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US Closes Probes into 3 Senators over Their Stock Trades

Associated Press

   WASHINGTON - The Justice Department has closed investigations into
   stock trading by Sens. Dianne Feinstein of California, Kelly Loeffler
   of Georgia and Jim Inhofe of Oklahoma, according to people familiar
   with notifications sent to the senators. The senators came under
   scrutiny for transactions made in the weeks before the coronavirus sent
   markets downhill.

   The developments indicate that federal law enforcement officials are
   narrowing their focus in the stock investigation to Sen. Richard Burr,
   R-N.C, the former Senate Intelligence Committee chairman. Agents showed
   up at his Washington-area home almost two weeks ago with a warrant to
   search hiscellphone.

   Senate records show that Burr and his wife sold between roughly
   $600,000 and $1.7 million in more than 30 transactions in late January
   and mid-February, just before the market began to dive and government
   health officials began to sound alarms about the virus. Burr has denied
   any wrongdoing.

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