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Florida Republican Rep. Dennis Ross is retiring after eight years of serving in the US House."After thoughtful prayer and consideration, my wife Cindy and I decided that I will not seek re-election for a fifth-term in office," Ross wrote in a statement posted to Facebook Wednesday morning."I am grateful for this incredible opportunity to serve and I look forward to the next chapter of my life which will include, in some way, continued public service."Ross wrote that he plans on returning to Lakeland, Florida, the district he represents, and practicing law.The Tampa Bay Times was the first to report on Ross' retirement."Eight years takes its time on you. ... There's got to be an exit strategy at some point," Ross, who was elected in 2010, told the newspaper.The retirement announcement of Ross, who joined House leadership in 2014 as senior deputy majority whip, comes the same day that House Speaker Paul Ryan said he won't seek re-election and will hang up his gavel after this year.The-CNN-Wire 1014

FORT LAUDERDALE, Fla. (AP) — Security video shows a Florida sheriff's deputy go toward the high school building while a gunman massacred 17 students and staff members, but he stayed outside with his handgun drawn.The Broward County Sheriff's Office released the video Thursday showing Deputy Scot Peterson's actions during the Feb. 14 shooting.It shows him and a staff member rushing toward the building in a cart. He pulls his weapon and takes up a position outside the building.During much of the shooting, the camera's view of Peterson is blocked by a light pole but parts of him occasionally appear.Sheriff Scott Israel blasted Peterson eight days after the shooting, saying Peterson should have "went in, addressed the killer, killed the killer."The 54-year-old deputy retired rather than accept a suspension. He is still being investigated by internal affairs. 874

Florida Republican Governor Rick Scott, who is involved in a tight contest with incumbent Democratic US Senator Bill Nelson for one of the state's US Senate seat, made claims on Thursday that officials in two Florida counties are tampering with election results. Scott, using his authority as governor, got involved in his own race by ordering law enforcement officials to investigate board of election actions in Broward and Palm Beach Counties. Scott's US Senate campaign, along with the Republican Senate campaign arm, filed a lawsuit claiming that election officials in Broward County are refusing to release public records. “Every Floridian should be concerned there may be rampant fraud happening in both Broward and Palm Beach counties,” the governor said.Officials in the two Florida counties, which are Democratic-leaning, are continuing to count ballots two days after the polls closed. As of Thursday evening, Scott leads Nelson by .2 percent. That margin is a bit smaller than from Election Night when Scott led by more than a half percent. Any result within .25 percent triggers an automatic hand recount. Nelson released the following statement following Scott's announcement: “The goal here is to see that all the votes in Florida are counted and counted accurately. Rick Scott’s action appears to be politically motivated and borne out of desperation.”Meanwhile in the gubernatorial race in Florida, Republican Ron DeSantis has seen his lead evaporate from over 1 percent on Election Night to under .5 percent on Thursday. His challenger, Democrat Andrew Gillum, had previously conceded the election, but on Thursday, told supporters that he was hiring lawyers to make sure every vote is counted. Gillum tweeted the following Thursday evening: "Mr. @FLGovScott — counting votes isn't partisan — it's democracy. Count every vote."President Donald Trump weighed in on Thursday on Scott's announcement. 1973

Federal Reserve chairman Jerome Powell gave investors reason to cheer on Wednesday when he suggested that the Fed may slow down its interest rate hikes.The Dow surged on the news and closed up 600 points, or more than 2%, in midday trading. The S&P 500 and Nasdaq each rose about 2% as well.Powell reassured investors that the Fed wouldn't risk killing off economic growth by continuing to aggressively raise rates next year."Our gradual pace of raising interest rates has been an exercise in balancing risks," Powell said during a speech at the Economic Club of New York. "We know that moving too fast would risk shortening the expansion. We also know that moving too slowly -- keeping interest rates too low for too long -- could risk other distortions in the form of higher inflation."Powell noted that rates remain relatively low and that they are just below what many economists consider "neutral for the economy -- that is, neither speeding up nor slowing down growth."Investors seemed to interpret Powell's comments as a sign that the Fed, which is widely expected to raise rates again at a meeting next month, may now only hike rates once or maybe twice at most in 2019 as opposed to earlier forecasts of three or four hikes.The Dow's most cyclical stocks were among the biggest gainers. Shares of Boeing (BA), Caterpillar (CAT), Microsoft (MSFT) and Apple (AAPL) helping to lead the rally.In fact, only four Dow stocks -- Verizon (VZ), United Technologies (UTX), DowDupont (DWDP) and Procter & Gamble (PG) -- were trading lower Wednesday afternoon.Matthew Cheslock, a trader at Virtu Financial, told CNNMoney editor-at-large Richard Quest on "Markets Now" Wednesday that the market interpreted Powell's comments as meaning that we are "closer to normal rates. I think that was what really sparked the market to go higher."Cheslock added that some of Powell's remarks about the market not being in a bubble were reassuring as well.Powell's comments may assuage concerns about the Fed possibly going too far with rate increases, a criticism leveled by President Donald Trump.But Tobias Levkovich, Citigroup chief US equity strategist, told Quest that the market may be overreacting."I'm not dancing or partying right at the moment," he said, adding that the Fed has talked about gradual rate hikes "for a very long time." "Maybe [the markets] were just worried it would be worse," Levkovich said.To that end, Trump, who chose Powell to replace former Fed chief Janet Yellen, has often bashed him and the Fed on Twitter and in interviews for the rate hikes.In fact, Trump attacked Powell again in a Washington Post interview Tuesday, saying he was "not even a little bit happy" with Powell and that the Fed was making a mistake with so many rate hikes.Trump even added that sometimes decisions he makes with his "gut" matter more than what other people's brains tell him.Whether or not investors were using their guts or brains when deciding to jump back into stocks Wednesday remains to be seen. But it's clear that the bulls were back in charge on Wednesday."Markets Now" streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by Quest and CNNMoney's business correspondents, the 15-minute program features incisive commentary from experts.You can watch "Markets Now" at CNNMoney.com/MarketsNow from your desk or on your phone or tablet. If you can't catch the show live, check out highlights online and through the Markets Now newsletter, delivered to your inbox every afternoon.The-CNN-Wire 3545

Florida Gov. Rick Scott signed Senate Bill 7026 into law Friday, the first gun control legislation enacted in the state after the Parkland school massacre on February 14.The new law, known as the Marjory Stoneman Douglas High School Public Safety Act, tightens gun control in several ways but also allows some teachers to be armed."The hardest thing I've ever had to do as governor is try to console a parent who has lost a child," said Scott, surrounded by families of the victims. Scott received the bill Thursday following days of impassioned, often contentious debate in the majority-Republican House and Senate.  631