The FBI is cracking down on U.S. Senators who appear to have engaged in “insider trading” after attending closed-door Senate meetings on Coronavirus and then dumping a bunch of stocks.
GOP anti-Trump Senator Burr has landed in a real mess of trouble. He stepped down from his leadership role on the Intelligence Committee, and the FBI seized his phone.
But he wasn’t the only one.
Senator Dianne Feinstein, who is best known for employing a Chinese spy for decades, was also swept up in the trading scandal.
From Politico [2]
Sen. Dianne Feinstein has turned over documents to the FBI and answered questions from law-enforcement officials about her husband’s controversial stock trades, a spokesman for the California Democrat said on Thursday.
Feinstein, a former chair of the Senate Intelligence Committee, spoke with the agency “voluntarily” and “provided additional documents to show she had no involvement in her husband’s transactions,” the spokesman added.
Feinstein has denied any wrongdoing in connection with the transactions.
Her husband, Richard Blum, is an investment banker who reportedly sold his shares in a biotech company in January before the coronavirus crisis sent the stock market into a tailspin. The transaction was reported in Feinstein’s routine Senate financial disclosure forms, and her spokesman said at the time the senator has no involvement in her husband’s stock trades.
The issue has come to the forefront in recent weeks as other senators have come under scrutiny for their stock trades, prompting allegations of insider trading. The 2012 STOCK Act prohibits lawmakers and aides from buying and selling stocks based on information obtained through their official duties.
This is just another example of the “do as I say, not as I do” mentality of the political globalist elites.
While we get arrested for going to a park or not wearing our masks, or lose our livelihoods and try and survive on $1,200 dollars these elites cash-in on a pandemic and get rich.
The only way this will end is with term limits. Congress had turned into a nursing home for the uber-wealthy.
This piece was written by Missy Crane on May 14, 2020. It originally appeared in WayneDupree.com [3] and is used by permission.