[Breitbart] If Sen. Richard Burr (R-NC) is not prosecuted by the Department of Justice for insider trading, then the Stock Act is "meaningless," warned Peter Schweizer, senior contributor to Breitbart News and author of Profiles in Corruption: Abuse of Power by America’s Progressive Elite.Schweizer joined Friday’s edition of SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host John Hayward to discuss Burr’s selling of between $628,000 and $1.72 million in stock ahead of coronavirus-related market declines.
"Richard Burr’s [stock sell-off] is a classic case of insider trading," determined Schweizer. "If Richard Burr was an executive at a corporation and he had received a closed door briefing that said a company’s sales were going to go down dramatically, and he sold pretty much all of his stock, it would be insider trading."