March 20, 2020/Media

NCDP Calls on Senator Richard Burr to Resign

North Carolina Democratic Party Chairman Wayne Goodwin released the following statement after several news reports found Senator Richard Burr sold stock ahead of a market crash after receiving private briefings on the coronavirus:

“Across North Carolina, families are anxious about the future amid this growing public health crisis and looking for moral leadership from their elected officials. Many are rallying to that call, providing steady leadership and vital updates. Yet while leaders stood up and North Carolinians prepared for the worst, Senator Richard Burr used his position and access to highly sensitive information to profit by selling stock just a week before the market crashed due to a deadly virus sweeping our nation.

“Senator Burr has betrayed the trust of every North Carolinian in a time of crisis and should resign immediately. The U.S. Senate Select Committee on Ethics, the U.S. Securities and Exchange Commission, and the Department of Justice should immediately launch investigations into whether Senator Burr violated federal law by using inside information to profit. And Senator Burr must answer immediately to North Carolina families what he heard that led him to sell his stock and when he heard it.”