Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sen. Kelly Loeffler. Photo: Toni L. Sandys-Pool/Getty Images

The Justice Department is closing its inquiries into stock selloffs by Sens. Kelly Loeffler (R-Ga.), James Inhofe (R-Okla.) and Dianne Feinstein (D-Calif.) that occurred after the lawmakers were briefed about the coronavirus' potential economic toll, the Wall Street Journal first reported.

The big picture: The investigation into trades by Sen. Richard Burr (R-N.C.), who stepped down as chair of Senate Intelligence Committee pending the results of the inquiry, is reportedly continuing. Burr's cell phone was seized by the FBI earlier this month.

  • Burr had more direct involvement in his trades than the senators, and claims he relied on CNBC reports coming out of Asia — not private briefings — to make his decisions.
  • Burr's sale of over $1.72 million of stock on Feb. 13 included stake in the hotel chains Wyndham and Extended Stay America.

Catch up quick: Loeffler, Inhofe and Feinstein sold off hundreds of thousands of dollars worth of stock following briefings in January that detailed the potential economic devastation of the coming pandemic.

  • Lawmakers are prohibited from insider trading via the 2012 "Stop Trading on Congressional Knowledge Act," which blocks members of Congress and their staff from managing investment portfolios based on nonpublic information.

All three senators claim they had no personal involvement in the selloffs, and did not use their knowledge of the virus' incoming toll to influence the decisions of their investment managers.

  • Only Loeffler is up for re-election this year, and she is facing a hotly contested primary against Rep. Doug Collins (R-Ga.)
  • Polling shows the allegations of misconduct have hurt Loeffler's standing with constituents.

Go deeper

Democrats outraged over intel chief's move to halt in-person election briefings

Photo: Drew Angerer/Getty Images

Sen. Elizabeth Warren (D-Mass.) slammed Director of National Intelligence John Ratcliffe as a "Trump stooge" for his decision to no longer provide in-person briefings to Congress on election security issues, joining the chorus of Democrats who have condemned the move.

The big picture: Ratcliffe, a Trump loyalist who was confirmed for the position overseeing U.S. intelligence agencies in May, said he made the decision to only provide written briefings in order to prevent leaks. Democrats say that suspending in-person briefings to Congress will allow Ratcliffe to skirt accountability and avoid follow-up questions.

Dems' immigration plan hits major roadblock

Senate Majority Leader Sen. Chuck Schumer. Photo: Alex Wong/Getty Images

The Senate parliamentarian ruled Sunday that Democrats cannot include pathways to citizenship in the $3.5 trillion budget reconciliation package, per a copy of the ruling obtained by Axios.

Why it matters: It's a blow to Democrats who hoped to provide pathways for millions of undocumented immigrants in the U.S. Using reconciliations would have allowed them to pass politically contentious immigration changes with only 50 votes, as opposed to the usual 60 required.

FBI says human remains found in Wyoming likely Gabby Petito

Gabby Petito. Photo: FBI

Human remains found in Teton County, Wyoming, are "consistent with the description of" missing 22-year-old Gabby Petito, said FBI Denver official Charles Jones at a news conference Sunday.

Details: The cause of death had yet to be determined, but Jones said: "Full forensic identification has not been completed to confirm 100% that we found Gabby, but her family has been notified of this discovery." Authorities said they're continuing the search for her fiancé, Brian Laundrie.