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Burr’s stock, townhouse sales prompt complaint from political watchdog group

Chairman Richard Burr, R-N.C., reaches for hand sanitizer at a Senate Intelligence Committee nomination hearing. The controversy over the rash of corporate stock sales in February by U.S. Sen. Richard Burr fits right into the wheelhouse of an influential Washington watchdog organization. However, the seizing of Burr’s cellphone Wednesday night by Federal Bureau of Investigation agents takes the case to a disturbing new level, said Noah Bookbinder, CREW’s executive director. Citizens for Responsibility and Ethics (CREW) is a 501©(3) nonprofit organization. It defines its mission as using “aggressive legal action, in-depth research and bold communications to reduce the influence of money in politics and help foster a government that is ethical and accountable.” CREW’s complaint to the Senate Ethics committee was submitted March 30, the day after CNN reported the U.S. Justice Department and Securities and Exchange Commission are investigating the Burrs’ stock transactions. “It’s a real shock for the FBI to believe, and a federal judge to agree, that there was probable cause that a crime may have been committed to justify a search warrant against a U.S. senator,” Bookbinder said. “There appears to be reason enough to believe that Sen. Burr engaged in insider trading that it […]

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