.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."
Following the impeachment and acquittal of President Donald Trump after a bitter partisan battle, Americans now face a new reality that involves serious questions about the ability of the federal government to respect longheld balances of power.
The Senate voted to acquit the president on both counts, 52-48 on abuse of power and 53-47 on obstruction of Congress, after a 12-day impeachment trial, the shortest ever.
An institution that often calls its interest-rate stance “data-dependent,” the Fed is increasingly recognizing that some privately produced data is nearly as accurate as — and often timelier than — the government reports that it has long depended upon.
Romney called Trump's actions — the president was impeached on charges of abuse of power and obstructing Congress— "perhaps the most abusive and destructive" violation of oath of office that I can imagine."
Minneapolis City Council member Andrea Jenkins discussed her range of issues including city services, the LGBTQ community, communities of color, infrastructure, economic development, and the future of the U.S. presidency.
These are the headlines you Need 2 Know for Wednesday, February 5, 2020.
Tonight President Donald Trump gets to issue his third State of the Union address to lawmakers and guests on Capitol Hill. Cheddar is keeping track of the night's best moments.
Democratic state Rep. Robert "Renny" Cushing told Cheddar that the Granite State, surrounded by adult-use legal states, needs to get with the times.
Democratic Party officials in Iowa have released more than 60 percent their delayed caucus results. Confusion and chaos still hang over Iowa and its first-in-the-nation presidential contest.
Technology companies and banks led a broad rally for U.S. stocks in midday trading Tuesday following solid gains overseas. China took more steps to soften the financial blow of the virus outbreak and its main stock index rose following a plunge a day earlier.
