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McClatchy Washington Bureau
McClatchy Washington Bureau
National
Danielle Battaglia

North Carolina Sen. Thom Tillis calls for insider trading investigation of fellow Republican Madison Cawthorn

Madison Cawthorn Thom Tillis Republican Richard Burr North Carolina House Ethics Committee Washington Examiner Examiner Washington D.C. Brandon Brown

WASHINGTON — U.S. Sen. Thom Tillis called on the House Ethics Committee to investigate fellow Republican Rep. Madison Cawthorn on Wednesday, a day after the Washington Examiner broke a story saying Cawthorn could be implicated in insider trading.

“Insider trading by a member of Congress is a serious betrayal of their oath, and Congressman Cawthorn owes North Carolinians an explanation,” Tillis said in a tweet. “There needs to be a thorough and bipartisan inquiry into the matter by the House Ethics Committee.”

The Washington Examiner uncovered a photo posted on Instagram Dec. 29 in which Cawthorn posed with James Koutoulas, a hedge fund manager and the man behind the cryptocurrency “Let’s Go Brandon” meme coin. In an Instagram post at the time, Cawthorn announced that he owned the cryptocurrency and that the next day it would “go to the moon.”

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