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The Feds are investigating market sales of at least four US Senators who appeared to dump stock after a behind the scenes briefing and before the market plunge brought on by the Chinese Coronavirus.
Financial Disclosure Statements by Dianne Feinstein, Richard Burr, Jim Inhofe and Kelly Loeffler, show that they or their spouses and advisors, sold huge chunks of stock right around the time they received a briefing about how bad the Wuhan Virus was going to get.
It would seem a blind trust is the answer here, but that's just me.
All have denied any wrongdoing and Burr asked the Senate Ethics Committee to review his deals involving up to $1.6 Million.
Is it time to ban elected members of the US House and Senate along with their families and advisers from stock market trading?
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