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.”

Trump hails America as ‘most exceptional nation ever to exist’ in Mount Rushmore speech

Trump warns of ‘resurgence of the Communist menace’ during Mount Rushmore America 250 speech

Mamdani Trashes USA on Eve of July 4th as Land of Inequality, Racial Bias

WATCH LIVE: Trump gives Independence Day eve speech at Mount Rushmore

Fourth of July app guides spectators through nine-hour air show from NASA jets to B-1 bombers

Three dead, 7 rescued in boating tragedy as severe holiday weekend storm ravages Wisconsin tourist hot spot

Watch: Tokyo, Japan, Puts Blue States, Cities to Shame with July 4th Celebration

Trump grants pardons to ‘persecuted’ mechanics in right-to-repair crackdown: ‘I am setting them all free’

Police swarm Michigan shopping center after ‘significant’ shooting incident; at least 2 dead

US military deploys MTVRs, airlifts aid to Venezuela following deadly earthquakes

UPDATE: Strange Findings – DHS Investigators Release Report on Secret Service Failures at Butler Assassination Attempt

Op-Ed: Make Colombia Free Again, Bring Us Back to Our Judeo-Christian Roots

Who Should Be Held Accountable for Climate Alarmism?

Mamdani blasts ICE agents, Elon Musk and ‘supremacy’ in America 250 speech ahead of July 4 weekend

Trump DOJ Sues Gavin Newsom’s California Over Glock Ban

“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.