NPR’s Tim Mak, Burr addressed the COVID-19 threat at a private luncheon organized by a North Carolina group called the Tarheel Circle. And Burr, in the recording, is heard warning that coronavirus is “much more aggressive in its transmission than anything that we’ve seen in recent history. It’s probably more akin to the 1918 pandemic.”

Burr’s comments, according to NPR, “raise questions” about why that private audience was getting a “a more frank assessment than the general public” was getting at the time. The recording, Mak noted during a March 19 appearance on NPR’s “Morning Edition,” was provided by “an attendee who became alarmed about Burr’s dire warnings” and “began to record.” Continue reading.

This senator sold up to $1.6 million in stocks before market crash — after reassuring us about coronavirus

AlterNet logoSoon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $582,029 and $1.56 million of his holdings on Feb. 13 in 29 separate transactions.

As the head of the intelligence committee, Burr, a North Carolina Republican, has access to the government’s most highly classified information about threats to America’s security. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story.

A week after Burr’s sales, the stock market began a sharp decline and has lost about 30% since. Continue reading.

Drama hits Senate Intel panel’s Russia inquiry

Drama is building around the Senate Intelligence Committee’s Russia investigation after the panel’s top Republican and Democrat clashed over what their findings reveal two years after they opened their inquiry.

The Senate probe is viewed as the most bipartisan congressional investigation into Russian interference, with committee Chairman Richard Burr (R-N.C.) and Vice Chairman Mark Warner (D-Va.) walking in lockstep on most matters.

However, fractures have emerged recently after Burr publicly stated that none of their evidence indicates the Trump campaign conspired with Russia during the 2016 presidential campaign.

View the complete February 14 article by Olivia beavers and Morgan Chalfant on The Hill website here.