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I thought of that. You can still highlight it though.
After digging I found in the in the clientInterface.css (same .css the Classic view uses) they have the following defined:
I then copied that line and pasted it into Edit CSS page of my custom stylesheet. Click preview and it works. Saved it and now that text is hidden from the user side of the site.
Now I can format the text in the logo the way I want, and use the whatever font I want. A minor change but this allows the site to look a little more professional.