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.”

AI power players pour cash into competitive primaries as 2026 midterms heat up

Shutdown clock ticks as Schumer, Democrats dig in on DHS funding demands

Watch: Acting ICE Director Thwarts Eric Swalwell’s ‘Gotcha Question’ During Hearing

Watch: Bench-Clearing Brawl Throws NBA Game Into Chaos, Leads to 4 Ejections

DHS says illegal immigrant injured head after hitting concrete wall while fleeing ICE, denies beating claims

Fact Check: Did Bad Bunny Feature Viral 5-Year-Old Liam Ramos in Super Bowl Halftime Show?

DHS urges Newsom to honor ICE detainers after federal agent assaulted while arresting illegal alien at jail

Supreme Court Justice Alito says ‘things are so different’ since Scalia’s death

Clinton Judge Responds to California’s Attempts to Unmask ICE Agents

China panics after Takaichi declares intention to remilitarize Japan

Only one local detective on Nancy Guthrie case has over two years of experience on homicide squad: sources

Trump thanked Florida police for Epstein probe in 2000s, flagged ‘evil’ Ghislaine Maxwell: FBI doc

Progressive backed by Sanders, AOC pulls off upset ballot box shocker in Democratic congressional primary

US Skier Lindsey Vonn Reveals Extent of Her Injuries After Brutal Crash Ends Her Olympics — And Possibly Career

Who Would Have Guessed? Transit Agency in Cold-Weather State Buys EV Buses, Can’t Use Them in Freezing Cold

“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.