Name: FBI ends investigation into stock trades made by Feinstein’s husband amid coronavirus
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FBI ends investigation into stock trades made by Feinstein’s husband amid coronavirus

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This is a carousel. Use Next and Previous buttons to navigateWASHINGTON — Federal investigators are no longer probing stock trades made by Sen. Dianne Feinstein’s husband as the coronavirus pandemic was in its early stages, the California Democrat’s office said Tuesday.Feinstein’s attorney was notified by the FBI that it had closed its investigation, her office said.Feinstein by federal law enforcement about sales of millions of dollars of biotechnology stocks that were made shortly after senators received briefings in January about the possible spread of coronavirus in the U.S. Feinstein provided documents to agents showing that the trades were made by her husband, investment banker Richard Blum, and that she was not involved in them, her spokesman said.The Wall Street Journal that Feinstein and two other senators with similarly timed stock sales were no longer under investigation by the FBI.Blum sold between $1.5 million and $6 million in shares of Allogene Therapeutics, a biotechnology company, on Jan. 31 and Feb. 18, according to financial disclosures. Those transactions’ proximity to a Jan. 24 Intelligence Committee briefing with administration officials on the coronavirus threat drew scrutiny, but Feinstein tweeted in March that she had not attended that briefing.Republican Sens. Kelly Loeffler of Georgia and James Inhofe of Oklahoma also sold large amounts of stock shortly before the public was largely aware of the severity of the coronavirus situation, the in March. They also are no longer under investigation, the Wall Street Journal reported.More for youBut trades by North Carolina Republican Sen. Richard Burr are still being looked at, according to the Journal.Burr was chairman of the Senate Intelligence Committee, but stepped aside from that role when news broke that he had to the FBI in the inquiry.About Our NewsroomFeinstein is a senior Democrat on the Intelligence Committee.Burr traded stocks worth hundreds of thousands of dollars while getting closed-door briefings on the pandemic, as he was downplaying the seriousness of the outbreak in public. His sales included hotel chain stocks that plummeted after the outbreak began to cause shutdowns nationwide.Tal Kopan is The San Francisco Chronicle’s Washington correspondent. Email: Twitter:About Our Newsroom

This is a carousel. Use Next and Previous buttons to navigateWASHINGTON — Federal investigators are no longer probing stock trades made by Sen. Dianne Feinstein’s husband as the coronavirus pandemic was in its early stages, the California Democrat’s office said Tuesday.Feinstein’s attorney was notified by the FBI that it had closed its investigation, her office said.Feinstein by federal law enforcement about sales of millions of dollars of biotechnology stocks that were made shortly after senators received briefings in January about the possible spread of coronavirus in the U.S. Feinstein...

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FBI ends investigation into stock trades made by Feinstein’s husband amid coronavirus

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