.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 CEO of ad cybersecurity firm CHEQ, Guy Tytunovich, told Cheddar that "fake news" is a "major, major problem" costing people control of their lives globally.
These are the headlines you Need 2 Know.
While grassroots support is nothing new, the online nature of Yang supporters shows how outsider campaigns with less infrastructure leverage technology and online spaces to get noticed.
The surprise rejection of Amazon Web Service's bid on October 25 raised eyebrows because the company had appeared to be the frontrunner thanks to its extensive experience with cloud computing.
Commerce Secretary Wilbur Ross and White House economic advisor Larry Kudlow made remarks that predict phase one of a trade deal with China is nearing completion, though the president has yet to signal his approval.
These are the headlines you Need 2 Know for Friday, November 15, 2019.
Rep. Eric Swalwell (D-Calif.) told Cheddar that the Republican lead counsel, Stephen Castor, was tasked with an impossible job.
President Trump thanked Recep Tayyip Erdogan in a joint press conference for working closely with the U.S. on several Middle East issues while noting the "challenges" created by Turkey's purchasing of Russian military equipment.
Federal Reserve Chairman Jerome Powell testified at the annual meeting of the Joint Economic Committee of Congress and said policymakers are unlikely to cut rates again in the short-term.
House Intelligence Committee Chairman Adam Schiff and Ranking Member Devin Nunes laid out the competing narratives of the impeachment inquiry into President Donald Trump Wednesday morning.
