.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 leaders of both nations were set to ink the so-called "phase one" trade agreement at the Asia-Pacific Economic Cooperation (APEC) summit in Chile next month. However, the summit was canceled due to civil unrest in Santiago, Chile's capital.
These are the headlines you Need 2 Know for Thursday, October 31, 2019.
These are the headlines you Need 2 Know for Wednesday, October 30, 2019.
Presidential candidate Rep. Tulsi Gabbard joined families of 9/11 victims and first responders Tuesday as she called on the Trump administration and the FBI to release documents that she said could implicate Saudi Arabia for its role in the attacks.
In mid-September, the White House revoked a waiver that allows California to implement stricter emission standards than what the federal government puts forward under the Clean Air Act.
Hong Kong Financial Secretary Paul Chan stated official quarterly GDP figures would be released Thursday, but that preliminary analysis shows consecutive economic contractions.
These are the headlines you Need 2 Know for Monday, October 28, 2019.
The U.S. Education Department was also ordered to pay $100,000 in damages.
The governor on Tuesday called on the state's attorney general to investigate why drivers in the Golden State are being forced to shell out $1.50 more than the average U.S. driver.
These are the headlines you Need 2 Know for Wednesday, October 23, 2019.
