.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."
China says its launch of a new spacecraft was merely a test to see whether the vehicle could be re-used.
Colin Powell, former Joint Chiefs chairman and secretary of state, has died from COVID-19 complications.
A panel of U.S. health advisers has endorsed booster doses of Johnson & Johnson’s single-shot COVID-19 vaccine.
The Biden administration says the U.S. will reopen its land borders to nonessential travel next month, ending a 19-month freeze due to the COVID-19 pandemic.
The White House says it's helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation.
Members of the House are scrambling to Washington to pass a short-term lift of the nation’s debt limit.
Senate Majority Leader Chuck Schumer said Thursday an agreement has been reached with Republicans to extend the government’s borrowing authority into December, temporarily averting a debt crisis.
With the Biden administration reportedly looking into regulating stablecoins like Tether and Circle, just what might those rules look like going forward?
Amplify Energy’s emergency response plan for a major oil spill like the one unfolding in coastal Southern California depended heavily on a quick shutdown of its pipeline if sensors pick up a sudden loss of pressure.
New York's new Cannabis Control Board met Tuesday for its inaugural meeting to expand the Empire State's medical cannabis program effective immediately and appoint key staffers following months of delays.
