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Republican senator urged to quit after report he sold stocks before Covid-19 market plunge

Richard Burr, chairman of the Senate intelligence committee, and three other senators sold off substantial holdings before drop amid coronavirus fears

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Republican senator Richard Burr faced demands to resign on Friday after it was reported that he sold off millions of dollars’ worth of stocks just before the market dropped amid fears of the coronavirus pandemic.

Burr, of North Carolina, the chairman of the Senate intelligence committee, denied he had kept the public in the dark about the scale of the threat as three other senators also came under scrutiny for selling major holdings in the same period.

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Source: US Politics - theguardian.com


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