.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."
Rep. Colleen Hanabusa (D-HI) says that it was "really pandemonium" and wonders whether the state was prepared for a catastrophe of this magnitude.
Facebook's COO Sheryl Sandberg and Twitter's CEO Jack Dorsey are set to leave Disney's board in March due to a conflict of interest. Bitcoin hits a new low, and could CBS and Viacom be headed towards a reunion? Plus, one of the "The Walking Dead" stars join us to discuss what viewers can expect from this season. Now that the Detroit Auto Show is underway, we'll tell you what to look out for.
Tech giants such as Facebook, Google and Twitter will once again face Congress this week to testify in the Russian election meddling investigation. Daniel Ives, Chief Strategy Officer and Head of Technology Research at GBH Insights and Scott Kessler, Director of Equity Research and Analyst at CFRA join The Long and The Short to discuss which platform will be affected the most from this trial.
Nate Madden, Congressional Correspondent for CRTV, discusses President Trump's recent alleged comments referring to Haiti and other African nations as "shithole countries." He weighs in on what that means for Washington as Democrats and Republicans try to avoid a government shutdown at the end of the week.
A look at the latest headlines on The Crypto Craze. South Korea bans Crypto, Ethereum hit an all time high. MoneyGram and Ripple team up. Arizona considers letting residents pay taxes with digital currency. The Wrap releasing a report saying Viacom and CBS are looking to merge.
President Trump facing backlash after reportedly delivering vulgar remarks at a meeting with lawmakers at the White house Thursday about immigration policy. Steve Bannon out of his role in the White House, and this week stepped down from his post at Breitbart News. Now, without a specific role in this political landscape we look at how the 2018 Midterms, and President Trump will fare without this political operative. Cheddar's Tim Stenovec speaks with Daily Wire Editor-in-Chief Ben Shapiro.
Facebook is changing up its News Feed, a new twist in the "All the Money in the World" wage gap controversy, and Lindsay Lohan might design a manmade island in Dubai. Plus, wrapping up the biggest headlines from CES with Wired, celebrity fashion designer Isaac Mizrahi, and the star of Amazon's "Philip K. Dick's Electric Dreams."
With companies such as Facebook and Twitter finding themselves in the crosshairs of politicians, overlap of law and business has become more and more of an issue. Raj Goyle, Founder of Bodhala, an A.I. tool working to improve business efficiencies in the legal industry, was with us to discuss how machine learning is revolutionizing law.
Get ready for major changes coming to your Facebook Newsfeed. The social media giant said it will favor posts shared by friends over what's published by businesses or news organizations.
Dropbox is going public. The file-sharing company confidentially filed for an IPO, with Goldman Sachs and JP Morgan reportedly leading the offering.
President Trump is in hot water after reportedly calling Haiti, El Salvador, and some African Countries "shitholes" in a closed-door immigration meeting with members of Congress. The President denies he used this language, but Senator Dick Durbin (D-IL) was in the room during the meeting and says he heard President Trump speak those words.
