Senate Minority Leader Chuck Schumer said today that there should be ethics investigations into the stock sales by Sens. Richard Burr, Dianne Feinstein and others after they learned on the QT that America faced a Covid-19 calamity.
Schumer said he was concerned by the “appearance” of a conflict of interest.
Schumer, D-N.Y., called for the investigations on MSNBC after Burr, R-N.C., Feinstein, D-Calif., as well as Sens. James Inhofe, R-Okla., and Kelly Loeffler, R-Ga., were hit with allegations of selling large amounts of stocks before the coronavirus crisis rocked Wall Street.
“The answer, in one word, is yes. There should be and there will be,” Schumer said on MSNBC. “I don’t own any stocks. I think it’s a very bad idea for senators to own stocks.”
Schumer, D-N.Y., called for the investigations on MSNBC after Burr, R-N.C., Feinstein, D-Calif., as well as Sens. James Inhofe, R-Okla., and Kelly Loeffler, R-Ga., were hit with allegations of selling large amounts of stocks before the coronavirus crisis rocked Wall Street.
“The answer, in one word, is yes. There should be and there will be,” Schumer said on MSNBC. “I don’t own any stocks. I think it’s a very bad idea for senators to own stocks.”
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