Burr and Loeffler, who have denied wrongdoing, prompted calls that they leave office and criticism from people.
Two Republican senators defended themselves on Friday against heavy criticism, including calls that they resign, for selling substantial amounts of stocks before the coronavirus-induced market meltdown and after closed-door briefings on the outbreak.
Media reports about Burr and Loeffler, who have denied wrongdoing, prompted calls they leave office and other criticism from people as disparate as a progressive Democratic lawmaker and a conservative commentator. "Understanding the assumption many could make in hindsight, however, I spoke this morning with the chairman of the Senate Ethics Committee and asked him to open a complete review of the matter with full transparency," Burr said.Loeffler sold up to US$3.1 million in stocks in 27 transactions from Jan 24 through mid-February, as first reported byThe report said the sales began the day her health committee hosted a private coronavirus briefing for senators. She also made two purchases.
"Senator Burr owes North Carolinians an explanation," fellow North Carolinian and Republican Senator Thom Tillis wrote on Twitter. "His self-referral to the Ethics Committee for their review is appropriate, there needs to be a professional and bipartisan inquiry into this matter." Inhofe said he has divested most of his stock and is not involved in investment decisions. Feinstein's money is in a blind trust.
The Republican proposal included checks of up to US$1,200 each for many Americans, and hundreds of billions of dollars in loans for small businesses and industries.
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