By Robert Faturechi, ProPublica
After Sen. Richard Burr of North Carolina dumped more than $1.6 million in stocks in February 2020 a week before the coronavirus market crash, he called his brother-in-law, according to a new Securities and Exchange Commission filing.
They talked for 50 seconds.
Burr, according to the SEC, had material nonpublic information regarding the incoming economic impact of coronavirus.
The very next minute, Burr’s brother-in-law, Gerald Fauth, called his broker.

ProPublica previously reported that Fauth, a member of the National Mediation Board, had dumped stock the same day Burr did. But it was previously unknown that Burr and Fauth spoke that day, and that their contact came just before Fauth began the process of dumping stock himself.
The revelations come as part of an effort by the SEC to force Fauth to comply with a subpoena that the agency said he has stonewalled for more than a year, and which was filed not long after ProPublica’s story.
Recent Posts
Israel’s War On Iran Was Made In USA: Trump Supported Attacks, While Faking Peace Talks
June 17, 2025
Take Action Now Israel attacked Iran in an aggressive act of war. The US government supported the strikes, providing intelligence and planning with…
With Iran, The U.S. Faces The Potential For An Iraq War 2.0
June 17, 2025
Take Action Now Israel’s unprovoked attack on Iran has the potential to be far, far more catastrophic.By David Vine, Responsible Statecraft…
Zohran Mamdani’s Campaign Can Expand The Left’s Base
June 16, 2025
Take Action Now As Zohran Mamdani mounts a surging campaign for NYC mayor, his bid is becoming a model to replicate for the next wave of the US left.…
“No Kings Day” Was Historic. Now We Need A Powerful – And Independent – Movement Against Trump
June 16, 2025
Take Action Now The Democratic Party will need a very different orientation to regain support from the millions of working-class voters whose…