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  • Sen. Burr's brother-in-law sold off stocks before crash on same day as Burr: report

    05/07/2020 7:50:40 AM PDT · by knighthawk · 20 replies
    Fox News ^ | May 07 2020 | Ronn Blitzer
    The same day that Sen. Richard Burr, R-N.C., sold off at least $628,000 worth of stocks before the market crashed, his brother-in-law also dumped a significant amount of shares, according to a new report from ProPublica. The report, citing a public financial disclosure form from Burr's brother-in-law Gerald Fauth -- who serves on the National Mediation Board (NMB) -- reveals that Fauth sold between $97,000 and $280,000 worth of stocks in a total of six transactions on Feb. 13, 2020. Burr's sales that day, soon before the coronavirus panic tanked the market, reportedly led to the Securities and Exchange Commission...