Stock-selling US senator asks to be investigatedpublished at 16:58 Greenwich Mean Time 20 March 2020
Republican Senator Richard Burr, who is facing calls to resign after it emerged he had sold stocks before the market downturn, is asking the Republican-controlled Senate Ethics Committee to investigate.
The North Carolina senator, who had been pleading with the American public to remain calm as the White House downplayed the threat, tweeted a new statement on Friday.
He said his decision to sell stocks, which lost value after his sell-off, was made “solely based on public news reports”. He specifically cited the Asia coverage provided by the CNBC network.
“Understanding the assumption many could make in hindsight however,” he said in a short statement, “I spoke with the chairman of the Senate Ethics Committee this morning and asked him to open a complete view of the matter with full transparency."