.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 Wednesday, June 12, 2019.
Attorneys general from states across the country filed a federal lawsuit on Tuesday against the pending merger between T-Mobile and Sprint.
These are the headlines you Need 2 Know for Tuesday, June 11, 2019.
Canada plans to ban all single-use plastic products such as bags, straws, cutlery, and plates by 2021, Prime Minister Justin Trudeau announced Monday.
The major pharmaceutical maker Insys Therapeutics filed for bankruptcy protection on Monday, less than a week after the company agreed to pay $225 million to settle federal charges related to bribing doctors to prescribe opioid painkillers.
These are the headlines you Need 2 Know for Monday, June 10, 2019.
Trump strikes a solemn and respectful tone during his formal speech at Normandy, but not before a blistering attack on his political adversaries.
U.S. employers added just 75,000 jobs in May, a sharp decline from the month prior and a far cry from what economists were expecting.
Progressive advocacy groups across the country are ramping up pressure on federal lawmakers to open an impeachment inquiry into President Donald Trump.
Nearly a decade since the Arab Spring uprisings, social media use in the region has declined dramatically.
