.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."
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.
These are the headlines you Need 2 Know for Wednesday, November 13, 2019.
The president's fiery comments aimed at the Fed come just a day before Chairman Jerome Powell heads to Capitol Hill to testify before the Joint Economic Committee on the state of the economy.
The sold out event marked progress for the industry, and hammered home opportunities ー and challenges ー on the rise in one of the next frontiers for cannabis legalization: the European Union.
The 'What's Your Warrior?' campaign is designed to introduce Generation Z to the diverse range of Army opportunities and build awareness among the country's youth.
Jamaal Bowman, a Justice Democrat, has called to repeal the 1994 Crime Bill, a piece of legislation backed by his opponent, 16-term Democratic Congressman Eliot Engel.
With the billionaire ex-NYC mayor looking to enter the crowded field of contenders, the NJ Senator's campaign doesn't believe Bloomberg could build a "multiracial coalition" to beat Donald Trump.
Juli Briskman was elected earlier this week as a supervisor in her home Algonkian District in Loudoun County, Virginia.
