.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."
GOP National Spokesperson Liz Harrington claimed Democrats should have subpoenaed witnesses, despite the House notably issuing subpoenas during the initial inquiry.
The address kicked off the global economic gathering, which marked its 50th anniversary this year. It also came just hours before Trump's impeachment hearing was set to begin back on Capitol Hill.
The months of counting across the U.S. are essential, Census Bureau Director Steven Dillingham emphasized. The results determine how federal funds are distributed to public entities like schools and hospitals and for infrastructure and public services.
Members of the public who want to follow President Donald Trump's impeachment and Hollywood mogul Harvey Weinstein's rape trial through the media will sit in obstructed seats.
These are the headlines you Need 2 Know for Tuesday, January 21, 2020.
This Saturday marks the fourth annual Women’s March, the annual gathering to support women which began as President Donald Trump entered the White House. Now, this year’s march marks the last of its kind before the 2020 election.
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.
The wife of Democratic presidential candidate Andrew Yang says she was sexually assaulted by an obstetrician while she was pregnant with the couple's first child.
Here are the headlines you Need 2 Know for Friday, January 17, 2020.
A Capitol Hill hearing on cannabis legislation Wednesday underscored the regulatory straitjacket that restricts research and scheduling of cannabis in the United States.
