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Alex Acosta resigns in shadow of Epstein furor

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Labor Secretary Alex Acosta has resigned as the Jeffrey Epstein scandal swirls around President Donald Trump and his administration.

The president said Acosta had decided to step down from the Cabinet over his role in reaching a controversial non-prosecution agreement with Epstein in 2008.

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“I do not think it is right or fair” to have me as the focus, Acosta said. “I thought the right thing was to step aside.”

Acosta was a U.S. Attorney in South Florida at the time, and Trump has longstanding ties to Epstein, a wealthy financier who counts many powerful and well-connected individuals among his friends.

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Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



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Gov. Jay Inslee withdraws from presidential election

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Washington Gov. Jay Inslee told MSNBC host Rachel Maddow that he was officially leaving the presidential race Thursday.

He said that he got into the race with the intention of trying to raise the important issue of climate change and demand the issue be part of the conversation in the debates.

The Democratic Party has refused to have a debate that focuses exclusively on climate change, despite the numerous plans, ideas and approaches from the 20-plus candidates running for president.

He said that he isn't currently endorsing other candidates for 2020, but he hopes that his "atlas" for a climate plan will be adopted by other candidates.

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Scorching WaPo editorial tells Trump to own his bad economy and stop blaming the fed

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Federal Reserve Chairman Jerome Powell

In a scathing piece from the Washington Post editorial board, the team at one of the nation's top papers told President Donald Trump to stop trying to pretend it's the Federal Reserve's fault for a slumping economy.

Trump has tried to claim that the economy isn't just fine, but outstanding and excelling expectations. Yet, in the same breath, Trump claims that that the Federal Reserve is responsible for all of the problems he says don't exist. It's enough for The Post editorial board to note the economic message is "remarkably dissonant."

Trump decided to that the Fed must lower interest rates and engage in “quantitative easing” to lower bonds. It's part of a tactic the Fed uses during tough times, which Trump says don't exist. Even during the worst financial crisis in a generation, in 2008, "quantitative easing" was controversial. Then there is the matter of a payroll tax cut, something Trump said he was looking at before saying he wasn't looking at it. But if there's no crisis, then why is it necessary.

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This passage was deleted from the Declaration of Independence — here’s what it reveals about motivation for the American revolution

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With the publication of its 1619 Project, a sweeping review of the role slavery played in the formation of the United States’ politics, economy, and society, the New York Time Magazine has struck a powerful chord and triggered a fierce debate. Many conservative and right-wing figures, in particular, have been aggrieved by the project’s apparent aim: a deconstruction and revaluation of American founding myths.

In particular, writer Nikole Hannah-Jones provoked controversy when she asserted:

She noted that “10 of this nation’s first 12 presidents were enslavers,” undermining claims that the country was founded as a democracy. She also pointed out that the founders were themselves actively conflicted about the contradiction of slavery persisting in a country supposedly founded on freedom. Thomas Jefferson, she said, even included a passage in a draft of the Declaration of Independence that tried to claim that the institution “wasn’t the colonists’ fault,” instead placing the blame on King George.

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