Sen. Richard Burr, R-N.C., listens to testimony before the Senate Committee for Health, Education, Labor, and Pensions hearing, Tuesday, May 12, 2020 on Capitol Hill in Washington. (Toni L. Sandys/The Washington Post via AP, Pool)
.By Mary Clare Jalonick and Eric Tucker
Sen. Richard Burr, R-N.C., stepped aside as chairman of the Senate Intelligence Committee on Thursday after the FBI served a search warrant for his phone as part of an ongoing insider-trading investigation tied to the coronavirus pandemic.
Senate Majority Leader Mitch McConnell announced the move, saying he and Burr had agreed it was in the Senate's best interests.
FBI officials showed up at Burr's home with the warrant on Wednesday, marking a significant escalation into the Justice Department's investigation into whether Burr broke the law with a well-timed sale of stocks before the coronavirus caused markets to plummet,
The Justice Department declined to comment. His attorney did not respond to phone and email messages, but said last month that the law is clear that any senator can participate in stock market trading based on public information "as Sen. Burr did."
Heading into 2022, the eyes of political nerds like us are fixed on statehouses across the country. State legislatures are in the process of taking the data from the 2020 census and using it to draw new congressional districts. The process has major implications for midterms, as Republicans could retake the majority just by gerrymandering enough seats into their column. In Maryland, state level Democrats are considering several maps, one of which would completely draw out the only Republican from the state in Congress.
Bruce DePuyt, senior reporter at Maryland Matters, and Helen Brewer, legal analyst at Princeton's Electoral Innovation Lab, join Cheddar Politics to discuss.
Today is Veterans Day, a day each year that gives us a chance to honor our service members and reflect on the issues they face in our armed forces. One issue that's gotten a lot of scrutiny recently is the handling of sexual assault cases in the military. The military has long been criticized for how it handles cases of sexual assault, with particular attention paid to how cases are investigated and prosecuted usually within the chain of command. The defense department has said sexual assault cases will be removed, but it's not the same as Congress changing the law itself.
Lory Manning, retired U.S. Navy captain and the director of government operations at the Service Women's Action Network, joins Cheddar News to discuss.
Greenwood, a digital banking platform aimed at supporting Black and Latino businesses and clients, is launching its very own GreenBook. Named after the historic publication for Black travelers during the era of Jim Crow, the online guide will provide a directory of Black- and Latino-owned businesses across the country. Ryan Glover, the founder and chairman of Greenwood, joined Cheddar to provide additional details about the listings.
President Biden's infrastructure plan will be pumping billions of dollars into the EV sector. David Shepardson, Correspondent at Thomson Reuters, joined Cheddar News' Closing Bell to break down all of the details.
Al Root, Senior Writer at Barron's, joined Wake Up With Cheddar's Jill Wagner to break down who qualifies for the proposed EV tax credits and why some automakers aren't too pleased about extra incentives for vehicles made at union plants.
Jill Wagner is joined by Baker to talk about kids and vaccines: we finally know how many young kids are getting vaccinated. Plus, Democrats are working on a Plan B for paid family leave. And the salad chain Sweetgreen goes public.
A breakthrough deal between the U.S. and China when it comes to climate has finally been reached. The two countries have pledged to work together to curb carbon emissions. Amy Harder, executive editor at Cipher, joined Cheddar News to discuss more.
President Joe Biden is expected to visit GM's 'Factory Zero' plant in Detroit, where mass production of its electric vehicle fleet will get underway. Biden is likely to tout his recently passed $1.2 trillion infrastructure plan, which allocates $7.5 billion toward EV infrastructure.
