High-Ranking Republican Senator Under Investigation… Richard Burr’s Cell Phone Seized… Is There More to This Than a Tawdry Stock Transaction?

(WASHINGTON)  —  Federal agents seized a cellphone belonging to a prominent Republican senator on Wednesday night as part of the Justice Department’s investigation into controversial stock trades he made as the novel coronavirus first struck the U.S., a law enforcement official said.

Sen. Richard Burr [R] of North Carolina, the chairman of the Senate Intelligence Committee, turned over his phone to agents after they served a search warrant on the lawmaker at his residence in the Washington area, the official said, speaking on condition of anonymity to discuss a law enforcement action.

The seizure represents a significant escalation in the investigation into whether Burr violated a law preventing members of Congress from trading on insider information they have gleaned from their official work.

To obtain a search warrant, federal agents and prosecutors must persuade a judge they have probable cause to believe a crime has been committed. The law enforcement official said the Justice Department is examining Burr’s communications with his broker.

To obtain a search warrant for the cell phone of the Chairman of the Senate Committee on Intelligence (SSCI) likely must cross a much higher bar to establish “probable cause” before a warrant would be issued..

The warrant, ostensibly issued as part of an investigation into insider trading – Burr sold off a large tranche of stocks after he was briefed on the potential pandemic and before the public was warned – may have further implications.

Nearly a month ago NPR broke the story

The chairman of the Senate Intelligence Committee warned a small group of well-connected constituents three weeks ago to prepare for dire economic and societal effects of the coronavirus, according to a secret recording obtained by NPR…

“… There’s one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history,” he said, according to a secret recording of the remarks obtained by NPR. “It is probably more akin to the 1918 pandemic.”

Senator Burr then dumped a significant portion of his investment portfolio in a series of 33 transactions.

But going after the powerful Chairman of the SSCI, especially when there’s lesser senators like Kelly Loeffler (R-GA) who may be the wealthiest member of Congress and who also dumped a boatload of stock… a much larger boatload of stock than did Burr… might signal that there’s more to this search warrant than just a million dollars (or so) in stock transactions.

Burr’s committee may be the most corrupt in all of the Congressional swamp.  

If Schiff knew there was no collusion, then it’s hard to see how his Senate counterpart didn’t…

Something more than an SEC investigation into insider trading appears to be at play here.

I’m running against some really stupid Republicans