FEINSTEIN HAS SPENT HER ENTIRE POLITICAL LIFE STALKING THE HALLS OF CONGRESS FOR DEALS THAT HAVE PUT MULTIPLE FORTUNES INTO HER HUSBAND RICHARD BLUM'S BOTTOMLESS POCKET.
SHE HAS VOTED AGAINST ANY AND ALL ATTEMPTS TO CLEAN UP THE U.S. SENATE'S CORRUPTION AS ALL DOORS WOULD HAVE LED TO HER!
FEINSTEIN HAS ACCUMULATED $50 MILLION DOLLARS IN MANSIONS WHILE IN ELECTIVE OFFICE. DO A SEARCH FOR HER $20 S.F. WAR PROFITEER'S MANSION.
Can Congress Really Use Insider Information to Trade Stocks? | Robert Reich
Revealed: Four senators dumped millions in stocks while Capitol Hill was being briefed on the coronavirus threat but BEFORE markets started tanking
· Richard Burr, head of the Senate Intelligence Committee which was directly briefed on coronavirus, sold up to $1.7m in stock between January and February
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· Dianne Feinstein, on the same committee, sold up to $6m in stock in same period
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· Kelly Loeffler, on the Senate Health Committee, sold up to $3.1m in stock starting on the day her committee was briefed by the CDC
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· James Inhofe sold up to $400k in stocks including real estate all on January 27
· Coronavirus symptoms: what are they and should you see a doctor?
By NIKKI SCHWAB, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM and CHRIS PLEASANCE FOR MAILONLINE
Four senators dumped millions of dollars worth of stock while Capitol Hill was being briefed on the threat of coronavirus but before the markets tanked as infections soared, disclosure records have revealed.
Republicans Richard Burr, Kelly Loeffler and James Inhofe and Democrat Dianne Feinstein collectively offloaded up to $11million in stock between late January and early February, according to records seen by The Daily Beast, New York Times and ProPublica.
Burr, chair of the Senate Intelligence Committee that was directly briefed on coronavirus, sold up to $1.7million in stock including in hotels, according to reporting from ProPublica.
Feinstein, a member of the same committee, sold up to $6million in stock including in a biotech firm.
Loeffler dumped up to $3.1million in investments starting on the day the Senate Health Committee, which she sits on, was briefed by the CDC. Meanwhile James Inhofe sold up to $400,000 in stock including real estate.
Loeffler and Feinstein have defended themselves, saying their stocks are invested in trusts and portfolios that they have no personal control over. Inhofe has not commented.
Burr's spokeswoman said in a statement to DailyMail.com that Burr filed his financial disclosure form several weeks before the markets showed 'volatility.'
The Stop Trading on Congressional Knowledge Act prohibits members of Congress from insider trading based on classified information they have received in briefings.
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The chairman of the House Intelligence Committee, Sen. Richard Burr, knew of the coming coronavirus crisis three weeks ago and divulged details of the chaos that would ensue to a group of well-heeled constituents
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Sen Kelly Loeffler (pictured) reportedly sold $3.1million in stock with the first sale made on January 24, the same day her committee was briefed by the CDC
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Sen. Jim Inhofe, a Republican from Oklahoma, sold up to $400k all on January 27
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Dianne Feinstein who sits on the Intelligence Committee which was also briefed on coronavirus, sold up to $6m in stock
According to The Daily Beast, Sen Kelly Loeffler and her husband, Jeffrey Sprecher, the chairman of the New York Stock Exchange, sold $3.1million in stock between late January and early February.
The first sale was in the firm Resideo Technologies worth between $50,001 and $100,000 and made on January 24, the same day her committee - the Senate Health Committee - held a briefing with the CDC.
The stock has since halved in value.
During the same period the couple made just two purchases, one of which was stock in a tele-working company that has seen an increase in price amid office shutdowns.
Meawnhile Richard Burr, Republican chair of the Senate Intelligence Committee which was being briefed on coronavirus, offloaded between $582,029 and $1.56million of his stock holdings in mid-February.
Burr later went on to warn people at a meeting in Washington that coronavirus was likely to cause significant disruption to businesses, even as Donald Trump was playing down the threat.
Dianne Feinstein, a Democratic member of the same committee, and her husband also sold between $1.5 million and $6 million in stock in California biotech company between late January and mid-February.
Elsewhere James Inhofe, Republican of Oklahoma, sold stocks totaling $400,000 on January 27 including shares in PayPal, Apple and Brookfield Asset Management, a real estate company.
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Loeffler's sell-off began the same day the committee she sits on was briefed by the CDC, which she later tweeted about
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Loeffler has defended herself, saying her money is invested in a portfolio she has no control over. Feinstein also said her stocks are held in a blind trust, which she does not control
ProPublica reported that on February 13 Burr sold of stock holdings in 29 separate transactions. A week later the stock market started its downward trend, now losing about a third of its value.
Burr dumped $150,000 worth of shares of Wyndham Hotels and Resorts stock and $100,000 worth of shares of Extended Stay America.
The hospitality industry has been one of the worst shattered in this collapse.
Then, on February 27 Burr gave well-heeled constituents from the Tar Heel State a dire warning about the kind of chaos the coronavirus could cause.
The North Carolina Republican is heard on a secret recording obtained by NPR telling members of the Tar Heel Circle on February 27 that the coronavirus was 'much more aggressive in its transmission than anything that we have seen in recent history.'
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Burr talked to members of the Tar Heel Circle, a group that charges $500 to $10,000 for membership, at the Capitol Hill Club, a private social club for Republicans located steps away from the Capitol Building
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At the Capitol Hill Club (pictured), Burr spelled out the anticipated widespread disruptions that would be caused by the coronavirus outbreak, statements he wasn't making publicly
'It is probably more akin to the 1918 pandemic,' Burr told the group, who pay between $500 and $10,000 for membership of the group, according to NPR's reporting.
In a series of tweets, Burr pushed back and said he was addressing the membership of the North Carolina State Society. 'The message I shared with my constituents is the one public health officials urged all of us to heed as coronavirus spread increased,' he also said.
A spokesman for Feinstein said that all of her stock holdings are in a blind trust, and that she has no involvement in financial decisions made by her husband.
The luncheon that was taped was held at the Capitol Hill Club, a social club for Republicans located steps away from the Capitol Building.
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Rep Alexandria Ocasio-Cortez led the calls for the resignations of both Koeffler and Burr shortly after the news broke on Thursday
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US Senator Richard Burr steps down as intelligence chairman amid investigation into pre-pandemic stock dump
By Jacob Crosse
15 May 2020
As part of an ongoing Justice Department and Securities and Exchange Commission’s probe into insider trading conducted by prominent US senators, Federal Bureau of Investigation (FBI) agents have seized the personal cell phone of North Carolina senator Richard Burr.
BLOG: FEINSTEIN, WHO HAS SPENT HER ENTIRE POLITICAL LIFE PUSHING FOR AND VOTING FOR DEALS THAT WOULD FILL HER HUSBAND'S POCKETS HAS ALWAYS FACED SERIOUS ETHICS CHARGES. SHE SIMPLY GAMES THEY CORRUPT SYSTEM AND AS HER PIMP-HUSBAND HANDS OUT BRIBES TO ALL DEMS SO THEY KEEP THEIR MOUTHS SHUT ABOUT FEINSTEIN'S 'DEALS'.
A spokesperson for Dianne Feinstein has also confirmed that FBI agents have questioned the California senator regarding her and her husband's selling of up to $6 million worth of stock between January 31 and February 18. Feinstein has maintained her innocence, pleading ignorance as to her husband’s actions.
It was revealed by several media investigations as well as senate disclosure forms in March, that senators Burr and Feinstein, as well as James Inhofe and Kelly Loeffler, sought to secure their personal wealth at the expense of society by selling millions of dollars in stock, prior to the market’s collapse and after receiving classified intelligence briefings on the emerging threat of the coronavirus beginning on January 24.
Chairman Richard Burr, R-N.C., gives opening remarks at a Senate Intelligence Committee hearing for a nomination hearing for Rep. John Ratcliffe, R-Texas, on Capitol Hill in Washington, Tuesday, May. 5, 2020. (AP Photo/Andrew Harnik, Pool)
As the virus spread unchecked throughout the country, Burr sought to soften the threat of the virus while buttressing the government's preparedness efforts. Burr coauthored an opinion piece for Fox News on February 7 arguing that “the United States today is better 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.”
But when speaking to affluent campaign contributors on February 27, Burr made more direct warnings. Members of the Tar Heel Circle, who pay between $500 and $10,000 in dues, were truthfully warned by Burr, that far from being a minor flu,“[COVID-19] is probably more akin to the 1918 pandemic.”
In order for a warrant to be executed on a sitting senator, such as Burr, the signature of Attorney General William Barr is required. As Chair of the Senate Intelligence Committee, Burr oversaw investigations into, and suppressed findings that could shed light on, the murderous and illegal activities of the CIA, FBI and NSA. The purpose of the warrant was to obtain phone records and conversations between Burr and his stockbroker, according to reports.
As of this writing, it does not appear that Inhofe nor Loeffler have been questioned by authorities, nor served any warrants, despite both engaging in similar activity as Burr and Feinstein.
According to Burr’s senate disclosure forms, he and his wife sold 33 different stocks on a single day, February 13, worth between $628,000 and $1.72 million. The sales represent the most stock Burr had sold in over a year and a significant portion of his estimated $3.1 million net worth according to Opensecrets.org. ProPublica reported last week that Burr’s brother-in-law, Gerald Fauth, sold between $97,000 and $280,000 worth of shares the exact same day as Burr. Fauth was appointed by Donald Trump to the National Mediation Board, the federal agency that coordinates labor-management relations within the railroad and airline industries, in 2017.
As with his connected brother-in-law, Fauth chose to divest from several businesses that were soon to see a precipitous drop in stock value, including several major oil companies. Fauth sold $50,000 worth of Chevron; between $1,001 and $15,000 of BP and between $15,001 and $50,000 of Royal Dutch Shell stock.
FBI agents served the now-former chair of the powerful Senate Intelligence Committee with a warrant to seize his cell phone at his Washington D.C. home on Wednesday evening. On Thursday, Burr delivered a letter to Senate Majority Leader Mitch McConnell informing him that he would be stepping down as chair of the Intel Committee.
As chair, Burr oversaw the nearly three-year investigation into “Russian interference” that took place during the 2016 election which supposedly benefited Donald Trump. This fact-free conspiracy theory was promulgated by the ruling class and their servants in the intelligence agencies and Democratic party to channel mass popular opposition to Trump behind a right-wing pro-war campaign to demonize Russia and lay the groundwork for internet censorship and war.
Burr earned Trump’s ire by issuing a subpoena for Donald Trump Jr. to testify in front of the committee last year as part of the committee's McCarthyite investigation.
While speaking to reporters on Thursday, Trump insisted that he didn’t know about the warrant, or impending seizure of Burr’s phone. During a press conference Trump stated that he “knew nothing about it.” Upon hearing that Burr had resigned his chair position, Trump dryly replied, “That’s too bad.”
BUT WHAT ABOUR SENATOR DIANNE FEINSTEIN? SHE’S RED CHINA’S MOST LOYAL AGENT AND SOLD $6 MILLION IN STOCK.
Richard Burr Steps Down From Chairmanship of Senate Intelligence Committee
Burr’s resignation comes after the FBI seized his cellphone Wednesday. The Republican from North Carolina is being investigated for selling stock ahead of the market crash due to coronavirus fears.
by Robert Faturechi and Derek Willis
May 14, 12:45 p.m. EDT
Sen. Richard Burr will be stepping aside as chairman of the Senate Intelligence Committee during the investigation into his stock trades, Senate Majority Leader Mitch McConnell announced Thursday.
“Senator Burr contacted me this morning to inform me of his decision,” McConnell wrote in a statement. “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.”
FBI agents served a search warrant to Burr at his Washington, D.C.-area home on Wednesday night as part of an investigation into stock sales he made in February before the stock market crash in response to the coronavirus pandemic, the Los Angeles Times reported.
The North Carolina Republican turned his cellphone over to federal agents, the newspaper reported, citing an unidentified law enforcement official. Another unnamed law enforcement official told the paper that the FBI previously had used another warrant to obtain access to Burr’s Apple iCloud account as part of its investigation.
Burr came under scrutiny after ProPublica reported in March that he sold off a significant percentage of his stocks shortly before the market declined, unloading between $628,000 and $1.72 million of his holdings on Feb. 13 in 33 separate transactions. As chairman of the intelligence committee and a member of the health committee, Burr had access to the government’s most highly classified information about threats to America’s security and public health concerns.
On the same day, Burr’s brother-in-law, Gerald Fauth, a member of the National Mediation Board, sold between $97,000 and $280,000 worth of shares in six companies — including several that have been hit particularly hard in the market swoon and economic downturn. A person who picked up Fauth’s phone previously declined to comment.
Before his sell-off, Burr had assured the public that the federal government was well-prepared to handle the virus. In a Feb. 7 op-ed that he co-authored with another senator, he said “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.”
That month however, according to a recording obtained by NPR, Burr had given a VIP group at an exclusive social club a much more dire preview of the economic impact of the coronavirus, warning it could curtail business travel, cause schools to be closed and result in the military mobilizing to compensate for overwhelmed hospitals.
Burr’s Senate spokesperson declined to comment, as did the FBI.
Burr has defended his actions, saying he relied solely on public information, including CNBC reports, to inform his trades and did not rely on information he obtained as a senator.
ProPublica has also reported that Burr has frequently traded in medical stocks while working on legislation that could impact the industry, made a timely sale of his stake in an obscure Dutch fertilizer company before its stock plummeted and sold his Washington townhouse to a lobbyist and donor who had business before his committees.
Do you know where Richard Burr resides in Washington, D.C.? If so, or if you have any other tips about Burr or the stock trades of other government officials, email Robert.faturechi@propublica.org or reach him on Signal at 213-271-7217.
Revealed: Four senators dumped millions in stocks while Capitol Hill was being briefed on the coronavirus threat but BEFORE markets started tanking
· Richard Burr, head of the Senate Intelligence Committee which was directly briefed on coronavirus, sold up to $1.7m in stock between January and February
·
· Dianne Feinstein, on the same committee, sold up to $6m in stock in same period
·
· Kelly Loeffler, on the Senate Health Committee, sold up to $3.1m in stock starting on the day her committee was briefed by the CDC
·
· James Inhofe sold up to $400k in stocks including real estate all on January 27
· Coronavirus symptoms: what are they and should you see a doctor?
By NIKKI SCHWAB, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM and CHRIS PLEASANCE FOR MAILONLINE
PUBLISHED: 17:02 EDT, 19 March 2020 | UPDATED: 10:17 EDT, 20 March 2020
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Four senators dumped millions of dollars worth of stock while Capitol Hill was being briefed on the threat of coronavirus but before the markets tanked as infections soared, disclosure records have revealed.
Republicans Richard Burr, Kelly Loeffler and James Inhofe and Democrat Dianne Feinstein collectively offloaded up to $11million in stock between late January and early February, according to records seen by The Daily Beast, New York Times and ProPublica.
Burr, chair of the Senate Intelligence Committee that was directly briefed on coronavirus, sold up to $1.7million in stock including in hotels, according to reporting from ProPublica.
Feinstein, a member of the same committee, sold up to $6million in stock including in a biotech firm.
Loeffler dumped up to $3.1million in investments starting on the day the Senate Health Committee, which she sits on, was briefed by the CDC. Meanwhile James Inhofe sold up to $400,000 in stock including real estate.
Loeffler and Feinstein have defended themselves, saying their stocks are invested in trusts and portfolios that they have no personal control over. Inhofe has not commented.
Burr's spokeswoman said in a statement to DailyMail.com that Burr filed his financial disclosure form several weeks before the markets showed 'volatility.'
The Stop Trading on Congressional Knowledge Act prohibits members of Congress from insider trading based on classified information they have received in briefings.
0
·
The chairman of the House Intelligence Committee, Sen. Richard Burr, knew of the coming coronavirus crisis three weeks ago and divulged details of the chaos that would ensue to a group of well-heeled constituents
+10
·
Sen Kelly Loeffler (pictured) reportedly sold $3.1million in stock with the first sale made on January 24, the same day her committee was briefed by the CDC
+10
·
Sen. Jim Inhofe, a Republican from Oklahoma, sold up to $400k all on January 27
+10
·
Dianne Feinstein who sits on the Intelligence Committee which was also briefed on coronavirus, sold up to $6m in stock
According to The Daily Beast, Sen Kelly Loeffler and her husband, Jeffrey Sprecher, the chairman of the New York Stock Exchange, sold $3.1million in stock between late January and early February.
The first sale was in the firm Resideo Technologies worth between $50,001 and $100,000 and made on January 24, the same day her committee - the Senate Health Committee - held a briefing with the CDC.
The stock has since halved in value.
During the same period the couple made just two purchases, one of which was stock in a tele-working company that has seen an increase in price amid office shutdowns.
Meawnhile Richard Burr, Republican chair of the Senate Intelligence Committee which was being briefed on coronavirus, offloaded between $582,029 and $1.56million of his stock holdings in mid-February.
Burr later went on to warn people at a meeting in Washington that coronavirus was likely to cause significant disruption to businesses, even as Donald Trump was playing down the threat.
Dianne Feinstein, a Democratic member of the same committee, and her husband also sold between $1.5 million and $6 million in stock in California biotech company between late January and mid-February.
Elsewhere James Inhofe, Republican of Oklahoma, sold stocks totaling $400,000 on January 27 including shares in PayPal, Apple and Brookfield Asset Management, a real estate company.
·
Loeffler's sell-off began the same day the committee she sits on was briefed by the CDC, which she later tweeted about
·
Loeffler has defended herself, saying her money is invested in a portfolio she has no control over. Feinstein also said her stocks are held in a blind trust, which she does not control
ProPublica reported that on February 13 Burr sold of stock holdings in 29 separate transactions. A week later the stock market started its downward trend, now losing about a third of its value.
Burr dumped $150,000 worth of shares of Wyndham Hotels and Resorts stock and $100,000 worth of shares of Extended Stay America.
The hospitality industry has been one of the worst shattered in this collapse.
Then, on February 27 Burr gave well-heeled constituents from the Tar Heel State a dire warning about the kind of chaos the coronavirus could cause.
The North Carolina Republican is heard on a secret recording obtained by NPR telling members of the Tar Heel Circle on February 27 that the coronavirus was 'much more aggressive in its transmission than anything that we have seen in recent history.'
·
Burr talked to members of the Tar Heel Circle, a group that charges $500 to $10,000 for membership, at the Capitol Hill Club, a private social club for Republicans located steps away from the Capitol Building
+10
·
At the Capitol Hill Club (pictured), Burr spelled out the anticipated widespread disruptions that would be caused by the coronavirus outbreak, statements he wasn't making publicly
'It is probably more akin to the 1918 pandemic,' Burr told the group, who pay between $500 and $10,000 for membership of the group, according to NPR's reporting.
In a series of tweets, Burr pushed back and said he was addressing the membership of the North Carolina State Society. 'The message I shared with my constituents is the one public health officials urged all of us to heed as coronavirus spread increased,' he also said.
A spokesman for Feinstein said that all of her stock holdings are in a blind trust, and that she has no involvement in financial decisions made by her husband.
The luncheon that was taped was held at the Capitol Hill Club, a social club for Republicans located steps away from the Capitol Building.
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Rep Alexandria Ocasio-Cortez led the calls for the resignations of both Koeffler and Burr shortly after the news broke on Thursday
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