Sen. Burr Steps Down as
Intelligence Committee Chair
as FBI Probes Stock Trades On Thursday, the Republican Senator
from North Carolina informed Senate
Majority Leader Mitch McConnell
that he would be stepping down. Sen. McConnell, via
'The Washington Post' Burr's cellphone was
seized by the FBI as part
of an investigation of stock trades
made on behalf of the senator. The trades were conducted
before the market crashed due
to the coronavirus pandemic. Burr made a statement
regarding his decision. Sen. Burr, via
'The Washington Post' A replacement for Burr has not been announced.
Republican Senators Risch and Rubio are
next in line for the position per seniority.