The Department of Justice announced tonight that it has dropped its investigation of Republican North Carolina Senator Richard Burr, who made a series of stock trades after closed door Senate meetings about the coronavirus, the New York Times reports.
Burr, then chairman of the Senate Intelligence Committee, had received a number of nonpublic updates on the impact of the coronavirus in late January and early February. He then executed a series of stock trades that became public in March.
Although he claimed that his trades were legal, Burr stepped down as chairman of the committee. He had previously he would not seek reelection in 2022.
“Tonight, the Department of Justice informed me that it has concluded its review of my personal financial transactions conducted early last year,” Mr. Burr said in a statement. “The case is now closed. I’m glad to hear it. My focus has been and will continue to be working for the people of North Carolina during this difficult time for our nation.”