.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."
Facebook is making changes to its data-sharing practices in the wake of the Cambridge Analytica scandal. The social media company announced late Wednesday that it would stop sharing user information with third-party data firms.
President Trump called out Amazon in an early morning tweet today, saying he's concerned the company pays "little or no taxes." This follows reports that the president wanted to go after Amazon.
Comedian Anthony Atamanuik guesses whether the president has taken to Twitter to discuss sandwiches and nipples. Atamanuik impersonates Trump for Comedy Central's "The President's Show."
The Congressman favors gun control rather than a full-blown repeal of the Constitutional Amendment, including controls on semi-automatic weapons and bump stocks. Early Tuesday, John Paul Stevens, a former Associate Justice of the U.S. Supreme Court, published an op-ed calling for a repeal of the Amendment.
Adult film star Stormy Daniels has no proof to back up any of her claims, including the assertion that she was threatened to stay silent by President Trump's team. For that reason, she isn't a legal threat to the president, says former prosecutor Jonna Spilbor. Daniels, whose real name is Stephanie Clifford, sat down in an exclusive interview on "60 Minutes" Sunday.
Student-turned-activist David Hogg speaks with Cheddar's J.D. Durkin ahead of Saturday's March For Our Lives rallies. The event in Washington D.C. and around the world will push for action on gun reform. Hogg is a survivor of the Parkland, Fla., high school shooting last month.
President Trump's proposed tariffs on Chinese imports and Facebook's privacy scandal both weighed down markets Thursday, said Daniel Ives, Chief Strategy Officer at GBH Insights. The Dow ended the day more than 700 points lower.
On Wednesday night, the Facebook CEO sat down with four media outlets to discuss the Cambridge Analytica scandal that has engulfed the company for the past week. While he hit the right tone and talking points, he didn't really address most users' concerns, says Ina Fried, Chief Technology Correspondent at Axios.
Congressman John Garamendi (D-CA) told Cheddar he believes the Trump campaign was aware of the use of private data harvested off Facebook and is outraged the social media company sought to profit off the move. The company remains under fire amid a data scandal that unveiled private information of more than 50 million users to an analytics firm working for the Trump campaign.
The "Sex and the City" actress is positioning herself to the left of Gov. Andrew Cuomo on issues that New Yorkers feel strongly about, says Erin Delmore, Senior Political Correspondent at Bustle. Nixon declared her candidacy on Monday.
Federal regulators will try to find out whether the social media company knew what Cambridge Analytica was doing with data harvested off of its platform, says Jesse Byrnes, Associate Editor of The Hill. The agency launched a probe into the social media network on Tuesday after revelations the data firm used information about millions of Americans to help President Trump's campaign.
