.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 Trump administration has relaxed a regulation restricting water flow from showerheads — something that was a pet peeve of President Trump, who complained that he wanted more water to make his hair “perfect.”
One of President Donald Trump's former Atlantic City casinos will be blown up next month, and for the right amount of money, you could be the one to press the button that brings it down.
Top congressional leaders appear to be on the brink of a long-delayed COVID-19 aid package.
The Federal Reserve will keep buying government bonds until the economy makes “substantial” progress, a step intended to reassure financial markets and keep long-term borrowing rates low.
Paris city hall has been fined 90,000 euros ($109,408) for having appointed too many women to top positions in 2018, in breach of a law aimed at ensuring gender balance.
The pace is intensifying as Washington negotiators try to reach agreement on COVID-19 relief. House Speaker Nancy Pelosi has summoned other top congressional leaders for a potentially critical meeting on Tuesday.
Senate Majority Leader Mitch McConnell congratulated Democrat Joe Biden on Tuesday as the president-elect. The Republican leader said the Electoral College “has spoken.”
Attorney General William Barr, one of President Donald Trump’s staunchest allies, is resigning amid lingering tension with the president over the president’s baseless claims of election fraud and the investigation into President-elect Joe Biden’s son.
Presidential electors have given Joe Biden a majority of their votes, formalizing his victory in last month’s election. California’s 55 votes put Biden over the top Monday.
A bipartisan group of lawmakers is unveiling a proposal for COVID-19 relief as Congress searches for a final agreement.
