A little over a week ago, U.S. Senator Richard Burr stepped down as leader of the Senate Intelligence Committee when the FBI served him a warrant and seized his cell phone to investigate his accused insider trading. At the time, Burr was the first to be served a warrant out of the three other senators who were also under investigation for insider trading in January. However, now he is the last to be released from investigation, as according to The Wall Street Journal, the other three are no longer being investigated by the Justice Department.
In response to the closing of the investigation the three accused senators had a mix of reactions, from vindicated to annoyed that they had been accused in the first place. When first accused of insider trading, Oklahoma Senator Jim Inhofe stated that he had not attended the January 24 meeting that the other senators are thought to have gained their information from, and that since 2018 he had simply been transferring all of his individual stocks into mutual funds. Upon being informed that he was no longer under investigation, Inhofe spoke to The Oklahoman, and asserted once more that he had been innocent the whole time. Georgian Senator Kelly Loeffler had claimed a different reason for the abrupt sale in stocks, claiming she had not even known it had occurred and stating that the financial decision was made by her husband alone, and that she had no hand to play in her finances. In an official statement by spokesperson Stephen Lawson on Tuesday, Senator Loeffler seemed not just to be relieved of the closing investigation, but also annoyed to a degree, arguing that the only reason for her being accused of insider trading was angry political opponents. The third senator’s response was likely the most demure, with California Senator Dianne Feinsteine simply saying nothing at all, though she has been informed that she is no longer under investigation.
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