Senator Sold Stock Before Steep Market Losses From Virus

WASHINGTON (AP) — Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic.

Senate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February.

That was just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus.