.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."
These are the headlines you Need 2 Know for Wednesday, January 8, 2020.
A Ukrainian passenger jet carrying 176 people crashed on Wednesday, just minutes after taking off from the Iranian capital's main airport, turning farmland on the outskirts of Tehran into fields of flaming debris and killing all on board.
Iran struck back at the United States for the killing of a top Iranian general early Wednesday, firing a series of ballistic missiles at two Iraqi bases housing U.S. troops in a major escalation that brought the two longtime foes closer to war.
Debra Wada, vice chair of the National Commission of Military, National and Public Service discussed what Selective Service entails in light of recent interest from the recent killing of Iranian Gen. Qassem Soleimani.
Senate Majority Leader Mitch McConnell said Tuesday he has secured the Republican votes needed to start President Donald Trump’s impeachment trial and postpone a decision on witnesses or documents that Democrats want.
The Florida congressman is defending the president's actions in authorizing a drone strike that killed Gen. Qassem Soleimani last week and told Cheddar the president acted in self-defense.
As tensions continue to rise in the Middle East, Mike Pompeo answered questions from reporters at the State Department.
A stampede broke out Tuesday at a funeral for a top Iranian general killed in a U.S. airstrike, and at least 40 people were killed and more than 200 were injured as thousands thronged the procession, two Iranian news agencies reported.
These are the headlines you Need 2 Know for Tuesday, January 7, 2020.
Brent oil prices, the international benchmark, hit the $70 mark for the first time in three months and the price of West Texas Intermediate, the American oil benchmark, reached more than $63 a barrel.
