Burr Steps Down As Intelligence Chairman During Probe Of Stock Sell-Off

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Burr Steps Down As Intelligence Chairman During Probe Of Stock Sell-Off
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NEW: GOP Sen. Richard Burr is stepping down as chairman of the Intelligence Committee amid a Justice Department probe of his stock trades. A senior official tells NPR that the FBI executed a search warrant on Wednesday and seized Burr's cellphone.

Sen. Richard Burr, R-N.C., pictured in February, is temporarily stepping aside as chairman of the Senate Intelligence Committee during an ongoing investigation by the Justice Department.Sen. Richard Burr, R-N.C., pictured in February, is temporarily stepping aside as chairman of the Senate Intelligence Committee during an ongoing investigation by the Justice Department.Sen. Richard Burr, R-N.C.

"Senator Burr contacted me this morning to inform me of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation," McConnell said in a written statement."We agreed that this decision would be in the best interests of the committee and will be effective at the end of the day tomorrow."

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Richard Burr to step down as chair of Senate Intel during FBI investigation - Business InsiderRichard Burr to step down as chair of Senate Intel during FBI investigation - Business InsiderOn Wednesday, The Los Angeles Times reported that the FBI had seized a cell phone belonging to Burr while investigating stock trades he made.
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FBI Serves Search Warrant to GOP Senator Richard Burr: ReportFBI Serves Search Warrant to GOP Senator Richard Burr: ReportThe FBI reportedly seized Burr’s phone following allegations he engaged in insider trading using coronavirus intel he gleaned from Senate briefings.
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