Kelly Loeffler (R-G.A), James Inhofe (R-O.K.) and Dianne Feinstein over stock sales they made as the coronavirus outbreak spread worldwide, the New York Times and Wall Street Journal reported, but will continue to investigate Sen. Richard Burr (R-N.C.). Authorities were investigating whether the Senators were acting on information gleaned from private briefings to avoid losing money in the downturn, which would amount to insider trading. Each has denied wrongdoing, with Loeffler saying her financial advisor was responsible for the stock sales while Feinstein said her husband made the trades. The offices of Inhofe and Feinstein did not immediately respond to requests for comment.

Source: Forbes May 26, 2020 21:00 UTC