Marco Rubio will lead Senate Intelligence Committee as FBI investigates Richard Burr for insider trading

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Marco Rubio will lead Senate Intelligence Committee as FBI investigates Richard Burr for insider trading
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Senate Majority Leader Mitch McConnell announced the leadership change on Monday afternoon, calling Rubio a 'natural choice' for the position.

Florida's Marco Rubio has been tapped to lead the Senate Intelligence Committee after former chairman Richard Burr was forced to step down amid a federal investigation into allegations of insider trading.

Senator Burr stepped down last Thursday after FBI agents seized his cellphone as part of an ongoing probe related to stock sales he made before the coronavirus pandemic caused global stock markets to crash. "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," McConnell said in a statement at the time.

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