.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."
Gloria Guevara, World Travel and Tourism Council CEO and president, told Cheddar on Tuesday that travel-related businesses are very eager for people to start taking trips again, however, opening the industry will need to be done in a coordinated way.
Dr. Anthony Fauci, the nation’s top infectious disease expert, is warning Congress and the nation of what he calls "really serious” consequences of suffering, death and deeper economic damage if state and local officials lift stay-at-home orders too quickly.
Broward County Mayor Dale V.C. Holness told Cheddar Monday many of the counties in South Florida have been working together to decide on a reopening date for their communities.
Dr. Beth Cameron, who is currently vice president of global biology programs at the Nuclear Threat Initiative, was previously a senior director in the White House pandemic office under the National Security Council.
The White House is requiring everyone who enters the West Wing to wear a mask or face covering.
Tesla CEO Elon Musk confirmed on Twitter Monday that the company has restarted its California factory in violation of local government orders.
The Navajo reservation spans three western U.S. states and has some of the highest rates of coronavirus in the country. With roughly 175,000 people living there, the tribe has seen 3,122 cases. At least 100 people have died.
Stocks are dipping in early trading on Wall Street Monday and giving back some of the strong gains made last week.
Coronavirus has forced New York City teachers to fundamentally change how they educate students. Now they're fighting for their own vision of how and when schools should reopen.
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.
