Dianne Feinstein, 3 Senate Colleagues Sold Off Stocks Before Coronavirus Crash

Sen. Dianne Feinstein of California and three of her Senate colleagues sold off stocks worth millions of dollars in the days before the coronavirus outbreak crashed the market, according to reports.

The data is listed on a U.S. Senate website containing financial disclosures from Senate members.

Feinstein, who serves as ranking member of the Senate Judiciary Committee, and her husband sold between $1.5 million and $6 million in stock in California biotech company Allogene Therapeutics, between Jan. 31 and Feb. 18, The New York Times reported.

When questioned by the newspaper, a spokesman for the Democrat from San Francisco said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Small-town Virginia mayor reportedly arrested for allegedly showing up drunk to train derailment

Romanian national learns fate for swatting US officials, including members of Congress, judges

Melania Trump embraces AI education initiative in White House tech push: ‘She’s been a champion’

‘The View’ Floats Dangerous Conspiracy Theory About Trump Days After Assassination Attempt, Draws Response from White House

Why The Supreme Court’s Landmark Elections Decision Is a ‘Game Changer’ for the Midterms and Beyond

Trump weighs pulling US troops from Germany amid clash with chancellor over Iran war

Trump EPA chief vows he won’t take ‘morality lessons’ from Dem senator after heated clash

Newsom mocks Trump’s limited-edition passport with fake California driver’s license featuring gov’s portrait

UnitedHealthcare Fires Employee Who Said She Was Sad Trump Assassin Failed: ‘Violence is Never Acceptable’

United Airlines Flight Reportedly Struck by a Drone at 3,000 Feet

Members of heretical Muslim cult arrested in UK accused of sex offenses, forced marriage, and slavery

Prosecutors drop reference to injured Secret Service agent in latest filing amid confusion over Trump assassination case

FBI reveals Brown University mass shooter began plotting massacre as early as 2022, blamed victims

Kohberger defense team says it is ‘appalled’ by former expert’s public comments about Idaho murders case

Rashida Tlaib slams anti-israel Arab group over handling of sexual harassment claims

“All of Senator Feinstein’s assets are in a blind trust. She has no involvement in her husband’s financial decisions.”

— Tom Mentzer, Feinstein spokesman

Reports identified the three other senators as Richard Burr of North Carolina, Kelly Loeffler of Georgia and James Inhofe of Oklahoma, all Republicans.

Burr, chairman of the Senate Intelligence Committee, used more than 30 transactions to dump between $628,000 and $1.72 million on Feb. 13, according to ProPublica.

The report said the transactions involved a significant percentage of the senator’s holdings and took place about a week before the impact of the virus outbreak sent stock prices plunging to the point where gains made during President Trump’s term in office were largely erased.

“Senator Burr filed a financial disclosure form for personal transactions made several weeks before the U.S. and financial markets showed signs of volatility due to the growing coronavirus outbreak,” a Burr spokesperson said. “As the situation continues to evolve daily, he has been deeply concerned by the steep and sudden toll this pandemic is taking on our economy.”

Burr was an author of the Pandemic and All-Hazards Preparedness Act, a law that helps determine the federal response to situations such as the coronavirus outbreak, ProPublica reported. Burr’s office would not comment on what kind of information Burr might have received about coronavirus prior to his stock sales, the outlet reported.