.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."
Ongoing tensions between the U.S. and Iran this week have reignited the debate about whether or not bitcoin works as a safe haven asset in times of heightened geopolitical uncertainty.
Democratic presidential candidate Marianne Williamson, the spiritual guru and bestselling author, ended her campaign on Friday, weeks before voting begins,
Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin announced new sanctions against Iran and its economy.
In a letter to her Democratic colleagues, Pelosi said she was proud of their "courage and patriotism" and warned that senators now have a choice as they consider the charges of abuse and obstruction against the president.
U.S. employers downshifted on hiring in December, adding 145,000 jobs, with steady spending by Americans continuing to steer economic growth heading into a presidential election year.
Here are the headlines you Need 2 know for Friday, January 10, 2020
The House approved a resolution on Thursday to force the president to halt military action against Iran without Congressional authorization, restarting conversations on the role of Congress in war.
Experts say geopolitical tensions and sanctions make a hard job already harder, restricting the flow of information necessary to find the facts of the crash.
The Iowa Senator made the characterization to Cheddar after his Republican colleagues Sens. Mike Lee (R-Utah) and Rand Paul (R-Ky.) blasted the president's long-awaited and delayed briefing on the killing.
The officials, citing U.S. intelligence, spoke on the condition of anonymity to discuss sensitive information. They said they had no certain knowledge of Iranian intent. But they said it could very well have been a mistake, and that the airliner was mistaken for a threat.
