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The Federal Reserve cut interest rates for the third time this year as the US economy continued slowing amid ongoing trade disputes and weak global growth.The federal funds rate, which affects the cost of mortgages, credit cards and other borrowing, will now hover between 1.5% and 1.75%.It isn't clear whether the move will be enough to head off another rate cut in December, the final meeting of the year. Federal Reserve chairman Jerome Powell is set to speak at a press conference later Wednesday afternoon. 523
The National Rifle Association is suing after the San Francisco Board of Supervisors labeled it a "domestic terrorist organization," according to the complaint.Last week, the board 193
The FBI has been called in to investigate after the Minneapolis Police Department confirmed Monday that a man died while in police custody.The announcement came the same day that video circulated on social media that showed a Minneapolis police officer kneeling on a handcuffed man's neck for several minutes he struggled to breathe. On Tuesday, as video of the incident circulated on social media, Minneapolis Mayor Jacob Frey announced that four officers have been "terminated" from the department. "This is the right call," Frey said.According to the 566
The FBI, in a change of policy, is committing to inform state officials if local election systems have been breached, federal officials said Thursday.In the past, the FBI would alert local governments about attacks on their electoral systems without automatically sharing that information with the state. That meant state officials, left in the dark, might be in a position of certifying the accuracy of election results without realizing there had been problems in individual counties. Alerting local governments about breaches, but not the states, was in keeping with FBI policy of protecting the privacy and identities of the actual hacking victim.Now, though, the FBI will notify both counties victimized by breaches as well as the state’s chief election official — in most cases, the secretary of state. Under the new policy, that notification is to be done in person. The state will be notified either simultaneously or around the same time, officials said Thursday.The change is intended to bolster federal-state cooperation, which has often been difficult on electoral issues, and is one of several government efforts to rethink how information about cyber threats is shared and with whom. It may also ease concerns of local officials who in the past have complained about the lack of information they’ve received from the federal government, though cooperation has improved ahead of the 2020 election with concerns that Russia or another nation could try to tamper with the vote. The policy change was shared with state officials on Thursday and made public later in the day. Senior officials from the FBI and Justice Department described the outlines of it to The Associated Press ahead of the formal release on condition of anonymity.State elections officials praised the change, saying the notifications are essential to securing elections in their states. The secretaries of state in Ohio, Colorado and West Virginia issued a joint statement calling it a “good step forward in protecting” elections.California Secretary of State Alex Padilla told The Associated Press that state election officials play an important role in supporting local election officials. “It’s imperative that we work together not just in the proper administration of elections but in the proper security of elections,” Padilla said. “It’s us at the state level that can connect dots if things are happening in multiple jurisdictions in our state.”Federal officials say their goal is to sound the alarm louder and at higher levels of government than in past years, ensuring that information about efforts to interfere in the election reaches the state officials who need it the most and who have the best resources to deal with it. That is especially important since federal officials believe Russian agents in 2016 searched for vulnerabilities within election systems in all 50 states.Though the policy change means that a broader audience of government officials will learn of any intrusion, it does not guarantee that the American public will as well. FBI officials say they will continue to protect the privacy of individual hacking victims, including governmental offices or local elections systems, by not sharing their identities with the public. It will remain up to electoral officials to disclose if they’ve been hacked, or if they are working with the FBI. That stance has been a source of contention between federal law enforcement and state and local officials. The public still does not know, for instance, which two Florida counties were breached by Russian agents in 2016 and members of the congressional delegation said they were barred by federal officials from sharing that information following a briefing they attended.Florida Gov. Ron DeSantis said last May that he was frustrated when he saw a reference to the Florida hacking in special counsel Robert Mueller’s report on Russan interference in the 2016 election. DeSantis said he signed an agreement with the FBI not to disclose the names of the two counties where hackers gained access to the voting database and that his predecessor as governor did not have access to the information.Rep. Stephanie Murphy, a Florida Democrat, has co-sponsored bipartisan legislation that would compel reporting among federal, state and local officials and to voters potentially affected by a breach. On Thursday, she called the FBI’s announcement welcome but not enough and said she would continue to push for federal officials to release more information when foreign powers interfere with the election.“Our citizens will then be in a position to check their voter registration data to confirm it wasn’t tampered with and to hold accountable state and local officials who fail to protect election infrastructure,” Murphy said in a statement. Another sponsor of the bill, Republican Rep. Michael Waltz, praised the new policy but said he would “continue to press for voters to be eventually included.” The FBI policy does not cover more routine cyber activity, such as scanning for network vulnerabilities. But it would extend to sophisticated spear-phishing campaigns, aimed at tricking employees into giving up their log-in credentials, and other acts that officials see as particularly alarming and think must be communicated both to the county and the state.The policy comes two months after the Office of the Director of National Intelligence released a broad framework for how and in what circumstances to notify the public about foreign election interference, laying out general considerations for the government to take into account.When it comes to notifying states, one FBI official told the AP there was confusion in the past about who was receiving information and in what circumstances — issues the new policy is meant to address. The official said the policy is meant to ensure that one party does not hear it from the other before hearing it from the federal government.____Associated Press writer Christina A. Cassidy in Atlanta contributed to this report.Follow Eric Tucker on Twitter at 6064
The Justice Department is moving to drop charges against two Russian companies that were accused of funding a social media campaign to sway American public opinion during the 2016 U.S. presidential election. Concord Management and Consulting LLC and Concord Catering were among three companies and 13 individuals charged in 2018 by special counsel Robert Mueller. The indictment alleged a conspiracy to spread disinformation on social media during the 2016 presidential race. Officials said the effort included social media postings and campaigns aimed at dividing American public opinion and sowing discord in the electorate. 638