As FBI Serves Warrant to Burr Over Insider Trading Allegations, Will Gardner Return Money from “Morally Reprehensible” Colleague?

As FBI Serves Warrant to Burr Over Insider Trading Allegations, Will Gardner Return Money from “Morally Reprehensible” Colleague?

Denver, CO – Last night the FBI served a warrant to Senator Richard Burr related to his alleged insider trading amid the coronavirus pandemic, but Senator Cory Gardner has been mum on if he will return the $20,000 he’s accepted from Burr’s leadership PAC during his time in Washington. Gardner has also been silent if he will keep donations from other scandal-riddled Republican colleagues—unelected “political mega-donor” Senator Kelly Loeffler and Senator David Perdue—who each are under scrutiny for dumping stocks after a private Senate briefing on the pandemic.

These investigations come after Senators Burr, Loeffler, and Perdue began their “heavy trading” of shares, including in sectors affected by the pandemic, after attending a private Senate COVID-19 briefing, all while downplaying the threat of the pandemic. The New York Times penned a scathing editorial, calling the senators “morally reprehensible” for “prioritiz[ing] their stock portfolios, in a rank betrayal of the public trust” as they “misled an already anxious and confused public.” 

Colorado Democratic Party Spokesperson Eli Rosen:

“While Senator Gardner’s Republican colleagues are under scrutiny for their unethical and potentially illegal trading, Gardner has been happy to keep their scandal-plagued checks to his reelection campaign. Senator Gardner must return the money and show Coloradans he does not condone his Republican allies  putting their wallets ahead of the American people.”

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