.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 number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress.
President Donald Trump is threatening to torpedo Congress’ massive pandemic relief package in the midst of a raging pandemic and deep economic uncertainty.
Pfizer and BioNTech will supply the U.S. with an additional 100 million doses of their COVID-19 vaccine under a new agreement.
Stuffed into the new emergency relief package is a morsel that President Donald Trump has long had on the buffet of his economic wish list: restoring full tax breaks for restaurant business meals.
The Justice Department is suing Walmart, alleging the company unlawfully dispensed controlled substances through its pharmacies, helping to fuel the opioid crisis in America.
The coordinator of the White House coronavirus response says she plans to retire. But first, Dr. Deborah Birx says, she's willing to help President-elect Joe Biden’s team with its coronavirus response if needed.
While the U.S. reels from the massive SolarWinds hack, which compromised government agencies and private tech companies, experts predict more attacks on high-value targets are likely to occur.
Congress passed a $900 billion pandemic relief package Monday night that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.
Spreading the word that the COVID vaccine is safe and effective is Rep. Adriano Espaillat, D-N.Y., who represents Harlem and much of Upper Manhattan.
President-elect Joe Biden received his first dose of the coronavirus vaccine on live television as part of a growing effort to convince the American public the inoculations are safe.
