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.”

Move to oust Nancy Guthrie sheriff fails as Pima County supervisors refer perjury allegations to AG

Marco Rubio spotted in Nike tracksuit aboard Air Force One during trip to China, igniting memes online

Rubio wears Nike tracksuit aboard Air Force One in parody of Maduro capture

High school student with history of anger issues charged with murder of homeless woman in Las Vegas

Nebraska’s Pillen wins Republican renomination in bid for second term as governor

Lawsuit: ChatGPT Told Florida State Shooter that Killing Children Would Get Him ‘More Attention’ Than Targeting Adults

House GOP launches new task force, probes alleged Medicaid fraud in Ohio

Republican Ricketts wins GOP primary in Nebraska, advances to key Senate showdown

Poll: Rubio Opens Up Double-Digit Lead on Vance, AOC Leads 2028 Democratic Field

BREAKING: All Tenn. Dem Reps Have Been Removed from Every House Committee Possible as Punishment for Redistricting Chaos

Fake Black Woman Rachel Dolezal Resurfaces After Decade, Has Entered Digital Version of World’s Oldest Profession

Judge keeps block on Trump administration effort to deport Kilmar Abrego Garcia to Liberia

Canadian Liberal Who Championed Mass Migration Questions Election Results After Losing Race to Immigrant

Democrat lawmaker calls Clarence Thomas an ‘Uncle Tom’ and ‘lynchman’ after Supreme Court redistricting ruling

GOP heartburn forces messaging pivot from ‘ballroom’ for Trump security money

“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.