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    Trump Urged Legislator to Overturn His 2020 Defeat in Wisconsin

    Donald J. Trump called Robin Vos, the speaker of the Wisconsin Assembly, on July 9 and pushed him to support a resolution to retract the state’s 10 electoral votes for President Biden.Donald J. Trump called a top Republican in the State Legislature in Wisconsin in recent days to lobby for a measure that would overturn his 2020 loss in the state to President Biden, the latest signal that the former president remains undaunted by congressional and criminal investigations into his election meddling.Mr. Trump’s advisers said the former president saw an opening to press the Republican official, Assembly Speaker Robin Vos, after a Wisconsin Supreme Court ruling prohibited the use of most drop boxes for voters returning absentee ballots.Since drop boxes were used during the 2020 election, Mr. Trump argued, the state should be able to invalidate the results of that election. He pushed Mr. Vos to support a resolution that would retract the state’s 10 electoral votes cast for Mr. Biden. Mr. Trump’s advisers said the phone call took place on July 9 — the day after the court issued its opinion.There is no mechanism in Wisconsin law to rescind the state’s electoral votes, nor does the United States Constitution allow for a state’s presidential election to be overturned after Congress has accepted the results. Still, Mr. Trump has persisted.Mr. Vos has repeatedly told Mr. Trump and his allies that decertifying the former president’s loss would violate the state’s Constitution.Mr. Trump “has a different opinion,” Mr. Vos told a television station in Milwaukee, WISN-TV, which first reported the phone call on Tuesday. Mr. Vos did not respond to messages on Wednesday.The call is only the latest indication that Mr. Trump remains fixated on nullifying the 2020 presidential contest 18 months after Mr. Biden replaced him in the White House. He has continued to prioritize his lies that he won the last election as he aims to influence the next one, signaling to his supporters that undermining the 2020 election should be the predominant issue for the party.His actions come as a prosecutor in Georgia is gathering evidence into whether Mr. Trump violated laws in his attempt to overturn results in the state. Mr. Trump’s own team was already concerned about potential legal consequences from the deluge of devastating testimony revealed by the House committee investigating the Jan. 6 attack on the Capitol.And Mr. Trump may have created more legal headaches for himself when he phoned a witness in the House committee’s investigation after a hearing on June 29. Representative Liz Cheney of Wyoming, a Republican serving as the panel’s vice chairwoman, has said information about Mr. Trump’s call to the witness has been turned over to the Justice Department.In the past 10 days, Mr. Trump has endorsed candidates in Arizona and Oklahoma based in part on their support for his attempts to overturn the election or his criticisms of the House investigation.Supporters of former President Donald J. Trump rallied at the Wisconsin State Capitol shortly after the 2020 election.Lauren Justice for The New York Times“We won in 2020,” Mr. Trump said in a statement on Tuesday reiterating his endorsement of David Farnsworth for a State Senate seat in Arizona. Mr. Farnsworth is running against Rusty Bowers, who is the Republican speaker of the Arizona House and who has been critical of the former president’s attempts to overturn the election. In the statement, Mr. Trump called Mr. Bowers a “weak and pathetic” Republican who “didn’t have the guts to do anything about the rigged and stolen election.”Mr. Trump has never stopped looking for ways to undo the results of the 2020 election, and his desire to keep talking about his false claims of widespread fraud has intensified as investigations into his conduct have become more focused.In Arizona, a review of the 2020 vote failed to change the outcome and instead affirmed the result. Mr. Trump’s allies have come up empty in their bid to overturn the results in Georgia. In recent months, his allies have instead focused their attention on Wisconsin, where Mr. Vos has tried to accommodate Mr. Trump’s increasing demands about the 2020 election for more than a year.When Mr. Trump called for an audit of the state’s votes days ahead of the Republican Party of Wisconsin’s 2021 state convention, Mr. Vos used the gathering to announce he would appoint a former Wisconsin Supreme Court justice, Michael Gableman, to investigate the election.Michael Gableman, a former Wisconsin Supreme Court justice, was appointed to investigate the 2020 election results in the state. Daniel Brenner for The New York TimesIn February, Mr. Trump released a statement asking “who in Wisconsin is leading the charge to decertify this fraudulent Election?” Weeks later, Mr. Gableman’s report suggested that state legislators consider decertification.Mr. Vos repeatedly blocked efforts to hold a vote on decertification. Still, Mr. Vos met with leading proponents of decertification, something they held up as significant progress in their effort to undo the 2020 results.Mr. Trump and his allies have since turned on Mr. Vos. The former president has used his social media website to press Mr. Vos to act, and he released a statement on Tuesday suggesting that his supporters back Mr. Vos’s primary opponent if he fails to act.Mr. Vos is facing a spirited but underfunded primary challenger, Adam Steen, whose campaign hinges on the notion that Mr. Vos is not sufficiently loyal to Mr. Trump because he has blocked the decertification effort.And while Mr. Vos has not seen eye to eye with Mr. Trump on the election, his allies know the former president still holds a powerful grip on the party.An outside group supporting Mr. Vos in the primary recently mailed a flyer to Wisconsin Republicans with a picture of Mr. Vos and Mr. Trump sitting next to each other on a plane and smiling.“Leading the fight for election integrity!” the flyer reads.Maggie Haberman More

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    Where the Midterms Could Affect Abortion Most

    Now that the United States Supreme Court has returned the power to regulate abortion to the states, every election has implications for access. The 2022 midterms will bring the issue’s first big electoral test since the court overturned Roe v. Wade. Five states have put abortion rights directly on the ballot with measures to amend […] More

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    How Dan Cox Won the Republican Race for Maryland Governor

    Maryland’s Republican contest for governor was the third election this year in which Democrats have effectively teamed up with Republicans loyal to former President Donald J. Trump to help a far-right candidate win a blue-state primary.Weeks ahead of Maryland’s Republican primary for governor, private Democratic polling showed the Trump-endorsed candidate, Dan Cox, with a slight lead over his establishment-backed rival, Kelly Schulz, a former cabinet secretary to Gov. Larry Hogan.But polls showed that once Republican voters were told Mr. Cox, who spent just $21,000 on TV and radio advertising, had been endorsed by Mr. Trump and held staunchly conservative views on abortion, his advantage ballooned.The Democratic Governors Association proceeded to spend more than $1.16 million on TV ads reminding Republican voters of Mr. Cox’s loyalty to Mr. Trump and endorsement from him.Mr. Cox won his race on Tuesday by double digits. He became the latest Republican primary winner to demonstrate both the power of the party’s far-right base in selecting G.O.P. nominees and the establishment wing’s inability to halt Democratic meddling in primaries.On Wednesday, Mr. Cox — who wrote on Twitter during the Capitol riot that Vice President Mike Pence was a “traitor” — dismissed the idea that he had been propped up by Democrats. They supported his primary bid in the belief that he cannot win the general election in Maryland, which Mr. Trump lost by 33 points in 2020.“The Democrats didn’t win this race,” Mr. Cox said in an interview on “Fox & Friends,” the morning program watched regularly by Mr. Trump. “The arguments of my opponent were replayed over and over again, smearing me.”The chief antagonist of Mr. Cox’s campaign was less any future Democratic opponent or even Ms. Schulz than it was Mr. Hogan, who won two terms as governor of an overwhelmingly Democratic state by focusing on Maryland’s economy while avoiding thorny social issues.Mr. Cox’s strategy of playing to the Trumpist base of the party won him a commanding primary victory, though tens of thousands of uncounted absentee ballots are likely to narrow his 16-point margin.Still, sowing division among Republicans and alienating moderate Democrats is the opposite of how Mr. Hogan won the last two elections. Mr. Cox is likely to face challenges broadening his support.Mr. Cox’s Democratic opponent is likely to be Wes Moore, a best-selling author and former nonprofit executive.Pete Marovich for The New York TimesIn the past, Mr. Cox has associated himself with followers of the QAnon conspiracy theory. He has tweeted the group’s hashtag, and in April he appeared at an event called Patriots Arise at a hotel in Gettysburg, Pa., that was organized by a right-wing social media influencer whose website has promoted a QAnon slogan.There, Mr. Cox promoted a similar brand of Christian nationalism that has animated the campaign of Doug Mastriano, the Republican nominee for governor of Pennsylvania, who has endorsed Mr. Cox.“The Constitution does not give us our liberties. It merely protects those that were given by God,” Mr. Cox said at the event. “We have natural rights that supersede any governor, any government, any official, all of which is based upon the fact that we are created in his image.”Mr. Cox, in his Fox interview on Wednesday, played down the suggestion that he would not be able to build a winning coalition.But Mr. Hogan didn’t wait 24 hours before signaling that he would not vote for Mr. Cox. “The governor will not support the QAnon candidate,” said Mr. Hogan’s spokesman, Mike Ricci.Mr. Cox’s campaign manager, his daughter Patience Faith Cox, declined an interview request.The state’s business community, after eight years of being aggressively courted by Mr. Hogan, might soon turn to the Democrats.Rick Weldon, the president of the local chamber of commerce in Frederick, Md., said on Wednesday that he had better conversations about the needs of small businesses in the state with Wes Moore, who leads the still-uncalled Democratic primary, than with Mr. Cox, a state legislator from Frederick.“Mr. Cox is a crusader,” Mr. Weldon said. “Crusaders, once they get elected, make relatively ineffective elected officials.”Democrats’ backing of Mr. Cox was helped by Ms. Schulz’s minimal attempts to define him as unelectable. She never attacked him in television ads, hoping to employ the Hogan strategy of appealing to all manner of Republicans while also winning a substantial amount of Democratic votes in November.Kelly Schulz, Mr. Cox’s top rival, raised about $2.5 million through early July — about five times as much as he took in.Matt Roth for The New York TimesOfficials at the Democratic Governors Association bore no guilt about elevating a series of election-denying, Trump-loyal candidates who would seek to ban abortion, among a range of other measures, if they prevail in November.David Turner, a spokesman for the D.G.A., said his organization was focused on “winning these elections in November.” If giving a boost to far-right candidates increases the chances that Democrats will prevail, he said, it is worth the risk of placing in a governor’s mansion someone like Mr. Cox, Mr. Mastriano or Darren Bailey, an Illinois state senator who was the beneficiary of $35 million of Democratic advertising before winning his primary last month.“If the Republican Party had more leaders and less cowards at the top willing to speak truth to their voters, this lane wouldn’t even exist,” Mr. Turner said.Ms. Schulz had raised about $2.5 million through early July — about five times as much as Mr. Cox took in.But unlike Gov. Brian Kemp in Georgia, who imported a host of ambitious Republicans looking to create some daylight between themselves and Mr. Trump with voters, Ms. Schulz never sought to make her contest a referendum on Trumpism.Campaigning with national Republican figures would have made an already difficult general election much harder, said Doug Mayer, Ms. Schulz’s senior adviser.“You don’t play to win the primary, you play to win the general,” Mr. Mayer said. “In Maryland, that is a very, very, very difficult line to walk.”Mr. Cox’s Democratic opponent is likely to be Mr. Moore, a best-selling author and former nonprofit executive. Mr. Moore holds a 35,000-vote lead over Tom Perez, a former Democratic National Committee chairman. At least 169,000 Democratic absentee votes remain to be counted, but the number could be more than 300,000: Ballots postmarked by Tuesday will count as long as they are received by July 29.On Thursday morning, election officials across Maryland will begin processing the absentee ballots received in the mail and in drop boxes. The counting is expected to take several days.Elizabeth Dias More

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    Giuliani Ordered to Testify in Georgia Criminal Investigation

    After Rudolph W. Giuliani failed to show for a hearing in Manhattan, a Georgia judge ordered him to testify as part of an investigation into election interference in the state.A Georgia judge ordered Rudolph W. Giuliani to testify in Atlanta next month in an ongoing criminal investigation into election interference by former President Donald J. Trump and his advisers and allies, according to court filings released on Wednesday.Some out-of-state witnesses in the case have gone to court to challenge subpoenas or other legal filings seeking to compel their testimony. But after Mr. Giuliani failed to show for a hearing last week in Manhattan, where the matter was to have been adjudicated, Judge Robert C. I. McBurney of the Superior Court of Fulton County ordered him to appear before a special grand jury in Atlanta on Aug. 9.Mr. Giuliani, who spearheaded efforts to keep Mr. Trump in power as his personal lawyer, has emerged as a central figure in the Georgia criminal investigation into efforts to overturn Mr. Trump’s 2020 electoral loss in the state. Fani T. Willis, the prosecutor in Fulton County leading the investigation, has indicated that she is considering conspiracy or racketeering charges, which could take in a broad spectrum of people engaged in multiple efforts to sway the election results.Her office worked with the office of Alvin Bragg, the district attorney in Manhattan, to secure Mr. Giuliani’s testimony, and she said in a statement that she was “grateful to the prosecutors and investigators” in Mr. Bragg’s office for their assistance.Mr. Giuliani’s lawyer did not immediately respond to a request for comment.A special grand jury has been meeting regularly in Atlanta to hear testimony and review documents and videos that may shed light on the multipronged effort to put Georgia in Mr. Trump’s win column. Among the acts under consideration are an infamous postelection phone call that Mr. Trump made to Brad Raffensperger, the Georgia secretary of state, asking to “find” enough votes to secure his victory.Mr. Giuliani appears to be of interest for a number of reasons, including his participation in a scheme to create slates of pro-Trump presidential electors in numerous states including Georgia. In court filings this week, it was revealed that all 16 pro-Trump electors in Georgia had been informed by the Fulton County District Attorney’s office that they could face charges.Mr. Giuliani also appeared in person before two Georgia state legislative committees in December 2020, where he spent hours peddling false conspiracy theories about secret suitcases of Democratic ballots and corrupted voting machines. He told state legislators, “You cannot possibly certify Georgia in good faith.”Legal experts have said the Georgia investigation may prove to be particularly perilous for Mr. Trump and his allies. Though the grand jury proceedings are secret, a number of details have emerged in recent days that hint at the scope of the investigation. Among the pro-Trump electors who learned they could be indicted are David Shafer, the chair of the state Republican Party, and State Senator Burt Jones, the party’s nominee for lieutenant governor. Another Republican state senator, Brandon Beach, was also informed that he is a potential target.Prosecutors are seeking testimony from Senator Lindsey Graham of South Carolina, a Trump ally who also called Mr. Raffensperger, and Representative Jody Hice, a hard-right Georgia Republican who has embraced false narratives about election fraud in Georgia and who helped lead efforts in Congress to help keep Mr. Trump in power.William K. Rashbaum More

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    American Bridge Sues the F.E.C. Over Trump’s 2024 Hinting

    American Bridge claims in a lawsuit that the F.E.C.’s inaction has given Donald J. Trump an unlawful advantage over any Democratic opponent in 2024.A Democratic super PAC filed a lawsuit against the Federal Election Commission on Wednesday, seeking to force officials to take action against Donald J. Trump for all but running for president in 2024 without having declared himself a candidate.The suit comes more than four months after the group, American Bridge, lodged a complaint with the F.E.C. against Mr. Trump. The complaint argues that he has been behaving like a 2024 presidential candidate while avoiding the oversight of the commission by not filing a statement of candidacy.For a year, Mr. Trump has held rallies across the country that are ostensibly for Republicans running in local, statewide and congressional races, but during which he talks about himself. He has also given several interviews in which he has sounded like a candidate. When Mr. Trump will make a formal announcement remains uncertain, but he has accelerated his campaign planning in hopes of blunting damaging revelations from investigations into his attempts to overturn his defeat in the 2020 election.The group alleges in the lawsuit, filed in Washington, that the agency’s inaction has allowed Mr. Trump to have an advantage as a candidate without a formal campaign committee.“The goal and effect of Mr. Trump’s efforts is to disguise his run for the presidency,” the suit reads, leaving the group and voters “in the dark about the contributions and expenditures he has received, which is information they are entitled to.”Donald Trump, Post-PresidencyThe former president remains a potent force in Republican politics.Grip on G.O.P.: Donald J. Trump is still a looming figure in his party. However, there are signs his control is loosening.Losing Support: Nearly half of G.O.P. primary voters prefer someone other than Mr. Trump for president in 2024, a Times/Siena College poll showed.Looking for Cover: Republicans are bracing for Mr. Trump to announce an unusually early 2024 bid, a move intended in part to shield him from the damaging revelations emerging from the Jan. 6 investigations.Endorsement Record: While Mr. Trump has helped propel some G.O.P. candidates to primary victories, he’s also had notable defeats. Here’s where his record stands so far in 2022.A Modern-Day Party Boss: Hoarding cash, doling out favors and seeking to crush rivals, Mr. Trump is behaving like the head of a 19th-century political machine.His continued fund-raising for his political groups in this manner “provides him with a competitive edge” over his Democratic opponent, whom American Bridge plans to support, the lawsuit says.The group called on the F.E.C. to take action against Mr. Trump within 30 days. The suit suggests that additional action should be taken against both Mr. Trump and the commission if the agency does nothing.The F.E.C. did not immediately respond to an email seeking comment.Lawyers for American Bridge said in the suit that had the agency acted swiftly on their complaint in March, Mr. Trump would have been required to register a principal campaign committee and disclose his campaign activities in a series of reports. They also said that Mr. Trump’s PAC, Save America, is spending money to support candidate-related activities the former president has been engaging in for a year. The group argued that it was at a disadvantage in its efforts to engage in the kind of opposition research it normally conducts, because Mr. Trump is not being subjected to the type of disclosures the commission requires from candidates.The lawsuit compiled some of the remarks the former president made in recent months that hinted at another run for the White House.In January, when Mr. Trump was introduced at his golf course as the 45th president of the United States, he responded, according to the lawsuit, “the 45th and 47th.” It also notes that he told a conservative group in February that “we’re going to be doing it again a third time” and referred to his wife, Melania Trump, as “the future first lady.”In a July interview with New York magazine, Mr. Trump said that “in my own mind, I’ve already made that decision, so nothing factors in anymore.”A spokesman for Mr. Trump did not respond to a request for comment.It is unclear whether the suit will work through the courts fast enough to have any effect on either the commission or Mr. Trump. There have been a handful of suits seeking to force an increasingly slow F.E.C. to take action on various campaign finance matters. Many of those suits are still pending. More

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    Discontent Leads to Calls for New Third Parties

    More from our inbox:‘Hearts and Minds’: The Stakes in the Ukraine WarThe Football Coach, the Prayer and the Supreme CourtWith Trump, Money Wins Every Time Melanie LambrickTo the Editor:Re “A Viable Third Party Is Coming,” by Representative Tom Malinowski (Opinion guest essay, July 10):Ronald Reagan famously said that he didn’t leave the Democratic Party. The Democratic Party left him. For moderate New Jersey Republicans, it is clear that the Republican Party has left them. Big time. Donald Trump’s MAGA radicals have taken over. And so desperate times call for desperate measures.The newly announced Moderate Party seeks to provide a safe home for all reasonable folks in the state, not only disaffected Republicans but unaffiliated and other voters too. Let’s face it. The two-party lock on nominations and ballot access is just not working. Fusion voting — in which other political parties endorse and place on the ballot candidates who also run as Democrats or Republicans — works very well in New York, and it needs to come to New Jersey immediately.Mr. Malinowski personifies what we all want in our congressional representatives. He works for all the people in his district. Country before party. Imagine that.For all those disaffected Republicans and others who cringe at voting on the Democratic line, fusion voting needs to come to New Jersey.Harlin ParkerLebanon Township, N.J.To the Editor:The Moderate Party in New Jersey makes me hopeful. I’m tired of voting for the lesser of two evils. The far-right-wing extremists have even put a stain on Christianity.The majority of Americans are honest, hardworking moderates, as am I. Living in Texas has been very difficult for moderates, yet even in Texas many of the citizens are moderates. Honestly, I never thought about moving to New Jersey, but the Moderate Party movement has caused me to consider it. Is there any hope of the Moderates organizing in all 50 states?Nancy EvansLittle Elm, TexasTo the Editor:Tom Malinowski’s guest essay about a new Moderate Party, composed of “Democrats of all stripes” and Republicans fed up with Donald Trump, sounds like an old-fashioned anti-Trump party. A real Moderate Party leader must declare opposition to the failed Pelosi/Schumer agenda as forcefully as it condemns the extremism of QAnon.A true center-driven party could lead to balanced debate and legislation on the environment, energy, crime, guns, health care, homelessness and immigration, and it might even lead us out of the desert created by the Supreme Court’s attack on women’s rights.Mark McKeefrySeward, AlaskaTo the Editor:Since 2000, I have been a third-party voter. I have often said, “I hope I live long enough to see any third party gain power, yet I don’t think God will let me live to the age of 200.” Since the overturning of Roe v. Wade, living two lifetimes might not be necessary.Allow me to suggest a new third party called the Women’s Rights Party USA. A large percentage of women, now feeling like second-class citizens, would join it. Many conservative men might vote for Women’s Rights Party USA candidates out of empathy for the moms/wives/daughters in their lives.If this new political party is started, maybe I would not have to live to age 200 to see real change in our society.Tony MathisonWichita Falls, TexasTo the Editor:Liz Cheney and Adam Kinzinger, please start a third party. As a lifelong Democrat, I would vote for either of you in a heartbeat for one reason that should be the criterion for any candidate — character! They have both sacrificed everything for the Jan. 6 hearings.I think that the Democratic and Republican Parties have been hijacked by extremists. Whom can I vote for in 2022 or 2024? Should I sit it out? It would be the first time.Carol ShurmanNew York‘Hearts and Minds’: The Stakes in the Ukraine War Sefa Karacan/Anadolu Agency vía Getty ImagesTo the Editor:Re “Putin Believes He’s Winning,” by Tatiana Stanovaya (Opinion guest essay, July 19):To win, you must win more than square meters, you must win people — that is, hearts and minds. That war Vladimir Putin has already lost, as the world slowly comes to understand what is at stake here: the hard-fought but imperturbably found identity of a real people — the Ukrainians — and their fierce desire to defend and express that identity.The Ukraine war embodies this struggle better than anything else I know.Jeffrey McCabeOrdu, TurkeyTo the Editor:With an uncertain outcome to the Ukraine war, it is shaping up as a contest between Russian energy and sanctions. Should the war continue into the winter and if the sanctions have not seriously damaged the Russian economy, Vladimir Putin will be in a position to apply his “energy weapon.”This will be a severe test for the Europeans, who Mr. Putin is betting will seek an agreement to end the conflict on his terms.Ed HoulihanRidgewood, N.J.The Football Coach, the Prayer and the Supreme Court Illustration by Danielle Del Plato; photographs by David Lee/Shutterstock, Chris Clor/Getty Images and Ben Pigao/iStock/Getty ImagesTo the Editor:Re “I Don’t Want to See a Football Coach Praying on the Field,” by Anne Lamott (Opinion guest essay, July 11):As a Christian pastor I pray and believe in the power of prayer. I also value U.S. constitutional protections for free exercise of all religions. The Supreme Court’s majority opinion on Coach Joseph Kennedy’s midfield postgame prayers distorts reality and belies power differentials in high school.A coach’s sincere religious practice midfield immediately after a game is a leader’s public act. Mr. Kennedy’s power over lives of students, his role as teacher and his unique access to that public space reinforce that act’s power.A coach saying “This is a free country” while much of the team joined him is a form of evangelism that many of us who teach in public classrooms and on fields have refrained from out of respect for the religious freedom of all.Let’s not forget the freedom, agency and voice of students who are of other religious traditions or none. Do you remember high school?(Rev.) Odette Lockwood-StewartBerkeley, Calif.To the Editor:Anne Lamott’s kinder, gentler, Sermon on the Mount type of Christianity hasn’t a prayer against white Christian nationalists, the Southern Baptist Convention, evangelicals, assorted other theocratic “sword or the cross” groups and their enablers in the Republican Party.Theocracy is the deadly enemy of democracy, and one of the main defenses against this kind of tyranny is a very high and very thick wall between church and state, not a Southern border wall or the Second Amendment.Bruce LiptonNew YorkWith Trump, Money Wins Every TimeDonald J. Trump’s private golf course in Bedminster, N.J., is set to host the LIV Golf tournament.Laura Moss for The New York TimesTo the Editor:Re “9/11 Families Call on Trump to Cancel Saudi-Backed Golf Event” (nytimes.com, July 17):The families are asking Donald Trump to choose between money and a sense of compassion and patriotism?Silly people, it is no contest at all. Money and his personal interests win every time.Bruce HigginsSan Diego More

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    Rishi Sunak and Liz Truss Will Compete to Replace Boris Johnson

    The two emerged as the final candidates after five rounds of voting, and now will try to win over an electorate that had wearied of Mr. Johnson’s seemingly endless scandals.LONDON — A 42-year-old man of South Asian ancestry will square off against a 46-year-old woman who was once a Liberal Democrat to be the leader of Britain’s Conservative Party and the next prime minister, after a vote on Wednesday that captured the party’s rich diversity but also exposed its raw divisions.Rishi Sunak, a former chancellor of the Exchequer, and Liz Truss, the current foreign secretary, emerged as the two finalists after five rounds of voting by Conservative lawmakers whittled the original field of 11 candidates. The two will now compete to succeed Prime Minister Boris Johnson in a vote of the party’s rank-and-file membership, with the results announced in early September.Ms. Truss edged out Penny Mordaunt, a little-known middle-ranking minister who mounted an unexpectedly vigorous campaign, promoting herself as a breath of fresh air after three turbulent years under Mr. Johnson. Ms. Mordaunt was eliminated after winning 105 votes, while Ms. Truss had 113 and Mr. Sunak 137.It was Mr. Sunak’s resignation two weeks ago set in motion the events that brought down Mr. Johnson, but neither he nor Ms. Truss represent much of a break with the departing prime minister in terms of policy. Both will face questions from a Conservative electorate which once savored Mr. Johnson’s shambling style but had recently grown frustrated with the seemingly endless parade of scandals in his government.Mr. Johnson, for his part, made a jaunty, self-congratulatory last appearance at Prime Minister Questions in Parliament, taking credit for winning the largest Conservative majority since Margaret Thatcher in 1987, for getting Brexit done, and for steadfastly supporting Ukraine in its war with Russia.“Hasta la vista, baby!” he said to lawmakers, borrowing a familiar sign-off from Arnold Schwarzenegger, who also famously said, “I’ll be back.”How successfully Mr. Sunak and Mr. Truss escape Mr. Johnson’s shadow may determine their success in the next six weeks of campaigning. That may pose a bigger challenge to Ms. Truss, who sat alongside Mr. Johnson in the House of Commons on Wednesday and has stayed in his cabinet when several others quit.Mr. Sunak will likely present himself as a responsible steward of the nation’s finances during a period of extreme stress, with surging inflation and the specter of recession. His victory caps a remarkable comeback from a few months ago, when he came under sharp criticism for the disclosure that his wife, Akshata Murty, the daughter of an Indian billionaire, did not pay taxes on all her income in Britain. Ms. Truss will be viewed as the candidate of hard-line Brexiteers, pursuing aggressive negotiations with the European Union over trade in Northern Ireland.She will also likely play up her hard-power credentials as foreign secretary during the war in Ukraine. At a recent televised debate, she was the only candidate to say she would be willing to sit down with President Vladimir V. Putin at a summit meeting of the Group of 20 industrial countries in November.“It is very important that we have the voices of the free world facing down Vladimir Putin,” Ms. Truss said. “I was prepared to face down Sergey Lavrov,” she added, referring to the Russian foreign minister. She said she would call out Mr. Putin “in front of those very important swing countries like India and Indonesia.” More

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    Twitter Takes Round 1

    Judge Kathaleen McCormick granted the social media giant’s request for an expedited hearing. Now, the two sides are gearing up for a trial in October.Twitter: 1, Musk: 0.Jim Wilson/The New York TimesTwitter suit takes the fast laneTwitter won its effort to expedite its trial with Elon Musk yesterday, in its lawsuit to force Musk to close his $44 billion acquisition of the company. So many people tried to listen to the proceedings that the dial-in hit capacity — and we hear advisers across Wall Street were huddled around speakerphones.It’s a big win for Twitter. In granting an expedited hearing, Judge Kathaleen McCormick effectively repudiated the notion that the court needed to allow time for a deep dive into whether Twitter had accurately counted the number of bots on its platform. She cited the “cloud of uncertainty” that was hanging over the company the longer the case went undecided as the reason for her decision to fast-track the trial. And in what may be another good sign for Twitter, Judge McCormick said she was unsure that damages would be a sufficient remedy for the social media company, which wants Musk to buy it, not pay damages to walk away.Please see Page 5. A centerpiece of Musk’s claims is that Twitter’s disclosures about the percentage of active users on its platform that are bots are misleading, which would have a “material adverse effect” on the company’s value. But Musk has yet to tell the court what, exactly, in Twitter’s disclosures might be false. This became an issue when Musk’s lawyer at Quinn Emanuel, Andy Rossman, took aim at Page 5 of Twitter’s annual report, which explains its bot count. But Twitter’s lawyer at Wachtell, Bill Savitt, in his rebuttal, noted that Twitter fills that page with hedges and warnings that numbers might be off. (It reads, in part: “Our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated.”) Of Twitter’s disclosure, Savitt said: “This does not require a recreation of all things known to humanity.” Judge McCormick seemingly agreed.The two sides are gearing up for a trial in October. Over the next weeks, they have to agree on schedules for depositions and discovery. And Musk will have time to prepare for another hearing before Judge McCormick that month: a defense of his whopping Tesla pay package — money that could come in handy if she forces him to buy Twitter.HERE’S WHAT’S HAPPENING Netflix loses fewer subscribers than expected. The streaming service reported yesterday that it lost nearly 1 million subscribers in the second quarter, far fewer than it had forecast. What’s more, Netflix said some of its strategies to stem losses, like an ad-supported option for consumers and a crackdown on password sharing, would boost revenue as soon as next year.A heroic act in an Indiana mall shooting renews the debate over gun access. In the days since a 22-year-old armed bystander killed a gunman two minutes into a shooting spree, the U.S. is again debating the wisdom of easier access to guns. But an analysis of 433 active shooter attacks in the U.S. between 2000 and 2021 found just 22 had ended with a bystander shooting the attacker, according to the Advanced Law Enforcement Rapid Response Training Center at Texas State University.The CHIPS Act passes a procedural hurdle in the Senate with more than 60 votes. The legislation, stalled for more than a year, gives chip manufacturers what they say is help they need to build factories in the U.S. The Senate is expected today to officially vote to pass the bill, which has been slimmed down and still needs to return to the House before it can go to the president.Intelligence agencies say Russia remains a threat in elections. Top F.B.I. and National Security Agency officials warned yesterday that Russia could still seek to meddle or promote disinformation during the 2022 midterm races, even as it wages war in Ukraine. Iran and China also remained potent threats, the officials said.The House moves to protect same-sex marriage from Supreme Court reversal. New legislation, which garnered some Republican support, would recognize same-sex marriages at the federal level, but it faces an uncertain path in the Senate. The move was a direct answer to Justice Clarence Thomas’s concurring opinion in the ruling last month that overturned federal abortion rights.The loans that may haunt Silicon ValleyTech workers have taken out loans in recent years based on the value of their start-up stock. But as the start-up economy has deflated, that may come back to haunt them, writes The Times’s Erin Griffith.Start-up loans stem from the way workers are typically paid. As part of their compensation, most employees at privately held tech companies receive stock options. That’s where loans and other financing options come in. Start-up stock is used as a form of collateral for cash advances. The loans vary in structure, but most providers charge interest and take a percentage of the worker’s stock when the company sells or goes public. Some are structured as contracts or investments.This lending industry has boomed in recent years. Many of the providers were created in the mid-2010s as hot start-ups like Uber and Airbnb put off initial public offerings of stock as long as they could, hitting private market valuations in the tens of billions of dollars.Debate has ignited in Silicon Valley over the proliferation of loans backed by stakes in still-private start-ups. Proponents say the loans are necessary for employees to participate in tech’s wealth-creation engine. But critics say the loans create needless risk in an already-risky industry and are reminiscent of the dot-com era in the early 2000s, when many tech workers were badly burned by similar loans.As the start-up economy deflates, these loans can be risky. While most are structured to be forgiven if a start-up fails, employees could still face a tax bill because the loan forgiveness is treated as taxable income.“No one’s been thinking about what happens when things go down,” said Rick Heitzmann, an investor at FirstMark Capital. “Everyone’s only thinking about the upside.”“The thing I’ve always been taught by my parents is to be the first one in and last one out. But there’s no one else there.”— Alex Hyman, who pictured his internship at a Los Angeles entertainment agency this summer as being one part “Entourage” and one part “The Office,” but found it more like “Home Alone.” It’s a common experience in an age of remote-working bosses.Mooch’s crypto problemAnthony Scaramucci, who is famous for his 11-day stint as former President Donald Trump’s communications director, is facing a mass exodus of investors from his funds.Earlier this week, Bloomberg reported that Scaramucci’s firm SkyBridge Capital had halted withdrawals from one of its smaller funds, Legion Strategies, which contains just over $200 million. But Scaramucci is also struggling to hold onto investors in SkyBridge’s flagship fund, the SkyBridge Multi-Adviser Hedge Fund Portfolios, which managed as much as $2 billion at the end of March. Its investments lost nearly a quarter of their value in the second quarter.Investors in SkyBridge’s flagship fund are seeking to withdraw as much as $890 million, or about half of the money that it held as of the end of last month, Scaramucci told DealBook. But many of those investors will be stuck in the fund for a while. Under its rules, investors in the Multi-Adviser fund are only allowed to withdraw money during certain windows. Those used to occur four times a year, but SkyBridge cut them to twice a year in 2020, after big losses at the beginning of the pandemic. Earlier this month, SkyBridge told investors they would only collectively receive about 16 percent of the money they requested. The letter said it was issuing investors’ notes that would be paid no later than October.Scaramucci’s losses come just over a year after SkyBridge’s pivot into crypto. SkyBridge’s flagship fund, which Scaramucci bought from Citigroup, has long specialized in buying and selling stakes of other hedge funds. For a time, that, along with strong performance in the years after the 2008 financial crisis, made Scaramucci one of the most powerful players in the hedge fund industry.Scaramucci says he is still a long-term believer in crypto. The fund manager says that about 22 percent of his flagship fund remained in crypto and related investments as of the end of last month. “I am not smart enough to time the market,” he told DealBook. “But we’ve done a tremendous amount of research and we think anyone who has will see that blockchain technology is good and is the future.”THE SPEED READ DealsPimco bought $1 billion worth of debt backing Apollo’s acquisition of a payments company at a steep discount. (Bloomberg)Start-ups are racing for share of the market for home chargers of electric vehicles, and several have already been acquired. (Reuters)“Sam Bankman-Fried Turns $2 Trillion Crypto Rout Into Buying Opportunity” (Bloomberg Businessweek)PolicyDan Cox, a Trump loyalist, won the primary to be the Republican candidate for governor of Maryland. (NYT)Novavax’s Covid vaccine was cleared for use in the U.S. (NYT)The Secret Service said texts requested by the Jan. 6 commission were probably lost for good. (NYT)U.K. inflation has exceeded economists’ forecasts, hitting 9.4 percent (FT)President Vladimir Putin signaled that Russia would resume gas deliveries through a key pipeline but at a reduced level. (NYT)Best of the restLeaked salary data at Twitter showed a pay gap of as much as 225 percent for the same role in different countries. (Input)Soaring overdose rates in the pandemic reflect widening racial disparities. (NYT)How the pain of past economic crises is haunting Italy. (NYT)“Fighting a Brutal Regime With the Help of a Video Game” (NYT)We’d like your feedback! 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