What companies did Lisa Loeffler own?
Loeffler not only sold shares of Exxon Mobil, Ross Stores, AutoZone, and other companies whose value subsequently dropped, on average, 30 percent, according to The Daily Beast. She also purchased stock in two tech companies, one of which specializes in teleworking software.
How much did Dianne Feinstein sell?
Sen. Dianne Feinstein (D-Calif.), a member of the Intelligence Committee, and her husband sold $1.5 million to $6 million worth of shares in San Francisco biotech firm Allogene Therapeutics between Jan. 31 and Feb. 18, The New York Times reports, citing financial disclosure forms. Sen.
Who is Kelly Loeffler?
Kelly Loeffler. American businesswoman and politician. Dianne Feinstein. United States Senator from California. Richard Burr. American politician. Explore the topics mentioned in this article. Sens. Richard Burr (R-N.C.) and Kelly Loeffler (R-Ga.) aren't the only senators who sold large stock holdings in late January through mid-February, ...
Who passed the stock act?
The bill was passed by the Senate with only Senators Richard Burr , Jeff Bingaman , and Tom Coburn voting against it.
Who was the most prominent senator implicated in the scandal?
Senator Richard Burr , the most prominent Senator implicated in the scandal. He temporarily stepped down as Chairman of the Intelligence Committee during the investigation. Tucker Carlson called for Burr to resign from the Senate and be prosecuted for insider trading on a segment of Tucker Carlson Tonight.
What is the 2020 insider trading scandal?
The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of COVID-19 pandemic in ...
How many transactions did Kelly Loeffler make?
Following the meeting Senator Kelly Loeffler and her husband Jeffrey Sprecher, the chairman of the New York Stock Exchange, made twenty-seven transactions to sell stock worth between $1,275,000 and $3,100,000 and two transactions to buy stock in Citrix Systems which saw an increase following the correction.
What happened to the stock market in 2020?
The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting. The Department of Justice initiated a probe into the stock transactions on March 30, 2020. No charges were brought against anyone and all investigations into the matter are closed.
When did Burr request the Senate Ethics Committee to investigate his stock trading history?
On March 20 , Burr requested for the Senate Ethics Committee to investigate his stock trading history and stated that he only used publicly available information to make his decisions. On March 30, the Department of Justice initiated a probe into the stock transactions with the Securities and Exchange Commission.
Who is the attorney general of Montana?
I'm sickened just thinking about it.". On April 10, Montana Attorney General Tim Fox accused Representative Greg Gianforte, the wealthiest member of the House of Representatives, of insider trading by investing into the manufacturer of hydroxychloroquine.
