March 20, 2020 / 2:55 PM / 20 days ago

U.S. Republican Senator Burr says relied on news reports for stock sales

WASHINGTON, March 20 (Reuters) - U.S. Republican Senator Richard Burr said on Friday he relied solely on news reports to guide decisions on stock sales, amid reports he and other senators sold off shares after being briefed on the risks of the coronavirus crisis.

“I relied solely on public news reports to guide my decision regarding the sale of stocks on February 13,” Burr said on Twitter, citing CNBC’s daily health and science reporting out of Asia at the time.” He said he has asked the Senate Ethics Committee to open a review of the matter.

Senators Dianne Feinstein and James Inhofe also said they had no input on their reported financial transactions. (Reporting by Doina Chiacu; Editing by Tim Ahmann)

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