Are Richard Burr’s financial ties to Russian oil why he’s holding up the Trump-Russia investigation?

Over the past few days various reports have surfaced asserting that Senate Intelligence Committee Chairman Richard Burr is sabotaging his own committee’s investigation into Donald Trump’s Russia scandal by refusing to sign off on vital documents. It’s led some to ask if Burr is strategically trying to protect Trump and/or Russia. Now comes the revelation that Burr has an investment in an oil drilling company that partners with a major Russian oil company.


This was discovered by political pundit Scott Dworkin of the Democratic Coalition Against Trump. He’s posted documents drawing a line between National Oilwell Varco Inc. and Russian oil giant Rosneft (link). The size of Senator Richard Burr’s investment looks to be just over $20,000, whereas his overall net worth is estimated at more than two million dollars (link), meaning it’s a small fraction of his overall fortune. But it turns out Burr has far more lucrative indirect financial ties to Kremlin.


Dworkin points out that Burr was the beneficiary of $8.1 million in campaign money that came from a Mitch McConnell Super PAC, which in turn took millions of dollars in donations from a pro-Putin Ukrainian (link). So his $20,000 direct investment appears to be just a starting point for Burr’s far larger indirect financial ties to Kremlin, which could be in the millions, depending on how that PAC money was divided up.


Considering that Richard Burr is now acting in a suspicious manner, refusing to sign documents that would allow the investigation into the Trump-Russia scandal to proceed, his monetary ties to Russia must be considered as at least a possible motivation. And in light of how Burr’s House Intelligence Committee counterpart Devin Nunes tried to sabotage his own committee’s Trump-Russia investigation so blatantly that he ended up having to recuse himself, Burr’s behavior here must be watched just as closely. Contribute to Palmer Report


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Bill Palmer is the publisher of the political news outlet Palmer Report

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