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Disgraced Do-Nothing RINO Richard Burr Out As Senate Intel Committee Chairman

Burr Resigns
It is hard to think of a Republican Senator more worthless and feckless than RINO Senator Richard Burr of North Carolina.

For most of his tenure as Chairman of the Senate Select Committee on Intelligence, Burr did nothing with the Senate Intelligence Committee except provide a forum for his odious Democrat counterpart, Democrat Mark Warner of Virginia to attack President Trump.

Indeed, as the disclosures of Obama-era misconduct (or should we say Obama-directed misconduct) piled-up, Burr issued a report saying in effect that the Russia collusion hoax was not a hoax.

But Burr had also said he was not going to run for reelection, and with his utility to the Democrats and the Deep State about to expire, so did his immunity from the scrutiny to which the rest of us mere mortals are subject.

On Feb. 13 Burr sold stock worth $630,000 to $1.7 million, a sizable portion of his portfolio.

CNBC reported the one-day sale involved 33 individual trades, and occurred just a day after the Dow Jones Industrial Average reached a historic all-time closing high of 29,551.42.

One week later, on Feb. 20 markets began a steep slide over fears that the coronavirus would paralyze the global economy. In the weeks following Burr’s sale, the Dow lost 30% of its value.

Now here’s the rub: As chairman of the Senate Intelligence Committee, CNBC reports Burr was given access to classified intelligence reports in January and early February that contained dire warnings about the coronavirus, according to The Washington Post, which reported on the intelligence assessments.

In March, CNN reported the FBI and Securities and Exchange Commission had contacted Burr as part of a probe into stock trades made by lawmakers surrounding the coronavirus pandemic.

When the first reports surfaced Burr and several other Senators who sold stocks about the same time took a lot of heat and Burr himself asked the Ethics Committee to take a look at the propriety of his trades.

CNBC reports new questions about Burr’s stock sales arose last week, when ProPublica reported that on the very day that Burr sold his stocks, Feb. 13, Burr’s brother-in-law, Gerald Fauth, also sold tens of thousands of dollars worth of stock.

Fauth is a former transportation consultant, who was appointed by President Donald Trump in 2017 to a seat on the three-member National Mediation Board, a federal agency that helps facilitate labor relations for the transportation industry.

Notice how the Swamp works here?

In 2012, Congress prohibited lawmakers from acting on intelligence they learn because of their privileged position, such as briefings with high-level federal officials.

Under the STOCK Act, lawmakers are required to disclose their stock market activity but are still allowed to own stock, even in industries they might oversee.

The law passed the Senate in 2012 in a 96-3 vote. Among the three senators to oppose the bill was Senator Richard Burr.

Senator Burr has said that he made the trades using only publicly available information, not classified briefings and Burr's attorney, Alice Fisher, said last week that Burr did not coordinate his trades with Fauth. Burr claimed he has been cooperating with investigators "since the beginning" and will let the investigation play out.

Be that as it may, the FBI is now looking into Burr’s dealings and federal agents seized his cellphone. The Senator turned over his phone to agents after they served a search warrant on him at his residence in the Washington area, an official said, speaking on condition of anonymity to discuss a law enforcement action with the LA Times.

A second law enforcement official told the Times FBI agents served a warrant in recent days on Apple to obtain information from Burr’s iCloud account and said agents used data obtained from the California-based company as part of the evidence used to obtain the warrant for the senator’s phone.

Burr has now resigned as Chairman of the Senate Intel Committee, saying, "this is a distraction to the hard work of the committee and the members and I think the security of the country is too important to have any distractions."

"He's entitled to the presumption of innocence just like anybody else,” said Senator John Cornyn of Texas, and we certainly agree, but Burr won’t be missed at the helm of the Senate Intelligence Committee.

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