.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 Senate Banking Committee approved President Donald Trump’s controversial nominee for the Federal Reserve, Judy Shelton, on a party-line vote Tuesday.
In a newly introduced bill, North Carolina Congressman, Ted Budd, is calling on the TSA to implement temperature checks at airport security check points.
The Justice Department says hackers working with the Chinese government targeted firms developing coronavirus vaccines and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies worldwide.
As the coronavirus pandemic drags on, a new poll from NORC at the University of Chicago finds it's having different effects on Americans’ economic well-being.
Former Education Secretary Margaret Spellings talks about the chaos around the issues of reopening schools amid the pandemic.
Hundreds of workers are rallying outside the Trump International Hotel in Manhattan and the Massachusetts Statehouse to protest systemic racism and economic inequality.
Georgia Democrats have selected state Sen. Nikema Williams, chair of the state party, to replace Rep. John Lewis on the ballot in November.
Steve Case, CEO of venture capital firm Revolution and co-founder of AOL, is making the case for supporting startups in a package that could put upwards of a trillion dollars into the economy.
President Donald Trump met with top Republican congressional leaders Monday at the White House on the next COVID-19 aid package.
The Amal, or Hope, orbiter is the Arab world’s first interplanetary mission.
