Justice Department drops insider trading investigations of three senators

Justice Department drops insider trading investigations of three senators
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The Republican and Democratic senators were being investigated after they sold off stocks following early briefings on the coronavirus.

The Justice Department has closed insider trading investigations into three senators who sold off stocks following early briefings on the coronavirus, aides told NBC News.

A spokesman for Sen. Kelly Loeffler, R-Ga., confirmed that she had been informed that the Justice Department had dropped an inquiry into her trades and called the allegations “politically motivated.”

“Today’s clear exoneration by the Department of Justice affirms what Senator Loeffler has said all along — she did nothing wrong. This was a politically-motivated attack shamelessly promoted by the fake news media and her political opponents. Senator Loeffler will continue to focus her full attention on delivering results for Georgians,” said the spokesman, Stephen Lawson.

A Democratic aide said Sen. Dianne Feinstein, D-Calif., was informed that the Justice Department was dropping an inquiry over stock trades her husband made in the wake of her briefings.

Source: NBC News

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