.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."
Call it the "sandwich generation" ー people, often women, in their 30s and early 40s juggling demanding careers and increasing demands of caring for aging parents. Those are some of the stories Emmy Award-winning journalist Laura Ling is hoping to highlight in her podcast "Everyday Bravery."
These are the headlines you Need 2 Know for Friday, Nov. 30, 2018.
Ignorance is a major impediment in the effort to reverse climate change, said the former chief sustainability officer for the Obama administration. “I think lot of it is lack of awareness, these are topics that a lot of energy nerds like myself have been thinking of for a long time," Christine Harada, the president of i(x) Investments told Cheddar on Wednesday.
This morning on Cheddar Big News: President Trump says a pardon is "not off the table" for his former campaign chairman Paul Mananfort; families of victims of the Santa Fe, Tex. school shooting sue the parents of the gunman; and highlights from the National Tree Lighting in Washington, D.C.
These are the headlines you Need 2 Know for Thursday, Nov. 29, 2018.
Committees in the New Jersey state Senate and Assembly may have both approved a bill that would legalize recreational marijuana in the state, but the bill's success isn't certain, said Politico New Jersey Reporter Sam Sutton.
Facebook has failed to properly address its “black people problem,” a former employee told Cheddar Wednesday. Earlier this month, former partnerships manager Mark Luckie sent a searing memo criticizing the company’s lack of racial diversity to Facebook employees shortly before he left his post. He recently published the memo, which quickly went viral.
TOMS Founder Blake Mycoskie told Cheddar in an interview he decided after the recent shooting in Thousand Oaks, Calif., near his home, that it was incumbent on businesses to act where lawmakers could not.
Fed Chair Jerome Powell addressed a luncheon Tuesday with a tone that suggested interest rate hikes may slow. Investors loved what they heard, and markets soared in the wake of Powell's remarks.
Venezuela, once a vibrant economy with some of the richest oil reserves in the world, is now in economic crisis. Brian Price, executive producer of a new documentary "Venezuela: State of Disaster," explores how a country with so much promise devolved into utter economic disaster, where hospital patients are now told to "bring their own lightbulbs" to surgery so the doctor can see.
