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The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting. The Department of Justice (DOJ) initiated a probe into the stock transactions on March 30, 2020. No charges were brought against anyone and all investigations into the matter are closed.

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dbo:abstract
  • The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting. The Department of Justice (DOJ) initiated a probe into the stock transactions on March 30, 2020. No charges were brought against anyone and all investigations into the matter are closed. (en)
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dbp:align
  • right (en)
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  • US Capitol building, home of the US Congress. (en)
  • Senator Richard Burr, the most prominent Senator implicated in the scandal. He temporarily stepped down as Chairman of the Intelligence Committee during the investigation. (en)
dbp:cause
  • Participants' insider information of COVID-19 pandemic (en)
dbp:date
  • 0001-01-19 (xsd:gMonthDay)
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  • horizontal (en)
dbp:image
  • Richard Burr official portrait.jpg (en)
dbp:inquiries
  • No charges brought against participants and all investigations into senators closed (en)
dbp:location
dbp:outcome
  • Millions of dollars of stock sold and purchased at the start of the COVID-19 pandemic (en)
dbp:participants
  • Multiple United States Senators, notably, Richard Burr, Kelly Loeffler, Jim Inhofe, Dianne Feinstein, David Perdue, John Hoeven (en)
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  • The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting. The Department of Justice (DOJ) initiated a probe into the stock transactions on March 30, 2020. No charges were brought against anyone and all investigations into the matter are closed. (en)
rdfs:label
  • 2020 congressional insider trading scandal (en)
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