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."
At a Wednesday news conference to mark his first year in office, President Joe Biden is admitting that the pandemic has exhausted and demoralized many Americans.
The Biden administration on Tuesday quietly launched its website for Americans to request free at-home COVID-19 tests, a day before the site was scheduled to officially launch.
Just 27% of voters aged 18-29 approve of the job Biden is doing as president, according to a survey from The Economist and YouGov late last year. Santiago Mayer, executive director of Voters of Tomorrow, joins Cheddar Politics to discuss why President Biden is losing support among young voters.
Jesse Lehrich, co-founder of Accountable Tech, joins Cheddar News to discuss it being one year since Trump was exiled from social media and the former President's new platform 'Truth Social.'
Cliff Albright, co-founder of the group Black Voters Matter, joins Cheddar Politics to discuss why he boycotted President Biden's voting rights speech this week, and the push from Senate Democrats to debate and vote on the Freedom to Vote Act and the John Lewis Voting Rights Advancement Act.
Senator Jon Ossoff (D-Ga.) has teamed up with fellow Democratic senator and former astronaut Mark Kelly to introduce the Ban Congressional Stock Trading Act, a bill to essentially end stock trading by sitting lawmakers. From the other side of the aisle, Senator Josh Hawley (R-Mo.) introduced his own legislation to enact something similar. The dueling bills come at a time when it's popular to constrain members of Congress from owning and trading stocks. Karl Evers-Hillstrom, a business and lobbying reporter at The Hill, spoke to Cheddar about the significance of the bills, and what they could mean for lawmakers, their families, and staffers moving forward.
