.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."
With a vote of 97-2, the Senate passed a bill Tuesday that will fund the 9/11 Victims Compensation Fund through 2090.
Hundreds of thousands of Puerto Ricans are protesting in the streets of San Juan, calling for embattled governor Ricardo Rosselló to resign. Victoria Leandra, Journalist and Producer at VICE News, joined Cheddar to discuss the latest.
These are the headlines you Need 2 Know for Tuesday, July 23, 2019.
These are the headlines you Need 2 Know for Monday, July 22, 2019.
*From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.*
TripAdvisor, a leading recommendations platform for global tourism, came under fire last week from Amnesty International for its scores of listings in Israeli settlements in the Palestinian occupied territories.
These are the headlines you Need 2 Know for Friday, July 19, 2019.
Following Iran's seizure of a foreign oil tanker and the U.S. shooting down an Iranian drone, Rep. Khanna is concerned about the alarming escalation between the two nations.
Rapper A$AP Rocky and two of his companions are currently being held in Sweden after an altercation in the city of Stockholm, but the hip-hop star's Congressman Adriano Espaillat believes race is a factor at play in the detention.
These are the headlines you Need 2 Know for Thursday, July 18, 2019.
