.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."
The Senate has voted to begin debating a $1.9 trillion COVID-19 relief bill.
The impact of Texas' governor repealing many of the state’s COVID-19 restrictions is beginning to take shape.
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
A somber New York Gov. Andrew Cuomo is apologizing following sexual harassment allegations against him.
Rep. Kat Cammack (R-Fla. 3rd District), spoke to Cheddar regarding her concerns about spending priorities and the price tag of the latest COVID relief bill being put forth by Democrats.
Former Department of Homeland Security acting secretary under Trump, Chad Wolf, talked to Cheddar about domestic terrorism, border control, and cybersecurity.
Mario Schlosser, CEO and co-founder of Oscar Health, spoke to Cheddar about the future of healthcare and insurance in the United States after the company went public.
A Democratic official says President Joe Biden and Senate Democrats have agreed to tighten the upper-income limits at which people could qualify for stimulus checks in the party's $1.9 trillion coronavirus relief bill.
President Joe Biden says the U.S. expects to take delivery of enough coronavirus vaccines for all adult Americans by the end of May, two months earlier than anticipated.
State Representative Marcus C. Evans, Jr. from Chicago filed amendments to an Illinois bill that would further ban games considered to be too violent from reaching the hands of minors.
