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President Donald Trump’s campaign website was hacked on Tuesday evening, according to a campaign spokesperson.Tim Murtaugh, the campaign’s director of communications, said that the website has since been restored.“Earlier this evening, the Trump campaign website was defaced and we are working with law enforcement authorities to investigate the source of the attack,” Murtaugh said. “There was no exposure to sensitive data because none of it is actually stored on the site. The website has been restored.Earlier in the evening, New York Times cybersecurity reporter Nicole Perlroth tweeted a picture of the campaign the website while it was hacked. 658
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

Protesting an animal rights protest, a chef and co-owner at Antler Kitchen & Bar in Toronto began butchering a raw deer leg with a sharp knife in the restaurant's window.It all started with a friendly chalkboard feud with another local restaurant down the street. According to The Globe and Mail, Antler used its sidewalk sign to write what it thought was a harmless food joke."Venison is the new kale."“There was no offense meant,” Micahel Hunter, the deer-carving chef and co-owner of Antler Kitchen & Bar, told The Globe and Mail. “I’m not trying to promote a meat diet. I have a lot of respect for the vegan diet because I know how hard it is.”But, Marni Ugar, who already had experience organizing animal rights protests, took offense. She saw the sign and organized a rally, the Canadian publication wrote.A group of animal rights activists got together several times in front of the restaurant, chanting "you're a murderer" and "you've got blood on your hands," according to The Globe and Mail. After three months of listening to chants of murder echo through his restaurant came Hunter's breaking point - a counterprotest in full view of the animal rights activists."I figured I'll show them," Hunter told The Globe and Mail. "I'm going to have my own protest."Then protesters held up signs in front of the window as he carved. One had big, pink letters - MURDER. Another said, "Animals are not ours to use."On its website, the locavore restaurant, which prides itself on using local and regional ingredients, says its menu "is rural to its roots" and "aims to celebrate the wild culinary delights of Canada." Menu items, which the protesters clearly do not approve of, include rack of deer and a Game Burger made with wild boar, bison and deer. Even the pappardelle has braised rabbit. On occasion, the restaurant "cook[s] game meats over an open fire pit, in true rustic style."It's clear the restaurant opposes factory farming and prides itself on using all parts of the animal.But Ugar said an animal is an animal. On a street full of butcher shops and other restaurants serving meat, she picked Antler as her protesting focal point to debunk what she calls a myth that raising animals in pastures free from hormones and antibiotics is more ethical than factory farming, she told The Daily Globe and Mail. She said it's not ethical-free meat.After Hunter's counterprotest, he told The Globe and Mail he didn't feel good about it.Hunter and Ugar have begun a conversation over the issue. The Canadian publication said Ugar offered to reduce the frequency of the protests to once a month if Hunter would agree to put a sign in the window: "Attention, animals' lives are their right. Killing them is violent and unjust, no matter how it's done."Hunter responded with plans to introduce a vegan menu, and invited Ugar's group to join him on a foraging trip, The Globe and Mail said. Ugar has not yet responded, but said she is thinking it over.According to The Globe and Mail, the ordeal has had a direct impact on Antler - reservation requests are up. 3136
President Donald Trump told lawmakers on Thursday he was scrapping a planned pay raise for civilian federal workers, saying the nation's budget couldn't support it.In a letter to House and Senate leaders, Trump described the pay increase as "inappropriate.""We must maintain efforts to put our Nation on a fiscally sustainable course, and Federal agency budgets cannot sustain such increases," the President wrote.An across-the-board 2.1% pay increase for federal workers was slated to take effect in January. In addition, a yearly adjustment of paychecks based on the region of the country where a worker is posted -- the "locality pay increase" -- was due to take effect.Trump said both increases would no longer happen."I have determined that for 2019, both across the board pay increases and locality pay increases will be set at zero," he wrote.He stressed the change wouldn't affect the federal government's ability to attract qualified workers, and wrote the government would focus on "recruiting, retaining and rewarding high-performing Federal employees and those with critical skill sets."The implications of Trump's decision on the locality pay increase were not immediately clear. Workers based in more expensive parts of the country are paid higher salaries to compensate for the higher cost of living.In his letter, Trump wrote the locality increase in 2019 would average 25.70% and cost the federal government billion. But he did not say whether the locality adjustments already in place would remain in effect and the White House did not immediately clarify.Pay for military personnel will not be affected by Trump's decree; instead, US troops are due a 2.6% pay increase next year. Trump frequently trumpets the military pay raise while listing his administration's accomplishments. The raise came as part of a massive 6 billion defense spending bill that Trump signed earlier this month.That measure, along with a new two-year federal budget and tax cuts heralded by Republicans, have led to accusations Trump is ignoring the federal deficit, despite promising he would address it as president. The tax plan alone is expected to increase the deficit by .4 trillion over 10 years, according to a government estimate.Reaction from Democrats was swift, particularly those from states adjacent to Washington, where large numbers of federal workers reside."Zero. This seems to be how much respect President Trump has for federal workers," wrote Sen. Ben Cardin, D-Maryland, in a statement. "It is outrageous and hypocritical that after spending billions of taxpayer dollars on unnecessary tax cuts for the wealthy and big corporations -- and as the President boasts about the 'great' state of the American economy, that suddenly the White House finds that there is zero money left to pay a minimal cost-of-living adjustment to the patriotic, dedicated public servants."While the Washington area contains the largest concentration of federal workers, only 1-in-6 civilian employees of the government live in the region.The state with the largest number of federal workers is California, followed by Virginia, Washington, DC, and Texas. 3164
Rep. Alexandria Ocasio-Cortez won her first bid for reelection to the U.S. House of Representatives on Tuesday in New York's 14th congressional district.Ocasio-Cortez defeated Republican John C. Cummings and Michelle Caruso-Cabrera of the Serve America Movement party.The Associated Press called the race at 10:08 p.m. ET.Supporters never considered the race to be competitive, yet Ocasio-Cortez and Cummings both fundraised aggressively.According to the New York Times, Cummings raised roughly .6 million. Which, according to Open Secrets, a research group that tracks money in politics, made the race the second most expensive House race in the country.According to campaigns' fundraising reports filed with the Federal Election Commission, Ocasio-Cortez raised more than million throughout the campaign. Caruso-Cabrera raised more than .3 million.Along with Ocasio-Cortez, Reps. Ilhan Omar of Minnesota, Rashida Tlaib of Michigan, and Ayanna Pressley of Massachusetts, known as the Squad, were also reelected, USA Today reported. 1048
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