Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

U.S. DOJ closing insider trading probes into three senators: WSJ

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS

Two youths charged with second degree murder | SaltWire #newsupdate #halifax #police #newstoday

Watch on YouTube: "Two youths charged with second degree murder | SaltWire #newsupdate #halifax #police #newstoday"

(Reuters) - The U.S. Department of Justice is closing probes into three U.S. senators over stock trades made shortly before the coronavirus market turmoil, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The three senators include Republicans Kelly Loeffler of Georgia and James Inhofe of Oklahoma, and Democrat Dianne Feinstein of California, the Journal reported, adding that prosecutors are alerting their defense attorneys about the closing of the probes.

However, the DOJ's related probe into Senator Richard Burr is continuing, according to the newspaper.

Representatives for Burr, the DOJ and the FBI declined to comment.

The senators were investigated over selling large amounts of stock before the coronavirus-induced market meltdown and after closed-door briefings on the outbreak this year.

(Reporting by Kanishka Singh in Bengaluru. Editing by Gerry Doyle)

Share story:
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT