.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."
With impeachment pressure mounting, the House is speeding ahead to try to oust President Donald Trump from office.
Rep. Swalwell of California didn't mince words when pressing for the removal of Donald Trump from the presidency, along with GOP officials he alleged were his accomplices for inciting the Capitol Hill attack.
Democratic Rep. Bonnie Watson Coleman of New Jersey says she has tested positive for COVID-19.
Following the chaotic scenes of the riot on Capitol Hill, many brands have had to rethink their advertising strategies.
Melania Trump says she's “disappointed and disheartened" by the deadly riot at the Capitol by supporters of her husband.
Mbye Njie, an activist and founder of the Legal Equalizer app, joined Cheddar to explain how the product might help Black and minority drivers and police officers alike during a traffic stop.
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.
House Speaker Nancy Pelosi says she has spoken to the chairman of the Joint Chiefs of Staff about preventing President Donald Trump from ordering a nuclear strike in his final days in office.
President-elect Joe Biden has introduced the governor of Rhode Island, the mayor of Boston, and a small-business advocate from California as the newest members of his economic team.
Rep. Carolyn Bourdeaux (D-Ga. 7th District), spoke with Cheddar about what's at stake with the Senate runoffs in the Peach State and asks people to remain patient with the results.
