Skip to content
Search AI Powered

Latest Stories

FBI Serves Search Warrant to Republican Senator Accused of Insider Trading After Selling Stocks Ahead of Pandemic

FBI Serves Search Warrant to Republican Senator Accused of Insider Trading After Selling Stocks Ahead of Pandemic
ANDREW HARNIK/POOL/AFP via Getty Images

Republican Senator Richard Burr (R-NC) was served a warrant by the Federal Bureau of Investigation to search the contents of his phone and cloud storage in an effort to determine whether or not Burr committed insider trading.

The scrutiny comes after Burr, the Senate Intelligence committee Chairman, sold 33 stocks worth between $628,033 and $1.72 million as the Senate Intel Committee received daily classified briefings on the virus. Many of the businesses whose shares he sold were in industries hardest hit by the pandemic.


Even as Burr assured Americans in an op-ed piece that the United States was more prepared than ever for the looming pandemic, Burr sold the bulk of his shares in February just before audio leaked of him warning donors that the impact of the virus would be severe.

Burr insists that he's relied only on public news reports to determine the selling of his stock and a spokesperson for Burr has declined to comment on the warrant for his phone.

People applauded the escalation in pursuit of Burr's accountability.



But here's the thing: Burr isn't the only Senator who suspiciously sold stocks.

His Republican colleague, Senator Kelly Loeffler of Georgia, also sold millions of dollars worth of stocks after she received classified briefings on the virus. Loeffler even invested in telework companies after the briefings—an industry that would boom as more and more Americans were required to work from home.

Oddly enough, Loeffler hasn't yet faced the same scrutiny from the FBI as Burr now has. People have an idea as to why.

Like many Republican lawmakers, Loeffler is unwaveringly loyal to President Donald Trump. Though Burr votes along ideological lines with Trump around 90 percent of the time, Burr's actions in the Senate Intelligence Committee have been a thorn in Trump's side.

It was Burr, as Intel Committee chairman, who signed off on the subpoena of Donald Trump Jr. regarding his enthusiastic response to emails from Russian government officials claiming to have information on Hillary Clinton.

The committee's investigation would culminate in yet another report confirming that the Russian government attempted to influence the 2016 presidential election in favor of Donald Trump, and solidify Burr's sullied reputation among Republicans for not defending the leader.

Some are beginning to wonder if that's why the FBI is publicly going after Burr, but not after Loeffler...yet.





The move comes as the Trump administration sows conspiracy theories about Obama's exploitation of the FBI for his political and personal benefit.

This swamp is murkier than ever.

For a deeper look into the threats posed by Trump's presidency, check out A Very Stable Genius, available here.

More from People/donald-trump

Hillary Clinton; Donald Trump
Arturo Holmes/Getty Images; Win McNamee/Getty Images

Hillary Clinton Just Threw Some Epic Shade At Trump Over His Push To Print $250 Bills Featuring His Portrait

Former Secretary of State Hillary Clinton mocked President Donald Trump following a report he approved a proposed design featuring his portrait on a new $250 bill bearing his signature, despite longstanding federal law barring living people from appearing on U.S. currency.

According to four current and former Treasury Department employees who spoke to the Post anonymously out of fear of retaliation, two political appointees at the department—U.S. Treasurer Brandon Beach and senior adviser Mike Brown—repeatedly pressed Bureau of Engraving and Printing staff beginning last year to develop prototype designs for the bill.

Keep ReadingShow less
Screenshots from Redditor Conscious-Weight4569's video on the 'Well That Sucks' subReddit
u/Conscious-Weight4569/Reddit

Tennessee High School Sparks Debate After Graduates Get Soaked Due To 'Rain Or Shine' Policy In Viral Video

Last Thursday, heavy rain impacted the outdoor graduation ceremony for the students of Centennial High School and Franklin High School in Tennessee—but the staff, students, and their families proceeded with the event anyway.

Rain was allegedly in the day's weather forecast, but it was only expected to rain after the festivities were over. However, according to several families who were present, the rain started at the beginning of the first speech, and it didn't just rain—it poured.

Keep ReadingShow less
Kathleen Thomas reacted after a Florida deputy accused her of driving with a phone in her right hand despite her being an amputee.
@slightlyoff.balance/Instagram; CBS News/YouTube

Florida Cop Gives Woman Ticket For Allegedly Driving With Phone In Her Right Hand—Only For Her To Reveal She's An Amputee

A traffic stop in Palm Beach County is going viral for a painfully obvious reason: a deputy accused a woman of driving with her phone in her right hand—even though she literally does not have a right hand.

Kathleen Thomas, 36, was pulled over in February by a Palm Beach County Sheriff’s Office deputy over an alleged distracted driving violation captured on both Thomas’ phone and police body cam footage.

Keep ReadingShow less
Screenshots from @mymixtapez's X video
@mymixtapez/X

Florida Man Goes Viral After Finding Millions Of Dollars Floating In Mysterious Bag At The Beach

A video has gone viral, featuring a man from Florida pulling a large package out of the ocean on Fort Lauderdale Beach and immediately calling the police to turn it in.

As it turns out, the package included millions of dollars in cash and was suspected to also contain illegal drugs.

Keep ReadingShow less
Screenshots from @TRIGGERHAPPYV1's X video
@TRIGGERHAPPYV1/X

DoorDash Driver Caught Scooping Up Smoothie He Dropped On Floor Back Into Cup—And We're Gonna Be Sick

You know what they say: you can't eat everyone's cooking. As it turns out, you can't eat the food delivered by every delivery driver, either!

The internet was left collectively grossed out when camera footage went viral that featured a DoorDash delivery driver who had dropped a smoothie on the hallway floor just feet away from his destination.

Keep ReadingShow less