The army ousted President Hosni Mubarak in February 2011, and the Supreme Council of the Armed Forces assumed power pending election of a new civilian government. The parliament was dissolved in June 2012 after one-third of its members were found to have won their seats illegitimately. Mohamed Morsi of the Muslim Brotherhood’s Freedom and Justice Party was elected president in June 2012 and granted himself sweeping new powers in November. His increasingly authoritarian rule triggered huge demonstrations and a July 2013 army coup. Field Marshal Abdel Fattah el-Sisi was elected president in May 2014. Three years of political instability have hurt tourism and foreign investment, both of which are important sources of foreign exchange. There have been limited market reforms, but food, energy, and other key commodities remain heavily subsidized.