.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."
Grubhub recently announced their $1 million dollar fund for social good causes. The first initiative is being called "RestaurantHer" and is aimed at helping promote women and female-led restaurants in an uneven industry.
Former NBA star Al Harrington is looking to become the next marijuana mogul. He is taking on this emerging market with the introduction of his own line of CBD products that will roll out this summer. Harrington explains how marijuana can impact the pro-sports arena.
Georgia's Lieutenant Governor is calling on Delta to reinstate its relationship with the NRA. The backlash coming after Delta alerted the NRA plans to end its contract for discounted rates. Think Progress Editor Judd Legum explains how corporate america is splitting with NRA amid pressure from groups in light of a mass shooting inside a Florida high school earlier this month.
Gun control is at the top of the agenda for many in Washington. A number of initiatives have been proposed, from raising the minimum purchasing age for guns to banning bump stocks. But with so many cooks in the kitchen, will anything get done?
The Supreme Court hears arguments Tuesday which center around an old law written in 1986, well before email and cloud storage were so prevalent. The case has big implications for consumer privacy, says Steven Overly, tech reporter at Politico.
Gideon Resnick, political reporter for The Daily Beast, discusses the Supreme Court's decision to not hear the Trump administration's appeals argument on DACA. This move essentially eliminates the March 5th deadline instated by President Trump last year.
The midterm elections are rapidly approaching. Members of Congress have those races in the backs of their heads as they make key policy decisions in Washington. J.D. Durkin brings us a special look at the race in Texas.
The Dow closes up nearly 400 points. Apple is reportedly releasing three new phones. Samsung unveiled its new S9 and S9+. The Supreme Court declined to take up the Trump Administration's appeal on DACA. Fitbit misses on earnings.
Cheddar Politics goes in-depth on the gun debate with The Young Turks, Rare Media, and Congressman Ted Deutch (D-FL). Between Bells catches up with Glam Masters' Kandee Johnson, and UnREAL's Bart Edwards.
Just six weeks after legalizing recreational marijuana, one California city is slashing its cannabis tax rate. The city of Berkeley is cutting its pot tax from 10% to 5% in an effort to attract and retain businesses in the area.
