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Burr steps aside as Senate intelligence chair amid FBI probe

11 months 3 weeks 1 day ago Thursday, May 14 2020 May 14, 2020 May 14, 2020 10:34 AM May 14, 2020 in News
By MARY CLARE JALONICK and ERIC TUCKER
Associated Press
  
WASHINGTON (AP) - Sen. Richard Burr 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."
(Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)

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