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Photo: Al Drago/Getty Images

Senate Intelligence Chairman Richard Burr (R-N.C.) asked the Senate Ethics Committee on Friday to review his recent stock sell-offs.

What he's saying: Burr claimed that the trades, which came before the market crashed amid coronavirus fears, occurred because he "closely followed CNBC's daily health and science reporting out of its Asia bureaus at the time."

"I relied solely on public news reports to guide my decision regarding the sale of stocks on February 13. Specifically, I closely followed CNBC's daily health and science reporting out of its Asia bureaus at the time. Understanding the assumption many could make in hindsight, however, I spoke this morning with the chairman of the Senate Ethics Committee and asked him to open a complete review of the matter with full transparency."

The state of play: Burr sold between $582,029 and $1.56 million of his stocks on Feb. 13, days after writing a Fox News op-ed that said the U.S. is "better prepared than ever before" to face the coronavirus outbreak.

  • The sales included stocks in several companies that were set to be hit particularly hard by the coronavirus, including in the hotel and hospitality industries.
  • Reuters reported on Feb. 27 that, as Senate Intel chairman, Burr had been receiving daily updates from the intelligence community about the outbreak.
  • He also told a private luncheon of constituents in February that the coronavirus is "much more aggressive in its transmission than anything that we have seen in recent history."

Read Burr's letter.

Go deeper: Trump brushes off coronavirus as reason for stock market plunge

Go deeper

Local Florida leaders eye ways to take on DeSantis' anti-mask stance

Photo: Joe Raedle/Getty Images

With Florida at the forefront of the nation's COVID surge, local governments across Tampa Bay are wondering if — or how — they can subvert Gov. Ron DeSantis' administration to do something to slow the spread.

Why it matters: A day after Florida broke its record for daily cases, it did the same for the total number of COVID hospitalizations — set way back in July 2020, per the AP.

Updated 5 mins ago - Sports

Olympics dashboard

Simone BIles competing on the balance beam. Photo: Jamie Squire/Getty Images

🥉: Simone Biles wins bronze in individual balance beam final, her last event

🪧: Raven Saunders says U.S. athletes planned "X" protests "for weeks"

🇺🇸: Former dancer Valarie Allman wins U.S. 1st Olympic track and field gold

🏅: Norwegian gold medalist, U.S. silver medalist smash men's 400m hurdles world record

🏋️‍♀️: Transgender weightlifter Laurel Hubbard: "It gets better"

📷: In photos: Tokyo Olympics day 11 highlights

🏳️‍⚧️: Axios at the Olympics: Games grapple with trans athletesTrans athletes see the Tokyo Games as a watershed moment

Go deeper: Full Axios coverage

19 mins ago - Sports

Simone Biles wins Olympic bronze in individual balance beam final

Photo: Laurence Griffiths/Getty Images

U.S. gymnast Simone Biles made her Olympic return on Tuesday, winning bronze in the individual balance beam final.

Why it matters: Biles is now tied with Shannon Miller as the most decorated U.S. Olympic gymnast of all time, with seven total medals.

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