CLOSE At least four senators are under fire for selling significant amounts of stock weeks before the coronavirus pandemic sent the market into freefall. USA TODAYWASHINGTON – A handful of U.S. senators, who faced mounting criticism for selling off personal stocks before a coronavirus-driven market crash, could draw legal scrutiny beyond an Ethics Committee review requested by a Republican lawmaker swept up in the controversy, analysts said Friday.While the four lawmakers have denied any misconduct, former federal prosecutors and legal analysts said the Securities and Exchange Commission, along with federal prosecutors could end up examining the transactions – some of them involving millions of dollars.What happened?Recent financial disclosure statements indicate that Sens. Richard Burr, R-N.C., Jim Inhofe, R-Okla.,  Kelly Loeffler, R-Ga., and Dianne Feinstein, D-Calif., their spouses or advisers sold large chunks of stock around the time senators were receiving behind-the-scenes briefings about the severity of the coronavirus. In recent weeks, the virus has infected more than 10,000 people and killed more than 200 in the United States, while devastating the national economy.Burr and his wife sold anywhere between about $598,000 and $1.62 million in stocks in February, according to disclosure statements, first reported by ProPublica. Lawmakers are not required to disclose

Continue To Full Article