.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."
State Rep. Noel Frame discussed a new proposal by Washington democrats to impose a wealth tax on billionaires to help combat growing inequality.
Andrene Ward-Hammond, who plays Big Mo on Showtime's "Your Honor" talks to Cheddar about how the limited series reflects the ongoing issues of inequity in the U.S. criminal justice system.
After seeing two academic years thrown off course by the pandemic, school leaders around the country are planning for the possibility of more distance learning next fall at the start of yet another school year.
In the 1920s, an army of real estate boosters set out to redefine Florida from an economic backwater to a ritzy vacation destination, sparking a land boom — and bust — the likes of which America had never seen before.
President Joe Biden is meeting with the House Democratic committee chairs who aim to put his $1.9 trillion coronavirus relief package on a fast track to becoming law.
Nate Boutte, pharmacy manager for Walgreens, talked about the readiness of the pharmacy chain in getting COVID vaccines out in the White House's new distribution plan.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The IRS is offering eligible taxpayers who did not receive their full federal stimulus checks a chance to claim a Recovery Rebate Credit on their 2020 tax return.
Rep. Al Green (D-Texas 9th District), spoke with Cheddar about the possibility of raising the federal minimum wage as part of the current COVID relief package.
Rep. Brenda Lawrence (D-Mich. 14th. District) said that Trump must be held accountable for his possible role in egging on supporters to invade the Capitol Building on January 6.
