.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."
State Senator Tom Umberg introduced legislation to regulate DNA data collected by popular testing services like 23andMe and Ancestry.com.
The Office of the United States Trade Representative announced last month that tariffs as high as 100 percent could be added to products such as Irish and Scotch whiskeys, Cognac, and Parmesan cheese as soon as mid-February.
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.
For the first time, China disclosed information about the effect of the virus on medical workers — 1,716 medical workers have contracted the novel coronavirus and six have died.
These are the headlines you Need 2 Know for Friday, February 14, 2020.
The former NYC mayor tried something different in the Democratic primary race so far, pushing memes on Instagram that left some potential voters and experts scratching their heads.
Activist and Marjory Stoneman Douglas High School shooting survivor Brendan Duff joined hip-hop star will.i.am to promote a new documentary about the tragic day and to stand up for young voters.
A Republican-led coalition of fossil fuel giants, environmental advocates, and former federal policymakers on Thursday issued a "Roadmap" to addressing climate change that, while labeled as "Bipartisan," is particularly aimed at garnering GOP support.
The World Health Organization Thursday pointed to a change in reporting, rather than a sudden acceleration of infections. But for many, it strengthened the concern that nobody really knows how widespread the illness is, and there appears to be no good way to figure it out.
The Senate has approved a bipartisan measure limiting President Donald Trump's authority to launch military operations against Iran. The resolution says Trump must seek approval from Congress before engaging in further military action.
