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."
Ursula Perano, politics reporter at the Daily Beast, joins Cheddar Politics to discuss the wave of 30 House Democrats retiring or not seeking re-election in November.
Jimmy Hoover, Supreme Court editor-at-large for Law360, joins Cheddar Politics to discuss the high court's latest ruling in an Alabama gerrymandering case that could end up further chipping away at the Voting Rights Act.
GLAAD, the media watchdog for the LGBTQ community, released its “Where We Are on TV” report last week, with updated data on the entertainment industry. Rich Ferraro, chief communications officer for the non-profit organization, joined Cheddar News to talk about the progress that has been made on media representation and what's at stake in the process of humanizing queer people in popular culture as a recent backlash in legislative trends demonstrated. "We just saw the news yesterday in Texas, a move from Governor Abbott that would try to pull trans youth away from their parents for receiving gender-affirming care," Ferraro said. "And television and entertainment can be a frontline to preventing such anti-LGBTQ legislation from moving forward."
Russia's invasion of Ukraine has begun. Explosions and sirens were reported across the country early Thursday morning, as Russia launched a wide-ranging attack with shelling, tanks, and missile strikes. Lauren Baer, former State Department Senior Adviser and current Managing Partner at Arena, joined Cheddar to provide the latest update on the crisis.
A six-year battle over equal pay has finally come to an end-- as U.S. Soccer and The United States Women's Soccer Team have agreed to settle their lawsuit. Under the terms of the deal, the athletes will receive $24 million from U.S. Soccer, and a pledge from the federation to equalize pay for the men's and women's national teams. Lily Roberts, Managing Director of the Poverty to Prosperity Team at the Center for American Progress joined Cheddar's Opening Bell to discuss.
President Biden has hit back against Russia’s invasion of Ukraine, unleashing robust new sanctions, ordering the deployment of thousands of additional troops to NATO ally Germany, and declaring that America will stand up to Russia’s Vladimir Putin.
Grant Stark, Director of Research at CapWealth, joins Cheddar News' Closing Bell, where he says that his firm is closely monitoring oil prices amid the geopolitical conflict between Russia and Ukraine, and elaborates on how inflation will continue to be a problem across multiple sectors.
A private prison company plans to run a new pilot program that would place hundreds of migrants caught crossing the U.S.-Mexico border under house arrest. The "home curfew" pilot program is part of "impactful detention reforms," according to a spokesperson for the U.S. Department of Homeland Security. Jacinta Gonzalez, senior campaign organizer with Mijente, joins Cheddar News to discuss.
