.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."
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.
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.
