.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."
Breaking with President Donald Trump, outgoing Attorney General William Barr says he sees “no reason” to appoint a special counsel on potential election fraud or the tax investigation into the son of President-elect Joe Biden.
A statue of Confederate Gen. Robert E. Lee that represented Virginia in the U.S. Capitol has been removed. Virginia Gov. Ralph Northam said in a statement that workers removed the statue from the National Statuary Hall Collection early Monday.
Congressional leaders have hashed out a massive, year-end catchall bill that combines $900 billion in COVID-19 aid with a $1.4 trillion omnibus spending bill.
Sen. Angus King (I-Maine) sent a last-minute Christmas request this week to the leaders of six major streaming services on behalf of the American public.
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.
Top negotiators on a must-pass, almost $1 trillion COVID-19 economic relief package are committed to sealing an agreement in hopes of passing the legislation this weekend.
The legislative branch of government is rapidly moving to receive the coronavirus vaccine, with both House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell getting the shot on Friday.
As the second wave of COVID-19 sweeps the U.S., frontline doctors are reliving the worst of the pandemic. Cheddar's Michelle Castillo finds out how doctors are coping.
Outgoing freshman Representative Joe Cunningham (D-S.C. 1st District) capped his farewell speech today with an unorthodox — and prohibited — gesture on the House floor.
Dozens of states filed an anti-trust lawsuit against Google on Thursday, alleging that the search giant has an illegal monopoly over the online search market that hurts consumers and advertisers.
