Gaetz On Burrs' Shady Stock Move: He "Is A Disgrace-He Should Be Removed" [Video]
Rep. Matt Gaetz (R - Flordia) didn't mense words when asked about the GOP member who dumped stocks ahead of the Coronavirus crisis. Gaetz doesn't want the Republican party associated with that level of deception and corruption. Unlike his colleges, Gaetz isn't afraid to express his disgust.
According to DailyCaller, Republican North Carolina Sen. Burr has been accused of dumping $1.7 million in hotel stock after he learned of the looming coronavirus crisis at intelligence committee meetings — even while he publicly declared he saw no dark clouds on the horizon.
Gaetz told Fox News’ “Tucker Carlson Tonight” that Burr needs to go — now.
“Richard Burr is a disgrace. He should be removed as the intelligence chairman immediately as a result of this conduct and as Republicans in the Trump era, we have an obligation to say we do not want corrupt acts to be associated with our tribe,” Gaetz declared.
“And Republicans need to start stepping up and speaking out because what Richard Burr did in the Senate stock sell-off is not something that we want our brand associated with," Gaetz added.
While Burr was telling Americans that we shouldn't worry about the coronavirus, “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.” Behind closed doors, however, Burr was telling well-connected donors a much different story—and taking steps to privately save his own finances before the virus tanked the U.S. economy.
In an interview last week, Burr insisted he did anything wrong: “Specifically, I carefully adopted CNBC’s everyday well being and science reporting out of its Asia bureaus at the time.”
Burr added, “Understanding the assumption numerous could make in hindsight on the other hand, I spoke this early morning with the chairman of the Senate Ethics Committee and requested him to open up a entire assessment of the make any difference with whole transparency.”
Following the disaster of September 11th, those found participating in insider trading were arrested and charged. Is that called for in this case? Moving funds ahead of a crisis undoubtedly hurts the stock market but in this case, it's more of a gray area.
For instance, everyone knew there was a global illness so it's not necessarily 'insider trading' but he did mislead the public while looking out for himself and his buddies. At best, it was callous and poor form on the Senator's part.
What do you think? let me know in the comments below.
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