.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."
U.S. Shadow Representative of the District of Columbia Oye Owolewa spoke to Cheddar about his belief that the recent attack on the Capitol building underlined the need for DC's statehood.
Cheddar's Megan Pratz reflects on the chaotic day of the counting of the electoral votes when the U.S. Capitol building became overrun by rioters.
The U.S. government’s deficit in the first three months of the budget year was a record-breaking $572.9 billion.
Airbnb says it will be blocking and canceling reservations in the Washington, D.C. area during the week of the presidential inauguration.
Mayor Bill de Blasio says New York City will terminate business contracts with President Donald Trump after last week’s insurrection at the U.S. Capitol.
A look at how President-elect Joe Biden's budgetary concerns will fit in with people's changing perceptions of the federal deficit and deficit spending.
Impeachment ahead, the House will first try Tuesday to push the vice president and Cabinet to act even more quickly to remove President Donald Trump from office.
Experts and insiders agree the coming year could have a lot in store for the maturing cannabis industry, from acceleration of M&A and funding in the capital markets to continuing momentum toward legalization on the state level.
Within a span of about 24 hours, three House Democrats have announced they tested positive for COVID-19.
Corporate America is quickly distancing itself from the defeated President Donald Trump.
