.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 Thursday, Aug. 15, 2019.
An unofficial coalition of far-right extremist groups are set to descend on Portland, Oregon this weekend and the city’s mayor has a clear message for them: you are not welcome.
J.D. Durkin made his way to an Iowan raceway and watering hole as the Hawkeye State hosts the many candidates vying for the primary election.
The Trump administration significantly weakened the Endangered Species Act (ESA) this week, largely gutting its implementation mechanisms to allow for greater economic development in protected habitats. The decision — announced by the U.S. Secretary of the Interior on Monday — was widely condemned by critics who say the revised regulations will hurt biodiversity and wildlife at a most precarious time.
Argentina’s stock market and currency value plummeted this week following a shocking electoral defeat on Sunday for President Mauricio Macri, the nation’s conservative leader.
Markets soared Tuesday morning following the Trump administration's decision to delay and revise its latest round of punitive tariffs against China. The Dow jumped over 400 points while the S&P 500 and the Nasdaq Composite both rose roughly 2 percent.
The Iowa caucus is still six months away but Democrats are not wasting any time in their effort to return the state to their side of the aisle. Yet the confidence is equally strong within the Republican party.
VineSight, an AI-based start-up, is working to detect misinformation attacks against candidates like Joe Biden or Kamala Harris early during their campaigns.
These are the headlines you Need 2 Know for Monday, Aug. 12, 2019.
Hong Kong International Airport came to crippling halt on Monday with thousands of anti-government protesters occupying the airport’s main terminals. Authorities said operations have “been seriously disrupted” and cancelled all flights in and out of the major international hub.
