.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."
The U.S. residential solar market posted its biggest quarter on record in Q3 2019, according to a report by Wood Mackenzie Power and Renewables.
The House Judiciary Committee launched a lively, marathon session Thursday ahead of voting on articles of impeachment against President Donald Trump, a historic step as the deeply partisan panel prepares to send the charges to the full House.
Federal Reserve Chairman Jerome Powell announced on Wednesday that interest rates will remain unchanged and could stay there for some time to come.
Greta Thunberg, the Swedish teenage climate activist, is Time's 2019 Person of the Year. The 16-year-old is the youngest person to ever receive the honor
Google's 'Year in Search' report is out, and it shows what we've all been looking for in 2019.
The New York State Department of Financial Services has proposed new guidance for licensed cryptocurrency firms that would make it easier for them to add new coins to their offerings, Superintendent Linda Lacewell announced Wednesday.
These are the headlines you Need 2 Know for Wednesday, December 11, 2019.
These are the headlines you Need 2 Know for Tuesday, December 10, 2019.
House Democrats handed the president one of his biggest legislative victories, the United States-Mexico-Canada Agreement (USMCA) to replace NAFTA, even as they announce articles of impeachment against him.
Stocks in the U.S. opened higher Tuesday, reversing pre-market losses after a report in the Wall Street Journal signified that American and Chinese negotiators were preparing to delay the next round of tariffs, scheduled to go into effect Sunday. The Journal cited sources close to the matter on both sides of the table.
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