Within days of husband’s $1 million donation to Trump’s super PAC, DOJ drops investigation against Loeffler, two other senators for insider-trading
The Department of Justice is dropping its insider trading investigation into the coronavirus-related stock trades of Sens. Dianne Feinstein (D-CA), Kelly Loeffler (R-GA), and Jim Inhofe (R-OK), according to a Wall Street Journal report.
The department is still investigating trades made by Sen. Richard Burr (R-NC), however — as part of that investigation, a cell phone was seized after he was served a search warrant by the FBI on May 13 at his Washington, DC, residence.
The FBI, in conjunction with the Securities and Exchange Commission, began an investigation in late March into lawmakers who may have tried to profit from information received over the course of their Senate duties regarding the coronavirus. […]
Lawmakers are required by law to report stock trades in regular disclosures. Congressional financial disclosures don’t list specific transaction amounts, instead breaking reporting into dollar value bands like $1,001 to $15,000, $15,001 to $50,000, etc., up to transactions over $50 million.
On February 13, Burr, who Roll Call estimates is the 154th wealthiest federal lawmaker, sold up to $1.7 million in stock transactions. In making those trades, Burr sold up to $150,000 worth of shares of Wyndham Hotels and Resorts. Wyndham’s stock dropped from $59.10 per share at the close on the day Burr sold it to a low of $21.59 on March 19, before rebounding. He also sold up to $100,000 in stock in Extended Stay America, an economy hospitality company.
Trump threatens to regulate or shutdown social media platforms because Twitter fact checked his false tweets about mail-in voting
Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen. We saw what they attempted to do, and failed, in 2016. We can’t let a more sophisticated version of that….
— Donald J. Trump (@realDonaldTrump) May 27, 2020