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Regardless of what's next I want to thank the fans for the past 6 years. So this weekend (10.30-11.1) Im buying y’all my favorite beer. Make a res at @Hopsmithchicago @LodgeTavern @ButchMcGuires @ShenannigansHOB & your 1st @MillerLite is on me. Just tell em to put it on #JonsTab— Jon Lester (@JLester34) October 30, 2020 334

Republican candidate Leslie Gibson has dropped out of the race for Maine's House of Representatives following backlash from controversial comments he made about two student survivors of the Parkland, Florida, school shooting."I am not walking away with my head hung low. I am walking away with my head held high," Gibson told the Portland Press Herald on Friday, saying he had made the decision after conversations with family and friends."It's the best thing for everybody," Gibson added.The Maine candidate drew outrage after posting insulting tweets about two Parkland students -- Emma González and David Hogg -- in light of their national gun control efforts."There is nothing about this skinhead lesbian that impresses me and there is nothing that she has to say unless you're a frothing at the mouth moonbat," Gibson tweeted of González, according to the Press Herald. He reportedly called Hogg a "bald-faced liar." The Twitter account used to make the remarks appears to have been deactivated and Gibson's campaign account has been set to private.Gibson later apologized to González, the Press Herald reports."I would like to extend to you my most sincere apology for how I addressed you," he said. "It was wrong and unacceptable. You are doing work that is important to you. I would like to extend my hand in friendship and understanding to you."Attempts by CNN to reach Gibson for comment were unsuccessful.Republican state Sen. Amy Volk and a number of Maine Democrats had called on Gibson to end his campaign. The comments also prompted two opponents -- one Republican and one Democrat -- to enter the race for Maine's 57th district."I never thought I would run for office, and I was perfectly content with just remaining a member of the community, but after reading Mr. Gibson's comments I thought that the people of Greene and Sabattus deserved a representative who will respect people and try to work through their differences to make our lives better," Eryn Gilchrist said in a statement from the state Democratic Party."After those recent unfortunate comments, I couldn't sit back," Republican candidate Thomas Martin Jr. said, according to the Press Herald. 2182

President Trump nominated Federal Reserve Governor Jerome Powell on Thursday to lead the world's most influential central bank.A Fed governor since 2012 and former Treasury official under the George H.W. Bush administration, Powell will replace current Fed Chair Janet Yellen. Yellen was nominated in 2013 by President Obama. Her term as the central bank's first female leader expires in February.It will be the first time in four decades that a new president hasn't asked the current Fed chair to stay on for a second term.Powell was among five candidates considered for the job. Also on the president's short list: former Fed governor Kevin Warsh, Stanford University economist John Taylor, the president's top economic adviser, Gary Cohn and Yellen.Ahead of Trump's formal announcement Thursday, Cohn praised the president's choice. "I'm really supportive of the president's decision -- and it's a great decision," he said speaking before The Economic Club of Washington.Related: Fed leaves interest rates alone and waits for TrumpThe position of Fed chair requires Senate confirmation. Republicans currently hold the majority and would be able to confirm Powell without any Democratic support, if necessary.At 64, Powell has been Yellen's ally on monetary policy, while also calling for easing some of the regulations on banks put in place after the 2008 financial crisis.Unlike almost all of his predecessors in the position, Powell is not an economist by training. Instead, he was a lawyer and former partner at private-equity firm, Carlyle Group.Two immediate challenges face Powell once he is confirmed in the role: How quickly to raise interest rates and how to continue to safely unwind the Fed's hefty balance sheet.It's the job of central bankers to shift policy levers, nudging interest rates higher or lower, to boost jobs and keep prices, or inflation, at the optimal level.What's made their job trickier is that inflation is signaling the Fed should not increase rates. But economic growth and a low unemployment rate of 4.2% are saying it should.Related: Powell would be the first investment banker to chair the Fed Powell has been supportive of Yellen's plan to gradually raise interest rates, if there are continued signs of improvement in the economy."The economy is as close to our assigned goals as it has been for many years," said Powell in a June speech at the Economic Club of New York. "Risks to the forecast now seem more balanced than they have been for a some time."Powell will also have to oversee how the central bank continues to shed some of the .5 trillion in investments it made in order to prop up the economy after the financial crisis. The Fed began the process of unwinding almost a decade's worth of stimulus investments in September.For years, the central bank piled up purchases of Treasury and mortgage-backed securities, a strategy intended to stimulate the economy by reducing borrowing costs for everyone. At the time, it also reduced its benchmark interest rate to zero, and only began raising it in December 2015, seven years after the crisis.Related: Fed taps Jerome Powell to head oversight of 'too big to fail' banksPowell voted in favor of winding down the Fed's balance sheet. And like Yellen, he's left the door open for a new round of asset purchases in the event of another crisis.In April, the Fed tapped Powell to serve as the new point man overseeing how Wall Street banks are regulated after Daniel Tarullo, the central bank's regulatory czar stepped down. Tarullo held the position for the past eight years.In this role, the Fed governor has sided with the Trump administration on easing some of the regulatory burdens on banks. He's specifically suggested relaxing the so-called Volcker Rule, which bars banks from taking risky bets with taxpayer money.The-CNN-Wire 3838

President Donald Trump’s plan to offer a stripped-down boost in unemployment benefits to millions of Americans amid the coronavirus outbreak has found little traction among the states, which would have to pay a quarter of the cost to deliver the maximum benefit.An Associated Press survey finds that as of Monday, 18 states have said they will take the federal grants allowing them to increase unemployment checks by 0 or 0 a week. The AP tally shows that 30 states have said they’re still evaluating the offer or have not said whether they plan to accept the president’s slimmed-down benefits. Two have said no.The uncertainty is putting some families’ finances in peril.Tiana Chase, who runs a community game room and store in Maynard, Massachusetts, said the extra 0 she and her partner had been receiving under the previous federal benefit helped keep them afloat after the pandemic caused many businesses to shutter.For the past few weeks, she’s been getting less than 0 in unemployment. If that’s boosted by another 0, “it’s going to be a lot tighter, but at least I can vaguely manage,” she said. “I can cover my home expenses.”Many governors say the costs to states to receive the bigger boost offered by Trump is more than their battered budgets can bear. They also say the federal government’s guidelines on how it will work are too murky. Pennsylvania Gov. Tom Wolf, a Democrat, called it a “convoluted, temporary, half-baked concept (that) has left many states, including Pennsylvania, with more questions.”New Mexico was the first state to apply for the aid last week and one of the first to be announced as a recipient by the Federal Emergency Management Agency. But Bill McCamley, secretary of the state’s Department of Workforce Solutions, said it’s not clear when the money will start going out, largely because the state needs to reprogram benefit distribution systems to make it work.“People need help and they need it right now,” McCamley said. “These dollars are so important, not only to the claimants, but because the claimants turn that money around, sometimes immediately to pay for things like rent, child care, utilities.”In March, Congress approved a series of emergency changes to the nation’s unemployment insurance system, which is run by state governments.People who were out of work got an extra federally funded 0 a week, largely because the abrupt recession made finding another job so difficult. The boost expired at the end of July, and recipients have now gone without it for up to three weeks.With Democrats, Republicans and Trump so far unable to agree to a broader new coronavirus relief plan, the president signed an executive order Aug. 8 to extend the added weekly benefit, but cut it to 0 or 0 a week, depending on which plan governors choose. States are required to chip in 0 per claimant to be able to send out the higher amount, something few have agreed to do, according to the AP tally.Trump’s executive order keeps the program in place until late December, though it will be scrapped if Congress comes up with a different program. It also will end early if the money for the program is depleted, which is likely to happen within a few months.Governors from both parties have been pushing for Congress to make a deal, even after previous talks for a sweeping new coronavirus relief bill, including an unemployment boost, broke off earlier this month.When Congress finally reaches an agreement, “I have every reason to believe ... there will be a more robust deal that is struck,” said Texas Gov. Greg Abbott, a Republican who has been noncommittal about accepting Trump’s plan.One reason for the states’ hesitancy is that they fear they will go through the complex steps required to adopt Trump’s plan, only to have it usurped by one from Congress, according to a spokeswoman for Republican Wyoming Gov. Mark Gordon.So far, most states that have said they are taking Trump up on his offer have chosen the 0 version. Some have not decided which plan to take. In North Carolina, for instance, Democratic Gov. Roy Cooper has pushed for the 0 plan, but Republican lawmakers have not committed to kick in a share of state money for that.Mississippi’s Republican Gov. Tate Reeves has spurned the deal altogether, saying it’s too expensive.State leaders who say they can’t afford to chip in point to the widespread closure of businesses, which has hammered government tax revenue. But they also acknowledge that they need the help, as a record number of claims have left their unemployment trust funds in rough shape.Most states expect to exhaust their funds and need federal loans to keep paying benefits during the recession. So far, 10 states plus the U.S. Virgin Islands have done so, including California, which has borrowed .6 billion. Another eight states have received authorization for loans but had not used them as of last week.California Gov. Gavin Newsom, a Democrat, is among governors who are critical of Trump’s approach but decided to take the deal anyway. “As I say, don’t look a gift horse in the mouth,” Newsom said last week.The federal Department of Labor reported last week that 963,000 people applied for unemployment benefits for the first time. It was the first time since March that the number dropped below 1 million. The government says more than 28 million people are receiving some kind of unemployment benefit, although that figure includes some double counting as it combines counts from multiple programs.State unemployment benefits on their own generally fall far short of replacing a laid off worker’s previous income.Chris Wade, who lives in the Chicago suburb of Schaumburg, is a server at a high-end restaurant. He was laid off in March when dine-in restaurants were closed in the state. While he’s since returned, he’s working only a few shifts a week and his unemployment checks are reduced by the amount he’s paid.The now-expired 0 weekly unemployment supplement came out to about the same as his family’s rent, he said. When his first check came in April, he was eight days behind on rent, but with the help, he’s been able to keep paying since then.“The extra money, no matter what they give me, is all going to rent anyway, or other bills,” said Wade, 45. “Every dollar actually counts.”___Follow AP reporter Geoff Mulvihill at http://www.twitter.com/geoffmulvihill.___AP statehouse reporters across the U.S. contributed to this report. 6470

Republican candidate Leslie Gibson has dropped out of the race for Maine's House of Representatives following backlash from controversial comments he made about two student survivors of the Parkland, Florida, school shooting."I am not walking away with my head hung low. I am walking away with my head held high," Gibson told the Portland Press Herald on Friday, saying he had made the decision after conversations with family and friends."It's the best thing for everybody," Gibson added.The Maine candidate drew outrage after posting insulting tweets about two Parkland students -- Emma González and David Hogg -- in light of their national gun control efforts."There is nothing about this skinhead lesbian that impresses me and there is nothing that she has to say unless you're a frothing at the mouth moonbat," Gibson tweeted of González, according to the Press Herald. He reportedly called Hogg a "bald-faced liar." The Twitter account used to make the remarks appears to have been deactivated and Gibson's campaign account has been set to private.Gibson later apologized to González, the Press Herald reports."I would like to extend to you my most sincere apology for how I addressed you," he said. "It was wrong and unacceptable. You are doing work that is important to you. I would like to extend my hand in friendship and understanding to you."Attempts by CNN to reach Gibson for comment were unsuccessful.Republican state Sen. Amy Volk and a number of Maine Democrats had called on Gibson to end his campaign. The comments also prompted two opponents -- one Republican and one Democrat -- to enter the race for Maine's 57th district."I never thought I would run for office, and I was perfectly content with just remaining a member of the community, but after reading Mr. Gibson's comments I thought that the people of Greene and Sabattus deserved a representative who will respect people and try to work through their differences to make our lives better," Eryn Gilchrist said in a statement from the state Democratic Party."After those recent unfortunate comments, I couldn't sit back," Republican candidate Thomas Martin Jr. said, according to the Press Herald. 2182

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