Sen. Richard Burr Steps Down As Chairman Of Intelligence Committee

The video discusses the investigation into Senator Richard Burr's stock sales amid the COVID-19 pandemic. Burr and his wife sold significant stock holdings before the market crash, leading to an FBI investigation. Burr claims his decisions were based on public information and has requested a Senate Ethics Committee review. The video also covers the potential successors for Burr's position as Senate Intelligence Committee Chairman, considering seniority and current roles of other senators.

What prompted the FBI to investigate Senator Burr's stock sales?

• A sudden increase in his stock portfolio

• A public statement he made about COVID-19

• A tip from a fellow senator

• His stock sales just before the market downturn

What law makes it illegal for lawmakers to use insider information for trading?

• The Congressional Ethics Act

• The 2012 Stock Act

• The Insider Trading Prevention Act

• The Financial Fairness Act

Which other senators were criticized for their stock transactions?

• Lindsey Graham and Mitch McConnell

• Dianne Feinstein and Jim Inhofe

• Nancy Pelosi and Chuck Schumer

• Elizabeth Warren and Bernie Sanders

Who is first in line to succeed Senator Burr based on seniority?

• Senator Marco Rubio

• Senator Susan Collins

• Senator James Risch

• Senator Mitch McConnell

Why might Senator Susan Collins decline the role of chairman?

• She is already chairing another committee

• She is facing a tough reelection bid

• She has declined due to health reasons

• She is retiring from the Senate