DOJ ends coronavirus insider trading investigations into 3 senators but continues probing Richard Burr
The Justice Department has notified lawyers for Senators Kelly Loeffler of Georgia, Dianne Feinstein of California and Jim Inhofe of Oklahoma that it will not charge the lawmakers with insider trading for stock sales they or their family members made shortly after some had attended non-public intelligence briefings about the coronavirus crisis earlier this year.
The DOJ is still probing transactions executed in February by Senator Richard Burr, who stepped down as Intelligence chairman last week after it was reported in March he sold off up to $1.7m in individual stocks after he had begun receiving classified briefings about Covid-19 but weeks before global markets plummeted due to uncertainty about the disease.
A source close to Ms Feinstein confirmed other outlets' earlier reports about the DOJ's notice to the senator's lawyers.
Spokespersons for Ms Loeffler and Mr Inhofe could not immediately be reached for comment, nor could a spokeswoman for Mr Burr, who turned over his cell phone to investigators earlier this month.
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