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    The Energy Transition Is Underway. Fossil Fuel Workers Could Be Left Behind.

    The Biden administration is trying to increase renewable energy investments in distressed regions, but some are skeptical those measures would be enough to make up for job losses.Tiffany Berger spent more than a decade working at a coal-fired power plant in Coshocton County, Ohio, eventually becoming a unit operator making about $100,000 annually.But in 2020, American Electric Power shut down the plant, and Ms. Berger struggled to find a job nearby that offered a comparable salary. She sold her house, moved in with her parents and decided to help run their farm in Newcomerstown, Ohio, about 30 minutes away.They sell some of the corn, beans and beef they harvest, but it is only enough to keep the farm running. Ms. Berger, 39, started working part time at a local fertilizer and seed company last year, making just a third of what she used to earn. She said she had “never dreamed” the plant would close.“I thought I was set to retire from there,” Ms. Berger said. “It’s a power plant. I mean, everybody needs power.”The United States is undergoing a rapid shift away from fossil fuels as new battery factories, wind and solar projects, and other clean energy investments crop up across the country. An expansive climate law that Democrats passed last year could be even more effective than Biden administration officials had estimated at reducing fossil fuel emissions. While the transition is projected to create hundreds of thousands of clean energy jobs, it could be devastating for many workers and counties that have relied on coal, oil and gas for their economic stability. Estimates of the potential job losses in the coming years vary, but roughly 900,000 workers were directly employed by fossil fuel industries in 2022, according to data from the Bureau of Labor Statistics.The Biden administration is trying to mitigate the impact, mostly by providing additional tax advantages for renewable energy projects that are built in areas vulnerable to the energy transition. But some economists, climate researchers and union leaders said they are skeptical the initiatives will be enough. Beyond construction, wind and solar farms typically require few workers to operate, and new clean energy jobs might not necessarily offer comparable wages or align with the skills of laid-off workers.Coal plants have already been shutting down for years, and the nation’s coal production has fallen from its peak in the late 2000s. U.S. coal-fired generation capacity is projected to decline sharply to about 50 percent of current levels by 2030, according to the Energy Information Administration. About 41,000 workers remain in the coal mining industry, down from about 177,000 in the mid-1980s.The industry’s demise is a problem not just for its workers but also for the communities that have long relied on coal to power their tax revenue. The loss of revenue from mines, plants and workers can mean less money for schools, roads and law enforcement. A recent paper from the Aspen Institute found that from 1980 to 2019, regions exposed to the decline of coal saw long-run reductions in earnings and employment rates, greater uptake of Medicare and Medicaid benefits and substantial decreases in population, particularly among younger workers. That “leaves behind a population that is disproportionately old, sick and poor,” according to the paper.The Biden administration has promised to help those communities weather the impact, for both economic and political reasons. Failure to adequately help displaced workers could translate into the kind of populist backlash that hurt Democrats in the wake of globalization as companies shifted factories to China. Promises to restore coal jobs also helped Donald J. Trump clinch the 2016 election, securing him crucial votes in states like Pennsylvania.Federal officials have vowed to create jobs in hard-hit communities and ensure that displaced workers “benefit from the new clean energy economy” by offering developers billions in bonus tax credits to put renewable energy projects in regions dependent on fossil fuels.Tiffany Berger, who was laid off when the plant in Coshocton County was shut down, struggled to find work that offered a comparable salary. She moved in with her parents and decided to help run her family’s farm.Maddie McGarvey for The New York TimesIf new investments like solar farms or battery storage facilities are built in those regions, called “energy communities,” developers could get as much as 40 percent of a project’s cost covered. Businesses receiving credits for producing electricity from renewable sources could earn a 10 percent boost.The Inflation Reduction Act also set aside at least $4 billion in tax credits that could be used to build clean energy manufacturing facilities, among other projects, in regions with closed coal mines or plants, and it created a program that could guarantee up to $250 billion in loans to repurpose facilities like a shuttered power plant for clean energy uses.Brian Anderson, the executive director of the Biden administration’s interagency working group on energy communities, pointed to other federal initiatives, including increased funding for projects to reclaim abandoned mine lands and relief funds to revitalize coal communities.Still, he said that the efforts would not be enough, and that officials had limited funding to directly assist more communities.“We’re standing right at the cusp of potentially still leaving them behind again,” Mr. Anderson said.Phil Smith, the chief of staff at the United Mine Workers of America, said that the tax credits for manufacturers could help create more jobs but that $4 billion likely would not be enough to attract facilities to every region. He said he also hoped for more direct assistance for laid-off workers, but Congress did not fund those initiatives. “We think that’s still something that needs to be done,” Mr. Smith said.Gordon Hanson, the author of the Aspen Institute paper and a professor of urban policy at the Harvard Kennedy School, said he worried the federal government was relying too heavily on the tax credits, in part because companies would likely be more inclined to invest in growing areas. He urged federal officials to increase unemployment benefits to distressed regions and funding for work force development programs.Even with the bonus credit, clean energy investments might not reach the hardest-hit areas because a broad swath of regions meets the federal definition of an energy community, said Daniel Raimi, a fellow at Resources for the Future.“If the intention of that provision was to specifically provide an advantage to the hardest-hit fossil fuel communities, I don’t think it’s done that,” Mr. Raimi said.Local officials have had mixed reactions to the federal efforts. Steve Henry, the judge-executive of Webster County, Ky., said he believed they could bring renewable energy investments and help attract other industries to the region. The county experienced a significant drop in tax revenue after its last mine shut down in 2019, and it now employs fewer 911 dispatchers and deputy sheriffs because officials cannot offer more competitive wages.“I think we can recover,” he said. “But it’s going to be a long recovery.”Adam O’Nan, the judge-executive of Union County, Ky., which has one coal mine left, said he thought renewable energy would bring few jobs to the area, and he doubted that a manufacturing plant would be built because of the county’s inadequate infrastructure.“It’s kind of difficult to see how it reaches down into Union County at this point,” Mr. O’Nan said. “We’re best suited for coal at the moment.”Federal and state efforts so far have done little to help workers like James Ault, 42, who was employed at an oil refinery in Contra Costa County, Calif., for 14 years before he was laid off in 2020. To keep his family afloat, he depleted his pension and withdrew most of the money from his 401(k) early.In early 2022, he moved to Roseville, Calif., to work at a power plant, but he was laid off again after four months. He worked briefly as a meal delivery driver before landing a job in February at a nearby chemical manufacturer.He now makes $17 an hour less than he did at the refinery and is barely able to cover his mortgage. Still, he said he would not return to the oil industry.“With our push away from gasoline, I feel that I would be going into an industry that is kind of dying,” Mr. Ault said. More

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    Finnish Right-Wing Party Leader Apologizes After Racist Posts Surface

    Riikka Purra, who leads the nationalist Finns party, was the second member of her faction to come under fire for offensive comments since the government was formed a month ago.Finland’s deputy prime minister apologized on Tuesday for “stupid social media comments” after a series of racist and sometimes violent remarks posted in 2008 surfaced in the Finnish press — the latest scandal for the party she leads, the right-wing Finns, since it joined the country’s governing coalition less than a month ago.Though the deputy prime minister, Riikka Purra, did not say the posts, published under the user name “riikka,” were hers, she said in a Twitter thread, “I apologize for my stupid social media comments 15 years ago and for the harm and resentment that they understandably caused. I’m not a perfect person, I’ve made mistakes.”According to local news media reports, in posts on a right-wing blog in 2008, “riikka” repeatedly used a racist Finnish slur against Black people, described Turkish people in derogatory terms and asked if there were any like-minded people in the city on a particular day to beat Black children. The blog was hosted by the former Finns party leader Jussi Halla-aho, who was fined by Finland’s highest court for racist incitement in 2012. The comments attributed to “riikka” are not currently on the blog. The Finnish newspaper Helsingin Sanomat tracked Ms. Purra’s whereabouts in one instance and linked it to a post from that location.Ms. Purra did acknowledge on Tuesday that she had posted on the blog “in ways and with words that today I absolutely do not accept and would not use,” though she did not identify specific posts.Her apology came as Finland’s president, Sauli Niinistö, was attending the country’s first NATO meeting as a full member of the alliance. In reference to the incident at home, Mr. Niinistö urged the governing coalition to adopt a “clear zero-tolerance position to racism,” although he added that racial prejudice was different than opposing immigration.In Finland’s recent elections, Ms. Purra’s Eurosceptic, anti-immigration party took 46 seats in the country’s 200-strong Parliament, the faction’s strongest-ever showing. Last month, Finns joined a four-party ruling coalition and picked up seven cabinet positions under Prime Minister Petteri Orpo of the National Coalition Party.Mr. Orpo thanked Ms. Purra for “making the right decision” and gave no indication that she would be forced to resign. “The government will not fall because of this,” Mr. Orpo said.“The government has jointly committed to the principles of nondiscrimination and equality,” Mr. Orpo wrote on Twitter. “Everyone in Finland must feel that they are safe.”Johanna Vuorelma, a researcher at the University of Helsinki, said the recurring scandals had weakened Mr. Orpo’s coalition, although it was not in imminent danger of collapse. Mr. Orpo’s alliance unseated the former prime minister, Sanna Marin, who now leads the country’s opposition. She wrote on Twitter, “Nothing that has come up about the party over the last few weeks has been new or surprising,” and called on the government to “directly and unequivocally renounce racism, hate speech and violence.”Ms. Purra is not the first Finns member to have the past catch up with her.Vilhelm Junnila, another Finns minister, resigned last month after reports in the Finnish news media of his far-right sympathies, which included him joking about a Finns candidate’s electoral number, 88, a well-known neo-Nazi code for “Heil Hitler.” More

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    Trump Lashes Out at Gov. Kim Reynolds of Iowa

    The former president snubbed one influential Iowa leader and attacked another, testing his immunity to traditional political pitfalls in a crucial state.Iowa may be the most important state on Donald J. Trump’s early 2024 political calendar, but he hasn’t been making many friends there lately.He lashed out at Iowa’s popular Republican governor, Kim Reynolds, and then his campaign informed one of the state’s politically influential evangelical leaders, Bob Vander Plaats, that the former president would skip a gathering of presidential candidates this week in Des Moines.The back-to-back moves on Monday — which the campaign of Gov. Ron DeSantis of Florida labeled a “snub of Iowa conservatives” in an email on Tuesday — show the extent to which Mr. Trump, the front-runner for the Republican nomination, acts as if he is immune to traditional political pitfalls while he is also under indictment and his rivals are seeking to capitalize on some voters’ fatigue with his antics.“With Trump’s personality, I feel he thinks he owns Iowa,” said Steve Boender, a board member for the Family Leader, the conservative Christian group organizing the event on Friday that Mr. Trump is skipping. “And I’m not sure he does.”“I think Trump’s negativity is hurting things a little bit,” added Mr. Boender, who remains unaligned for 2024.It is not surprising that Mr. Trump will skip the Family Leader gathering. He has generally avoided these “cattle call” events, which feature all the candidates, as advisers see such settings as lowering him to the level of his far-behind opponents. In addition, Mr. Vander Plaats has made no secret of his desire to move past Mr. Trump, including traveling to Tallahassee to have lunch with Mr. DeSantis at the governor’s mansion.“I think there’s no doubt, most likely, I will not endorse him,” Mr. Vander Plaats said of Mr. Trump. “So he believes if he shows up and I don’t endorse him that will make him look weak.”But as a result, he said, Mr. Trump was missing out on speaking to an estimated audience of 2,000, and “many of those people still love him dearly.”Bob Vander Plaats, an influential evangelical leader in Iowa, said he would most likely not endorse Mr. Trump in 2024. Steve Hebert for The New York TimesOver the weekend, The New York Times reported on the various ways Ms. Reynolds has appeared cozy with Mr. DeSantis, to the growing frustration of Mr. Trump, who appointed her predecessor to an ambassadorship. He wants credit for her ascent and career; she won re-election in a landslide last year. He erupted in public on Monday.“I opened up the Governor position for Kim Reynolds, & when she fell behind, I ENDORSED her, did big Rallies, & she won,” Mr. Trump wrote on Truth Social, referring to her 2018 race. “Now, she wants to remain ‘NEUTRAL.’ I don’t invite her to events!”Ms. Reynolds’s office declined to comment. Mr. DeSantis quickly came to her defense on Twitter, saying she is “a strong leader who knows how to ignore the chirping and get it done.”Mr. Trump’s remark spurred some backlash from Iowans who support Ms. Reynolds, including Cody Hoefert, who served as co-chair of the Iowa Republican Party from 2014 to 2021.“It was a continuation of a series of unforced errors by the former president,” Mr. Hoefert said, also citing Mr. Trump’s comments opposing a six-week abortion ban.Ms. Reynolds has called the Iowa Legislature into a special session this week to pass a six-week ban after a previous effort was blocked by the state’s top court. Mr. Trump has said so strict a ban — when many women don’t even know they are pregnant — is “too harsh.”Mr. Hoefert said his break with Mr. Trump — during whose presidency he remained a loyal party officer — was not because of other allegiances.“This was not, ‘I’m going to attack Trump because I’m supporting X candidate,’” he said. “It’s because I’m tired of the former president making everything about himself and attacking his friends and potential supporters and other Republicans who are doing great conservative things over what seems like a personal vendetta.”Republicans opposed to Mr. Trump’s leading the party again predicted that the attacks would play poorly with voters.“He’s shown his penchant for self-destructive behavior, and it’s one of those things that I think voters notice,” said David Kochel, a longtime Republican operative from Iowa who has advised Ms. Reynolds. “Kim Reynolds is very popular in Iowa. She hasn’t attacked Trump. She won’t — she’s told everyone she’ll go to their events, and the fact that he has such an ego he assumes everyone has to endorse him. That’s not going to happen in these early states.”Brett Barker, the chair of the Story County Republican Party in Iowa, saw it as a needless battle. “I don’t think it’s helpful to pick fights with sitting governors who are really popular in their home states,” he said, before adding: “I don’t know how harmful it’s going to be in the big picture.”Mr. Trump’s attacks on Gov. Kim Reynolds of Iowa, whose loyalty Gov. Ron DeSantis of Florida and Mr. Trump have been battling for, could have political consequences in the state, according to some Republican strategists.Kathryn Gamble for The New York TimesA person close to Mr. Trump who was not authorized to speak publicly acknowledged that his attack on Ms. Reynolds was not part of a scripted plan, but questioned whether it would actually erode his standing, despite predictions of political fallout. His team believes he has enough support among Iowans to counteract elected officials’ views.Steven Cheung, a spokesman for Mr. Trump, cited a “scheduling conflict” as his reason for missing the Family Leadership Summit, and noted that Mr. Trump would be back in Iowa next week. That visit will be for a Trump town hall with Fox News’ Sean Hannity.“The president will be in Florida this weekend headlining the premier national young voter conference with Turning Point Action conference while DeSantis is nowhere to be found,” Mr. Cheung said of an event expected to draw a more pro-Trump crowd.The Family Leader event — which is expected to feature Mr. DeSantis, former Vice President Mike Pence, Senator Tim Scott of South Carolina, Vivek Ramaswamy, the former United Nations ambassador Nikki Haley and former Gov. Asa Hutchinson of Arkansas — is the second major conservative gathering in two months that Mr. Trump is bypassing.Mr. Vander Plaats said that “half the battle” in Iowa was showing up, and that Mr. Trump had fallen short so far on that score.“Iowa is tailor-made for him to get beat here,” he said. “And to the contrary, if he wins here, I’m not sure there’s any way to stop him from being the nominee.” More

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    Trump documents trial judge sets first hearing; Georgia grand jury set to weigh 2020 election charges – live

    From 1h agoThe first hearing before US District Judge Aileen Cannon in the federal criminal case against Donald Trump will be on 18 July, according to a court order.As California considers implementing large-scale reparations for Black residents affected by the legacy of slavery, the state has also become the focus of the nation’s divisive reparations conversation, drawing the backlash of conservatives criticizing the priorities of a “liberal” state.“Reparations for Slavery? California’s Bad Idea Catches On,” commentator Jason L Riley wrote in the Wall Street Journal, as New York approved a commission to study the idea. In the Washington Post, conservative columnist George F Will said the state’s debate around reparations adds to a “plague of solemn silliness”.Roughly two-thirds of Americans oppose the idea of reparations, according to 2021 polling from the University of Massachusetts Amherst and 2022 polling from the Pew Research Center. Both found that more than 80% Black respondents support some kind of compensation for the descendants of slaves, while a similar majority of white respondents opposed. Pew found that roughly two-thirds of Hispanics and Asian Americans opposed, as well.But in California, there’s greater support. Both the state’s Reparations Task Force – which released its 1,100-page final report and recommendations to the public on 29 June – and a University of California, Los Angeles study found that roughly two-thirds of Californians are in favor of some form of reparations, though residents are divided on what they should be.When delving into the reasons why people resist, Tatishe Nteta, who directed the UMass poll, expected feasibility or the challenges of implementing large programs to top the list, but this wasn’t the case.“When we ask people why they oppose, it’s not about the cost. It’s not about logistics. It’s not about the impossibility to place a monetary value on the impact of slavery,” said Nteta, provost professor of political science at the University of Massachusetts Amherst.
    It is consistently this notion that the descendants of slaves do not deserve these types of reparations.
    Read the full story here.More than 1,5000 amendments were filed to the FY2024 defense authorization bill, which is projected to hit the House floor this week. At issue is whether the House will take up the hard-right amendments, with the weight falling once again on Speaker Kevin McCarthy.Some of the most closely watched amendments relate to abortion, diversity, equity and inclusion (DEI) funding, and transgender troops, according to Politico’s Playbook.McCarthy will need to navigate between the demands of his most conservative members – three of whom serve on the House rules committee – and the need for Democratic votes in order to get a bill ultimately signed into law, Playbook writes. It continues:
    In the past, House leaders typically have told the hard right to pound sand, knowing they weren’t going to vote for the final bill anyway. But after pissing off conservatives during the debt limit standoff, McCarthy looks poised to make a different calculation this time.
    Facing heavy criticism from the House Freedom Caucus and other conservatives, McCarthy is under pressure to give on a number of high-profile issues touching defense policy, Punchbowl News writes. It says:
    Every ‘culture war’ provision from the Freedom Caucus that’s added to the base legislation will cost Democratic votes. It will also make GOP moderates unhappy.
    The House rules committee is scheduled to mark up the FY2024 defense authorization bill, the annual bill setting Pentagon priorities and policies, today.The bill, which is expected to hit the floor later this week, has been signed into law 60 years straight. But this year, Speaker Kevin McCarthy and GOP leaders are confronting a legislative landmine as the far-right House Freedom Caucus push for dozens of proposed changes to the legislation.Adam Smith, the head Democrat on the House armed services committee, said he was worried about a flurry of “extreme right-wing amendments” attached to the bill and that he wasn’t “remotely” confident the bill will pass this week.Smith told the Washington Post he was concerned about GOP measures on “abortion, guns, the border, and social policy and equity issues”. Without the controversial amendments, Smith predicted that well over 300 House members would vote for the bill. With them, “you lose most, if not all, Democrats,” he told Politico’s Playbook.Iowa’s state legislature is holding a special session on Tuesday as it plans to vote on a bill that would ban most abortions at around six weeks of pregnancy, when most people don’t yet know they are pregnant.The state is the latest in the country to vote on legislation restricting reproductive rights after the overturning of Roe v Wade last year, which ended the nationwide constitutional right to abortion.Iowa’s Republican governor, Kim Reynolds, called for the special session last week, vowing to “continue to fight against the inhumanity of abortion” and calling the “pro-life” movement against reproductive rights “the most important human rights cause of our time”.Lawmakers in the GOP-controlled legislature will debate House Study Bill 255, which was released on Friday and seeks to prohibit abortions at the first sign of cardiac activity except in certain cases such as rape or incest.Iowa’s house, senate and governor’s office are all Republican-controlled, and the bill faces few hurdles from being passed.Read the full story here.The first hearing before US District Judge Aileen Cannon in the federal criminal case against Donald Trump will be on 18 July, according to a court order.Trump was charged with retention of national defense information, including US nuclear secrets and plans for US retaliation in the event of an attack, which means his case will be tried under the rules laid out in the Classified Information Procedures Act, or Cipa.Cipa provides a mechanism for the government to charge cases involving classified documents without risking the “graymail” problem, where the defense threatens to reveal classified information at trial, but the steps that have to be followed mean it takes longer to get to trial.The process includes the government turning over all of the classified information they want to use to the defense in discovery, like any other criminal case, in addition to the non-classified discovery that is done in a separate process.Trump’s lawyers argued the amount of discovery – the government is making the material available in batches because there is so much evidence and it has not finished processing everything that came from search warrants – meant that they could not know how long the process would take.Trump’s lawyers wrote:
    From a practical manner, the volume of discovery and the Cipa logistics alone make plain that the government’s requested schedule is unrealistic.
    Donald Trump asked the federal judge overseeing the Mar-a-Lago classified documents case to indefinitely postpone setting a trial date in court filings on Monday and suggested, at a minimum, that any scheduled trial should not take place until after the 2024 presidential election.The papers submitted by Trump’s lawyers in response to the US justice department’s motion to hold the trial this December made clear the former president’s aim to delay proceedings as their guiding strategy – the case may be dropped if Trump wins the election.The filing said:
    The court should, respectfully, before establishing any trial date, allow time for development of further clarity as to the full nature and scope of the motions that will be filed.
    Fulton county district attorney Fani Willis launched the investigation in early 2021, after Donald Trump tried to overturn his election defeat in Georgia by calling Brad Raffensperger, Georgia’s secretary of state, and suggesting the state’s top elections official could help him “find 11,780 votes”, just enough needed to beat Joe Biden.The investigation expanded to include an examination of a slate of Republican fake electors, phone calls by Trump and others to Georgia officials in the weeks after the 2020 election and unfounded allegations of widespread election fraud made to state lawmakers, according to AP.About a year into her investigation, Willis asked for a special grand jury. At the time, she said she needed the panel’s subpoena power to compel testimony from witnesses who had refused to cooperate without a subpoena. In a January 2022 letter to Fulton county superior court chief judge, Christopher Brasher, Willis wrote that Raffensperger, who she called an “essential witness”, had “indicated that he will not participate in an interview or otherwise offer evidence until he is presented with a subpoena by my office”.That special grand jury was seated in May 2022, and released in January after completing its work. The panel issued subpoenas and heard testimony from 75 witnesses, ranging from some of Trump’s most prominent allies to local election workers, before drafting a final report with recommendations for Willis.Portions of that report that were released in February said jurors believed that “one or more witnesses” committed perjury and urged local prosecutors to bring charges. The panel’s foreperson said in media interviews later that they recommended indicting numerous people, but she declined to name names.Here’s a bit more on the grand jury being seated today in Atlanta, Georgia, that will probably consider charges against Donald Trump and his Republican allies for their efforts to overturn the 2020 election.The new grand jury term begins today in Fulton county, and two panels will be selected at the downtown Atlanta courthouse, each made up of 16 to 23 people and up to three alternates. One of these panels is expected to handle the Trump investigation.Fulton County Superior Court Judge Robert McBurney will preside over today’s court proceedings, CNN reported. McBurney oversaw the special grand jury that previously collected evidence in the Trump investigation, and he is also expected to oversee the grand jury tasked with making charging decisions in the case.Good morning, US politics blog readers. A grand jury being seated today in Atlanta is expected to consider charges against former President Donald Trump and his Republican allies for their efforts to overturn the 2020 election.Fulton county district attorney Fani Willis launched the investigation in early 2021, shortly after Trump tried to overturn his loss by calling Georgia’s secretary of state, Brad Raffensperger, and suggested the state’s top elections official could help him “find 11,780 votes”.A special grand jury previously issued subpoenas and heard testimony from about 75 witnesses, which included Trump advisers, his former attorneys, White House aides, and Georgia officials. That panel drafted a final report with recommendations for Willis.The new grand jury term begins today in Fulton county, which includes most of Atlanta and some suburbs. Fulton County Superior Court Judge Robert McBurney will swear-in two grand juries, one of which is expected to hear evidence in the Georgia elections case.Willis, an elected Democrat, is expected to present her case before one of two new grand juries being seated. The panel won’t be deciding guilt, only if Willis has enough evidence to move her case forward and who should face indictment. Willis has previously indicated that final decisions could come next month.Here’s what else we’re watching today:
    Joe Biden is meeting with other Nato leaders in Vilnius, Lithuania, where Russia’s war in Ukraine will top the agenda.
    The House rules committee is scheduled to mark up the FY2024 defense authorization bill today. The legislation is set to hit the floor later this week, with final passage currently envisioned for Friday.
    The House will meet at noon and at 2pm will take up multiple bills, with last votes expected at 6.30pm
    The Senate will meet at 10am and vote on several nominations throughout the day. There will be classified all-senators briefing with defense and intelligence officials on how AI is used for national security purposes. More

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    DeSantis’s Risky Strategy: Trying Not to Trick Small Donors

    Diverging from Donald Trump, who has often cajoled, guilt-tripped and even misled small donors, the DeSantis team is pledging to avoid “smoke and mirrors” in its online fund-raising.In the months before the 2020 presidential election, Roy W. Bailey, a Dallas businessman, received a stream of text messages from Donald J. Trump’s re-election campaign, asking for money in persistent, almost desperate terms.“Have you forgotten me?” the messages read, Mr. Bailey recalled. “Have you deserted us?”Mr. Bailey was familiar with the Trump campaign: He was the co-chair of its finance committee, helped raise millions for the effort and personally contributed several thousand dollars.“Think about that,” Mr. Bailey said recently about the frequency of the messages and the beseeching tone. “That is how out of control and crazy some of this fund-raising has gotten.”He did, ultimately, desert Mr. Trump: He is now raising money for Gov. Ron DeSantis of Florida, whose campaign has pledged to avoid the kinds of online fund-raising tactics that irritated Mr. Bailey and that have spread in both parties, particularly the Republican Party, in recent years as candidates have tried to amass small donors.No phony deadlines, Mr. DeSantis has promised donors. No wildly implausible pledges that sizable contributions will be matched by committees affiliated with the campaign. And no tricking donors into recurring donations.This strategy is one of the subtle ways Mr. DeSantis’s team is trying to contrast him with Mr. Trump, who has often cajoled, guilt-tripped and occasionally misled small donors. Although his campaign has not directly called out Mr. Trump’s methods, on the day Mr. DeSantis declared he would run for president, his website prominently vowed to eschew “smoke and mirrors,” “fake matches” and “lies” in its fund-raising.For the DeSantis campaign, the vow of no trickery is risky. Mr. Trump, the most successful online Republican fund-raiser ever, has shown that such tactics work. But Generra Peck, Mr. DeSantis’s campaign manager, said that approach damaged the long-term financial health of the Republican Party because it risked alienating small donors.“We’re building a movement,” Ms. Peck said last month in an interview at DeSantis campaign headquarters in Tallahassee.So far, it’s difficult to tell if Mr. DeSantis’s approach is working. His fund-raising slowed after his campaign began in late May, and campaign officials did not provide figures that would have shed light on its success with small donors.It is difficult to tell if Gov. Ron DeSantis’s approach is working. His fund-raising slowed after his campaign began in late May, and campaign officials did not provide figures that would have shed light on its success with small donors.Christopher Lee for The New York TimesThe battle to raise money from average Americans may seem quaint in the era of billionaires and super PACs, which have taken on outsize roles in U.S. elections. But straight campaign cash is still, in many ways, the lifeblood of a campaign, and a powerful measure of the strength of a candidate. For example, G.O.P. presidential contenders must reach a threshold of individual donors set by the Republican National Committee to qualify for the debate stage, a bar that is already causing some candidates to engage in gimmicky contortions.To highlight what it bills as a more ethical approach to fund-raising, the DeSantis campaign has devoted a giant wall inside its modest office to scrawling the names — first name, last initial — of every donor to the campaign, tens of thousands of them so far.It is an intensive effort. During work hours, campaign staff members — as well as Mr. DeSantis himself, in one instance — constantly write names on the wall in red, blue and black markers.“We want our staff to look at that wall, remember who supports us, to remember why we’re here,” Ms. Peck said.Mr. DeSantis’s advisers argue that being more transparent with donors could be a long-term way for Republicans to counter the clear advantage Democrats have built up in internet fund-raising, largely thanks to their online platform ActBlue, founded in 2004. A Republican alternative, WinRed, didn’t get off the ground until 15 years later. A greater share of Democrats than Republicans said they had donated to a political campaign in the last two years, according to a recent NBC News poll, meaning the G.O.P. has a less robust pool of donors to draw from.“One of the biggest challenges for Republicans, across the board, is building out the small-dollar universe,” said Kristin Davison, the chief operating officer of Never Back Down, the main super PAC supporting Mr. DeSantis.The tell-the-truth approach to deadlines and goals has been tested by other campaigns, including those of Senator Bernie Sanders, who built a durable network of grass-roots donors in his two presidential runs.Mr. DeSantis’s campaign said last week that it had raised $20 million in his first six weeks as an official presidential candidate, but the amount that came from small donors will not be apparent until later this month, when campaigns file second-quarter disclosures.The campaign did not respond to a question about how many small donors had contributed so far. It had set a goal of recruiting 100,000 donors by July 1, but as of late June, the wall had only about 50,000 names, according to a fund-raising email.And although Mr. DeSantis’s team has pledged to act transparently when it comes to small donors, senior aides in the governor’s office have faced accusations that they inappropriately pressured lobbyists into donating to his campaign.Eric Wilson, the director of the Center for Campaign Innovation, a conservative nonprofit focused on digital politics, said the DeSantis campaign was wise to avoid online pressure tactics, which he likened to a “dopamine arms race” that burns out donors and turns off voters.“They can be effective, but voters say they don’t like them,” Mr. Wilson said. “You can’t make the entire meal around sugar.”Mr. Wilson said he had also seen other campaigns try more honest communications: “You are starting to see a recalibration.”For instance, the campaign of former Gov. Nikki Haley of South Carolina said in May that Mr. DeSantis had imitated language used in Ms. Haley’s fund-raising emails.The ways that campaigns reach out to potential small donors online grew out of old-fashioned telemarketing and fund-raising by mail. Before email, campaigns sent out fake telegrams, letters stamped to appear they had been hand-addressed, surveys and other gimmicks to draw donations.The DeSantis campaign has also adopted a “subscriber exclusive” model, allowing donors to join so-called tele-town halls with Mr. DeSantis, gain early access to merchandise and receive weekly “insider” updates. Nicole Craine for The New York TimesIn the era of email and smartphones, it is easier to reach a large number of prospective donors, but the risk of bombarding and overwhelming them is higher. It can also be harder to induce people to open messages, let alone contribute. The subject line has to be compelling, and the offers need to stand out — which can lead, for example, to dubious promises that campaigns will somehow “match” any contributions made, a practice that has been widely criticized.Mr. Trump’s campaign sends about 10 emails per day, in addition to text messages. His campaign has escalated bogus matching promises to the point of absurdity, telling donors that their contributions will be matched at “1,500%.”A spokesman for the Trump campaign did not respond to a request for comment.The tactics aren’t limited to Republicans. Democratic groups have also been criticized and mocked for vague promises of “300 percent matches” in their fund-raising pitches.For its part, the DeSantis campaign said its strategy was devised to establish long-term relationships with small donors, rather than to suck them dry as quickly as possible.The DeSantis campaign has adopted a “subscriber exclusive” model, allowing donors to join so-called tele-town halls with Mr. DeSantis (“You guys are part of the team,” the governor told listeners during a June 12 call), gain early access to merchandise, and receive weekly “insider” updates. It’s the carrot, not the stick, a blueprint that campaign officials said was adopted in part from the business world.Mr. Trump’s campaign has clearly taken notice.The DeSantis campaign said recently that it had raised $20 million in his first six weeks as a candidate, but the amount that came from small donors will not be apparent until later this month. Rachel Mummey for The New York TimesOn Friday, in an apparent round of fund-raising one-upsmanship, the Trump campaign announced a new donor initiative, saying it would build a “big, beautiful Donor Wall” at its New Hampshire headquarters.“And I don’t mean scribbled on the wall with a crayon, like some other campaigns do,” said the campaign email, which was written in Mr. Trump’s voice, “but a heavy, respectable plaque with the names of our great donors finely etched within.”All for a donation of $75.Patricia Mazzei More

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    Trump Lawyers Seek Indefinite Postponement of Documents Trial

    The former president’s legal team argued in a court filing that no trial date should be set until all “substantive motions” in the case were resolved, setting up an early key decision by Judge Aileen M. Cannon.Lawyers for former President Donald J. Trump asked a federal judge on Monday night to indefinitely postpone his trial on charges of illegally retaining classified documents after he left office, saying that the proceeding should not begin until all “substantive motions” in the case had been presented and decided.The written filing — submitted 30 minutes before its deadline of midnight on Tuesday — presents a significant early test for Judge Aileen M. Cannon, the Trump-appointed jurist who is overseeing the case. If granted, it could have the effect of pushing Mr. Trump’s trial into the final stages of the presidential campaign in which he is now the Republican front-runner or even past the 2024 election.While timing is important in any criminal matter, it could be hugely consequential in Mr. Trump’s case, in which he stands accused of illegally holding on to 31 classified documents after leaving the White House and obstructing the government’s repeated efforts to reclaim them.There could be complications of a sort never before presented to a court if Mr. Trump is a candidate in the last legs of a presidential campaign and a federal criminal defendant on trial at the same time. If the trial is pushed back until after the election and Mr. Trump wins, he could try to pardon himself after taking office or have his attorney general dismiss the matter entirely.Some of the former president’s advisers have been blunt in private conversations that he is looking to winning the election as a solution to his legal problems. And the request for an open-ended delay to the trial of Mr. Trump and his co-defendant, Walt Nauta, a personal aide, presents a high-stakes question for Judge Cannon, who came into the case already under scrutiny for making decisions favorable to the former president in the early phases of the investigation.The filing came in response to one submitted last month by prosecutors working for the special counsel, Jack Smith, who requested a trial date of Dec. 11. Judge Cannon, appearing to adopt the brisk calendar mandated by the Speedy Trial Act, had initially scheduled the case to go to trial in August.Judges have wide latitude to set schedules for trials, and scheduling orders are typically not subject to appeal to higher courts. That said, given the extraordinary nature of Mr. Trump’s case and the potential implications of a delay, prosecutors under Mr. Smith could in theory try to come up with a rationale to challenge a scheduling decision made by Judge Cannon to the U.S. Court of Appeals for the 11th Circuit.Mr. Trump’s lawyers pitched their request to Judge Cannon as a plea for cautious deliberation and as a means of safeguarding democracy.“This extraordinary case presents a serious challenge to both the fact and perception of our American democracy,” wrote the lawyers, Chris M. Kise and Todd Blanche for Mr. Trump, and Stanley Woodward Jr. and Sasha Dadan for Mr. Nauta.“The court now presides over a prosecution advanced by the administration of a sitting president against his chief political rival, himself a leading candidate for the presidency of the United States,” they wrote. “Therefore, a measured consideration and timeline that allows for a careful and complete review of the procedures that led to this indictment and the unprecedented legal issues presented herein best serves the interests of the defendants and the public.”The lawyers also took note of the unusual intertwining of law and politics in the case, suggesting that Mr. Trump’s status as a presidential candidate should be factored into the timing of the trial.“President Trump is running for president of the United States and is currently the likely Republican Party nominee,” they wrote. “This undertaking requires a tremendous amount of time and energy, and that effort will continue until the election on Nov. 5, 2024.”“Mr. Nauta’s job requires him to accompany President Trump during most campaign trips around the country,” they continued. “This schedule makes trial preparation with both of the defendants challenging. Such preparation requires significant planning and time.”Walt Nauta, Mr. Trump’s co-defendant and personal aide, leaving the federal courthouse in Miami on Thursday.Alon Skuy/Getty ImagesAnd they suggested that there was no rationale for an expedited trial.“While the government appears to favor an expedited (and therefore cursory) approach to this case, it cannot point to any exigency or urgency requiring a rapid adjudication,” they wrote. “There is no ongoing threat to national security interests nor any concern regarding continued criminal activity.”On Monday, hours before Mr. Trump’s lawyers requested a delay of the trial, a lawyer for Mr. Nauta asked Judge Cannon to postpone a hearing to discuss the issue of the classified materials in the case that was scheduled for Friday. The defense and the prosecution ultimately agreed to delay the hearing, which will take place in Federal District Court in Fort Pierce, Fla., until next Tuesday.Judge Cannon agreed to that schedule change in a brief order issued on Tuesday morning.In making their case to delay the trial, Mr. Trump’s lawyers cited the expansive discovery evidence provided to them by the government.The first discovery disclosure, they said, contained more than 833,450 pages of material, including about 122,650 emails and 305,670 other documents. The lawyers said that after subsequent troves of evidence were handed over, they would most likely make more requests to the government for further information.They also pointed to the complex process of deciding how to handle the sensitive materials at the heart of the case under the Classified Information Procedures Act — the subject of the hearing that had been scheduled for Friday. The lawyers strongly hinted that they were going to fight the government during the pretrial litigation over classified material, a process that could take up significant amounts of time.The filing by Mr. Trump’s legal team presents Judge Aileen M. Cannon, a Trump appointee, with a key early test.Southern District of Florida“In general, the defendants believe there should simply be no ‘secret’ evidence, nor any facts concealed from public view relative to the prosecution of a leading presidential candidate by his political opponent,” the lawyers wrote. “Our democracy demands no less than full transparency.”Aside from its request for a delay, the filing served as a preview of Mr. Trump’s legal strategy as the lawyers laid out ways in which they planned to attack his indictment.They suggested, for example, that they intended to challenge some of the charges he is facing by arguing that the Presidential Records Act permitted Mr. Trump to take documents with him from the White House. That interpretation of the Watergate-era law is at odds with how legal experts interpret it and was not successful during an extended legal battle last year over an outside arbiter who was put in place to review a trove of materials seized by the F.B.I. from Mar-a-Lago, Mr. Trump’s private club and residence in Florida.The former president’s lawyers also suggested that they might raise “constitutional and statutory challenges” to Mr. Smith’s authority as special counsel. Moreover, they laid the groundwork for questioning whether an impartial jury could be seated at the trial while Mr. Trump was running for office.“There is simply no question any trial of this action during the pendency of a presidential election will impact both the outcome of that election,” they wrote, “and, importantly, the ability of the defendants to obtain a fair trial.” More

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    Read the Filing

    Case 9:23-cr-80101-AMC Document 66 Entered on FLSD Docket 07/10/2023 Page 7 of 12

    11. Indeed, significant effort will be required to sort through the purportedly classified documents once received from the Government before any motions on behalf of the Defendants can even be filed. At present, based on the Government’s requested schedule, the trial would begin December 11, 2023, with pre-trial motions due in the preceding months. From a practical matter, the volume of discovery and the CIPA logistics² alone make plain that the Government’s requested

    schedule is unrealistic.

    12. By way of further example, the Government’s proposed timeline differs markedly from two relatively recent CIPA involved cases, United States v. Reality Winner, 464 F. Supp. 3d 1375 (S.D. Ga.), aff’d, 835 F. App’x 1002 (11th Cir. 2020), and United States v. Chaoqun, No. 18-CR-611, 2020 WL 1689826 (N.D. Ill. Apr. 7, 2020). In Winner, the defendant was indicted June 7, 2017, but trial was not set to commence until October 15, 2018 (a plea was ultimately entered prior to trial). In Chaoqun, the defendant was indicted January 24, 2019, but the case was not tried until September 12, 2022. The timelines in both these cases contrast starkly with the Government’s proposed six-month timeline in this case.

    Furthermore, contrary to the Government’s assertion regarding the nature of the legal issues in this matter, (see ECF No. 34), this case presents novel, complex, and unique legal issues, most of which are matters of first impression. As noted above, this Court will need to evaluate the intersection between the Presidential Records Act, 44 U.S.C. §§ 2201-2209, and the various criminal statutes forming the basis of the indictment. These will be questions of first impression for any court in the United States, and their resolution will impact the necessity, scope, and timing of any trial. Moreover, also as noted above, the Defendants anticipate pursuing

    13.

    2 For example, the Defendants cannot possibly provide the requisite notice under CIPA section 5(a) before a full review of the purportedly classified information.

    -7 More

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    Vivek Ramaswamy Takes Aim at Political Fund-raising Oligopoly

    The longshot Republican candidate is seeking to raise an army of fund-raisers — by giving them a cut of any money they collect for his campaign.The Republican presidential candidate Vivek Ramaswamy wants to disrupt the “oligopoly” of political fund-raising.Michael M. Santiago/Getty ImagesRamaswamy rethinks political giving As a biotech entrepreneur, investor and conservative activist, Vivek Ramaswamy cuts a different profile from the veteran politicians who are also seeking the Republican presidential nomination.With the plan that he announced on Monday — in which fund-raisers will get 10 percent of what they drum up for him — Mr. Ramaswamy told DealBook that he’s trying to shake up the business of politics now, too.How it works: Called “Vivek’s Kitchen Cabinet,” the system will give participants a personal link they can share with others, and the campaign will pay them as independent contractors.Mr. Ramaswamy said he’s taking aim at a political norm. After announcing his candidacy in February, he said he had met with professional fund-raisers who promised that they could find wealthy donors in Palm Beach, Fla., in Silicon Valley, and on Wall Street.He wasn’t impressed with their work, he said, but he found their fee structure, in which they are paid up to 20 percent of what donors give, interesting. That got him thinking about disrupting the model: “Anytime there’s an oligopoly, there’s a need and an opportunity to break it up,” he said.It’s a novel way of attracting support, since it goes against how candidates traditionally spend money to get donors. (Most campaigns will spend heavily on marketing to draw donors, though the Republican hopeful Doug Burgum is trying something different by doling out $20 gift cards.) News coverage of the plan could also help bump up awareness of Ramaswamy, who’s currently polling at about 4 percent.Drawing more donors isn’t necessary for Mr. Ramaswamy to qualify for the first Republican presidential debate — he told DealBook that he had amassed about 65,000 already, more than the 40,000 minimum. But it could help alleviate his need to self-fund his campaign, to which he has given more than $10.5 million in loans and contributions as of the first quarter.Is it legal? Campaign finance experts told DealBook that the plan didn’t appear to raise any legal issues. Ramaswamy said that it had been vetted by the Federal Election Commission.But some experts see other problems. For instance, supporters may pressure and coerce others in their networks to give to the candidate, according to Saurav Ghosh, director of campaign finance reform at the advocacy group Campaign Legal Center and a former F.E.C. enforcement attorney. (Some on social media have jokingly compared it to a multilevel marketing campaign.)HERE’S WHAT’S HAPPENING China reportedly plans tighter rules for artificial intelligence. Beijing officials will compel companies developing A.I. services to obtain a license before releasing their products to the public, according to The Financial Times. Regulators are seeking a balance between controlling content while allowing domestic tech companies to innovate.Foxconn withdraws from a $19.5 billion chip venture in India. The electronic components giant said it wouldn’t move forward with plans to partner with the conglomerate Vedanta to build factories in Gujarat. The decision is a blow to India’s efforts to become a hub for chip making and to seize on desires by Apple and others to diversify their supply chains away from China.Tucker Carlson’s Twitter show isn’t holding onto its audience. Views of his broadcasts on the social network have fallen as much as 85 percent since their debut last month. It’s bad news for Carlson, who had counted on his strong viewership at Fox News to carry over to his Twitter show after the network fired him this spring.Hollywood faces the prospect of a second strike. Actors are set to join writers on the picket lines if their union, SAG-AFTRA, doesn’t reach a deal with studios by midnight on Wednesday. Another strike could completely shut down Hollywood, disrupting local communities depending on movie and TV production. At issue are disagreements over streaming payments and the use of artificial intelligence.The heat grows on Twitter’s chief Just a month into the job as the social media platform’s C.E.O., Linda Yaccarino has had to deal with a major new competitor, unpopular limits placed on power users and the unpredictability of Elon Musk. It hasn’t been a smooth debut by any means.She has set herself a tough task. Ms. Yaccarino, the former head of advertising at NBCUniversal aims to repair relations with Madison Avenue, no small feat in the middle of a global ad slump. In her favor is her strong reputation: “Linda was a good hire and the right hire as long as she has the freedom to do what’s necessary,” Martin Sorrell, an advertising mogul, told DealBook last week.But many suspect that Twitter’s owner will be reluctant to relinquish control. Indeed, Mr. Musk hasn’t made things easier for Ms. Yaccarino, tweeting juvenile content and apparently neglecting to copy her on his threat to sue Threads, Meta’s rival short-messaging platform. (Referring to Ms. Yaccarino, Bill Grueskin, a Columbia Journalism School professor, tweeted that he was “trying to think of a worse career decision.”)A request for comment to Twitter’s P.R. team was answered with an auto-reply of a poop emoji.And Threads keeps growing. The Twitter competitor has now surpassed 100 million users, setting a record for an app to reach that milestone. Analysts at Evercore ISI have estimated that Threads could add $8 billion to Meta’s annual revenue by 2025. It’s worth noting that Threads currently doesn’t feature any advertising.Its rise appears to be hurting Twitter: Traf­fic to Twit­ter’s web­site fell 5 percent week-on-week in the first two days of Thread’s existence, ac­cord­ing to The Wall Street Journal, citing Sim­i­lar­Web.Ms. Yaccarino sought to rally the Twitter faithful. “Twitter, you really outdid yourselves!” she posted on Monday. “Last week we had our largest usage day since February. There’s only ONE Twitter. You know it. I know it. 🎤” (That said, the tech journalist Casey Newton expressed skepticism of her claim.)Inflation nation Americans’ spending spree on cars, airline tickets and hotel stays appears to be cooling off. Markets are anxiously waiting to see if that restraint will be born out in Wednesday’s Consumer Price Index reading.What to watch: Economists polled by Bloomberg expect the headline inflation number to drop to 3.1 percent, a huge decline from last July’s reading of 9 percent. (That said, more frugal consumers could crimp Amazon’s annual Prime Day shopping bonanza, which starts today.)But progress from here is expected to be tough. Core inflation, which excludes more volatile food and fuel prices, is predicted to drop to 5 percent, well above the Fed’s 2 percent target. In an investor note on Monday co-written by Jan Hatzius, Goldman Sachs’s chief economist, the firm said that it expected further gradual progress in the inflation fight in the coming months, but didn’t see core inflation dipping below 3 percent until 2025.The Fed is also still worried about inflation. On Monday, three officials said that more interest rate increases were needed to bring down prices. “Inflation is our No. 1 problem,” said Mary Daly, president of the San Francisco Fed and a nonvoting member of the central bank. She added that she believed two more rate raises were needed this year.The futures market is betting on that as well, pricing in a quarter-percentage-point increase at this month’s Fed rate-setting meeting and, increasingly, anticipating another raise this fall.But that uncertainty over inflation, as well as worries about recession and a slowing labor market, has led some on Wall Street to warn that the S&P 500 is overvalued and that a stock sell-off is coming. (Investors will keep an eye on corporate earning reports, which begin this week, for more clues on how businesses are faring.)“It’s also important to set the record straight: This is not a merger. The PGA Tour remains intact.” — Ron Price, the C.O.O. of the PGA Tour, in a preview of his testimony today before the Senate Permanent Subcommittee on Investigations about the proposed tie-up with the Saudi-backed LIV Golf circuit. Price added that there would be no changes to the PGA Tour’s C.E.O. or on the board level should the framework deal move forward.A fight over banking rules draws closerThe Fed’s top banking overseer, Michael Barr, outlined on Monday major parts of his plan to update regulations in the wake of the regional lender crisis that was prompted by the collapse of Silicon Valley Bank this spring.Among them are tougher capital requirements meant to make banks more resilient in turbulent times — but the financial industry is warning that the proposals go too far.Mr. Barr wants banks to hold more in capital reserves, to the tune of an additional $2 for every $100 of risk-weighted assets, he said in a speech. He also wants to extend his stricter rules to all institutions with $100 billion or more in assets; the toughest requirements currently apply only to lenders that are internationally active or have at least $700 billion in assets.It’s a recognition of “gaps in the current rules,” he said, since even midsize lenders — which are more lightly regulated — can pose dangers to the American financial system.Banks are threatening a fight. Washington and Wall Street appear to have been surprised by how tough Mr. Barr is being: “It’s definitely meaty,” Ian Katz, an analyst at Capital Alpha, told The Times. But industry figures said that tougher restrictions would come at a price. “Further capital requirements on the largest U.S. banks will lead to higher borrowing costs and fewer loans for consumers and businesses,” said Kevin Fromer, head of the banking group Financial Services Forum.The rules aren’t a done deal yet. Up next is the public comment period. If the Fed’s board approves, it will still take time to implement the rules.THE SPEED READ DealsBerkshire Hathaway will buy control of a liquefied natural gas export project in Maryland for $3.3 billion. (Bloomberg)Banks including Citigroup, HSBC and JPMorgan Chase are said to be seeking potential investors for the seed giant Syngenta’s $9 billion I.P.O. in China, which is expected to be the biggest market debut this year. (Bloomberg)Morgan Stanley has reportedly hired Marco Caggiano, JPMorgan’s head of North American mergers, as a vice chairman of M.&A. (Reuters)PolicyThe United States and the European Union reached a deal to let tech giants continue sharing user data between their jurisdictions. (NYT)Jay Clayton, former head of the S.E.C., and Tim Massad, former chair of the C.F.T.C., offered a road map to regulating the crypto markets. (WSJ)Best of the restEuropean regulators are investigating whether the popular weight-loss drugs Ozempic and Saxenda increase the risk of suicidal thoughts among users. (WSJ)India’s economy could surpass that of the United States in size by 2075, Goldman Sachs predicts — though high taxes and bureaucracy could stand in the way. (Insider)“Disney World Hasn’t Felt This Empty in Years” (WSJ)We’d like your feedback! Please email thoughts and suggestions to [email protected]. More