Sen. Marco Rubio has been named as the acting Senate intelligence committee chairman to replace Sen. Richard Burr
from Senate Majority Leader Mitch McConnell , who touted Rubio as a “leader with expertise in foreign affairs and national security matters.”as chairman of the committee while the U.S. Justice Department conducted his investigation.of dollars worth of securities after attending private briefings with top officials that warned of the potential impacts of the coronavirus.
Burr, whose phone was seized last week by the FBI, reportedly started making trades weeks before the major economic downturn struck the U.S. and most areas of the global economy in March., with Sen. Jim Inhofe and Sen. Kelly Loeffler also reportedly potential targets for investigation.Burr was first elected to his Senate position in 2004, succeeding Democrat and former vice presidential nominee John Edwards.
He had served as the head of the Senate Select Committee on Intelligence since 2015, with the committee tasked to “oversee and make continuing studies of the intelligence activities and programs of the United States Government.” Rubio is also a member of the committee. Burr has said he is cooperating with investigators, and McConnell has remarked that Burr stepping aside “would be in the best interests of the committee.”
The investigation into Burr and Feinstein has prompted calls to limit what securities members of congress are allowed to own.“Maybe the bottom line is, if you’re going to be in the Senate you can’t own any stock. Or at least own mutual funds. Who knows, people could say you’re gaming an index fund,” Sen. John Cornyn Whether Burr being under investigation has any effect on the reelection of Sen. Thom Tillis .
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