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