Clifford, Stephanie (1979- )

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      How Many of Trump’s Trials Will Happen Before the Election?

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      Donald J. Trump is the target of four separate criminal indictments, but the prosecutions could drag on for months or even years.Three different prosecutors want to put Donald J. Trump on trial in four different cities next year, all before Memorial Day and in the midst of his presidential campaign.It will be nearly impossible to pull off.A morass of delays, court backlogs and legal skirmishes awaits, interviews with nearly two dozen current and former prosecutors, judges, legal experts and people involved in the Trump cases show. Some experts predicted that only one or two trials will take place next year; one speculated that none of the four Trump cases will start before the election.It would be virtually unheard of for any defendant to play a game of courthouse Twister like this, let alone one who is also the leading contender for the Republican nomination for the presidency. And between the extensive legal arguments that must take place before a trial can begin — not to mention that the trials themselves could last weeks or months — there are simply not enough boxes on the calendar to squeeze in all the former president’s trials.“This is something that is not normal,” said Jeffrey Bellin, a former federal prosecutor in Washington who now teaches criminal procedure at William & Mary Law School and believes that Mr. Trump might only be on trial once next year. “While each of the cases seems at this point to be strong, there’s only so much you can ask a defendant to do at one time.”Any delay would represent a victory for Mr. Trump, who denies all wrongdoing and who could exploit the timeline to undermine the cases against him. Less time sitting in a courtroom equals more time hitting the campaign trail, and his advisers have not tried to hide that Mr. Trump hopes to overcome his legal troubles by winning the presidency.If his lawyers manage to drag out the trials into 2025 or beyond — potentially during a second Trump administration — Mr. Trump could seek to pardon himself or order his Justice Department to shut down the federal cases. And although he could not control the state prosecutions in Georgia or Manhattan, the Justice Department has long held that a sitting president cannot be criminally prosecuted, which very likely applies to state cases as well.Ultimately, the judges overseeing the four cases might have to coordinate so that Mr. Trump’s lawyers can adequately prepare his defense without needlessly delaying the trials. Judges are permitted under ethics rules to confer with one another to efficiently administer the business of their courts, experts said, and they periodically do so.“The four indictments can appear to resemble four cars converging on an intersection that has no lights or stop signs — but that won’t happen,” said Stephen Gillers, a legal ethics professor at New York University School of Law. “Well before the intersection, the judges will figure it out.”For now, Mr. Trump’s court schedule looks to be nearly as crowded as his campaign calendar, with potential trials overlapping with key dates in the Republican primary season. Claiming he is a victim of a weaponized justice system that is seeking to bar him from office, Mr. Trump may end up bringing his campaign to the courthouse steps.A federal special counsel, Jack Smith, has proposed Jan. 2 of next year (two weeks before the Iowa caucuses) as a date for Mr. Trump to stand trial in Washington on charges of conspiring to overturn the 2020 election. In a Thursday night court filing, Mr. Trump’s lawyers countered with a proposed date of April 2026.Fani T. Willis, the Fulton County, Ga., district attorney who this week announced racketeering charges against Mr. Trump, accusing him of orchestrating a “criminal enterprise” to reverse Georgia’s election results, wants that trial to begin on March 4 (the day before Super Tuesday).It is possible that the election interference case brought against Mr. Trump by special counsel Jack Smith may be given scheduling priority, the experts said.Doug Mills/The New York TimesMr. Smith’s recent case in Washington, and Ms. Willis’s in Georgia, were filed after Mr. Trump was already scheduled for two additional criminal trials next spring: in New York, on March 25, on state charges related to a hush-money payment to the porn star Stormy Daniels; and in Florida, on May 20, on federal charges brought by Mr. Smith accusing Mr. Trump of mishandling classified material after leaving office.Although the New York and Florida indictments were unveiled earlier, affording them first crack at the calendar, some experts now argue that they should take a back seat to the election-related cases, in Georgia and Washington, in which the charges strike at the core of American democracy. Trial scheduling is not always a first-come, first-served operation, and deference could be given to the most serious charges.In a radio interview last month, the Manhattan district attorney, Alvin L. Bragg, said that having been the first to indict did not necessarily mean he would insist on being the first to put the former president on trial. However, he said, the judge in the case, Juan M. Merchan, ultimately controls the calendar.“We will follow the court’s lead,” Mr. Bragg said.There has not yet been any direct communication among judges or prosecutors about moving the Manhattan case, according to people with knowledge of the matter.Still, Mr. Bragg’s comments suggest that he would not oppose moving the Manhattan case, which carries a lesser potential punishment than the three others, backward in line.“My own belief is Alvin Bragg will be true to his word and remain flexible in the interests of justice,” said Norman Eisen, who worked for the House Judiciary Committee during Mr. Trump’s first impeachment and believes that prosecutors might be able to squeeze in three Trump trials next year.And Mr. Eisen, now a senior fellow at the Brookings Institution, argued that voters deserve to know whether Mr. Trump was convicted of subverting the will of the people in the previous election before they vote in the next one.“There could not be a more important question confronting the country than whether a candidate for the office of the presidency is innocent or guilty of previously abusing that office in an attempted coup,” he said.The most likely candidate to take over Mr. Bragg’s March trial date would be Mr. Smith and his election interference case. Recently, nearly a dozen Republican-appointed former judges and high-ranking federal officials submitted a brief to the judge overseeing that case, arguing that the trial should take place in January as Mr. Smith has proposed and citing a “national necessity” for a “fair and expeditious trial.”But this is the case in which Mr. Trump’s lawyers have asked for a 2026 trial date, citing the voluminous amount of material turned over by the government — 11.5 million pages of documents, for example — that the defense must now review. Mr. Trump’s lawyers estimated that to finish by the prosecution’s proposed January trial date would mean reading the equivalent of “Tolstoy’s ‘War and Peace,’ cover to cover, 78 times a day, every day, from now until jury selection.”In that case, Mr. Smith brought a narrow set of charges against Mr. Trump in connection with efforts to overturn the 2020 election, totaling four felony counts, and with no co-defendants.In contrast, Ms. Willis’s election case is a sweeping 98-page indictment of not only Mr. Trump, who faces 13 criminal counts, but also 18 co-defendants, including Mark Meadows, the former White House chief of staff, and Rudolph W. Giuliani, the former mayor of New York City. Already, Mr. Meadows has petitioned for his case to be moved from state to federal court, and other defendants are likely to follow suit. That process could take months and could be appealed to the U.S. Supreme Court, probably making Ms. Willis’s proposed trial date of March 4 something of a long shot.In contrast to the relatively narrow election interference case brought by Mr. Smith in federal court, Fani T. Willis, the Fulton County, Ga., district attorney, has charged Mr. Trump and his associates with a multitude of felonies related to the 2020 presidential election.Nicole Craine for The New York TimesThe sheer size of Mr. Trump’s Georgia case, and the fact it was the last of the four cases to be brought, suggests any Georgia trial of Mr. Trump could be delayed even beyond next year.It is exceedingly rare for a criminal defendant to face so many trials in such a concentrated period of time. The once high-flying lawyer Michael Avenatti seemed to be heading for three federal trials after he was charged in Manhattan in 2019 in a scheme to extort the apparel giant Nike; and, separately, with stealing money from Ms. Daniels, a former client; and in California, with embezzling money from other clients. (He was eventually convicted in the New York trials and pleaded guilty in the California case.)E. Danya Perry, a lawyer who represented Mr. Avenatti in the Nike case, the first to go to trial, said the challenge was “sequencing the cases in a way that would be most advantageous” to her client. And because there was some overlap in the evidence, she said, the defense had to be careful not to open the door for prosecutors to introduce evidence against Mr. Avenatti from another of the cases.“You’re not just trying the case in front of that particular judge,” Ms. Perry said. “Evidence from one case could bleed into other cases.”Before any trial, Mr. Trump’s cases are also likely to become bogged down as his lawyers review and potentially argue over large amounts of documents and other case material turned over by the government. Certain judicial rulings could also lead to drawn-out pretrial appeals.In the Florida documents case, disputes over the use of classified information could delay the proceeding as well. And in the federal court in Washington, which is already contending with lengthy backlogs amid prosecutions of hundreds of Jan. 6 rioters, Mr. Trump’s lawyers have suggested they plan to litigate complex constitutional issues, including whether some of Mr. Trump’s false claims about the election were protected by the First Amendment.Even the jury selection process could drag on for weeks or months, as courts summon huge pools of prospective jurors for questioning over whether they harbor bias in favor of or against the polarizing former president.Michael B. Mukasey, a former U.S. attorney general and longtime Manhattan federal judge, said because of the complex issues raised in all four of Mr. Trump’s cases, “I think the odds are slim to none that any of them gets to trial before the election.”And Mr. Trump’s criminal cases are not the only courtroom battles he’s waging.In October, he faces trial in a civil suit filed by Attorney General Letitia James of New York, accusing him, his company and three of his children of a “staggering” fraud in overvaluing his assets by billions of dollars. In January, Mr. Trump faces two civil trials arising from private lawsuits: one a defamation claim by the writer E. Jean Carroll and the other accusing him of enticing people into a sham business opportunity.“We fully expect both cases to go to trial in January 2024,” said Roberta A. Kaplan, the plaintiffs’ lawyer in the two private suits.Although Mr. Trump need not be in court for the civil cases, he almost certainly will have to attend the criminal trials, said Daniel C. Richman, a former Manhattan federal prosecutor and now a professor at Columbia Law School.“If you asked all the prosecutors in each case, they’d firmly and sincerely say that they want these trials to happen in the first half of 2024,” Mr. Richman said. “But wishing does not make it so.”Maggie Haberman More

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      The Normal Paths to Beating Trump Are Closing

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      In the quest to escape Donald Trump’s dominance of American politics, there have been two camps: normalizers and abnormalizers.The first group takes its cues from an argument made in these pages by the Italian-born economist Luigi Zingales just after Trump’s 2016 election. Comparing the new American president-elect to Silvio Berlusconi, the populist who bestrode Italian politics for nearly two decades, Zingales argued that Berlusconi’s successful opponents were the ones who treated him “as an ordinary opponent” and “focused on the issues, not on his character.” Attempts to mobilize against the right-wing populist on purely moral grounds or to rely on establishment solidarity to deem him somehow illegitimate only sustained Berlusconi’s influence and popularity.The counterargument has been that you can’t just give certain forms of abnormality a pass; otherwise, you end up tolerating not just demagogy but also lawbreaking, corruption and authoritarianism. The more subtle version of the argument insists that normalizing a demagogue is also ultimately a political mistake as well as a moral one and that you can’t make the full case against a figure like Trump if you try to leave his character and corruption out of it.Trump won in 2016 by exploiting the weak points in this abnormalizing strategy, as both his Republican primary opponents and then Hillary Clinton failed to defeat him with condemnation and quarantines, instead of reckoning with his populism’s substantive appeal.His presidency was a more complicated business. I argued throughout, and still believe, that the normalizing strategy was the more effective one, driving Democratic victories in the 2018 midterms (when the messaging was heavily about health care and economic policy) and Joe Biden’s “let’s get back to normal” presidential bid. Meanwhile, the various impeachments, Lincoln Project fund-raising efforts, Russia investigations and screaming newspaper coverage seemed to fit Zingales’s model of establishment efforts that actually solidified Trump’s core support.But it’s true that Biden did a fair bit of abnormalizing in his campaign rhetoric, and you could argue that the establishment panic was successful at keeping Trump’s support confined to a version of his 2016 coalition, closing off avenues to expand his popular appeal.Whatever your narrative, the events of Jan. 6 understandably gave abnormalizers the upper hand, while inflation and other issues took the wind out of the more normal style of Democratic politics — leading to a 2022 midterm campaign in which Biden and the Democrats leaned more heavily on democracy-in-peril arguments than policy.But when this abnormalizing effort was successful (certainly more successful than I expected), it seemed to open an opportunity for normalizers within the Republican Party, letting a figure like Ron DeSantis attack Trump on pragmatic grounds, as a proven vote loser whose populist mission could be better fulfilled by someone else.Now, though, that potential dynamic seems to be evaporating, unraveled by the interaction between the multiplying indictments of Trump and DeSantis’s weak performance so far on the national stage. One way or another, 2024 increasingly looks like a full-abnormalization campaign.Post-indictments, for DeSantis or some other Republican to rally past Trump, an important faction of G.O.P. voters would have to grow fatigued with Trump the public enemy and outlaw politician — effectively conceding to the American establishment’s this-is-not-normal crusade.In the more likely event of a Biden-Trump rematch, the remarkable possibility of a campaign run from prison will dominate everything. The normal side of things won’t cease to matter, the condition of the economy will still play its crucial role, but the sense of abnormality will warp every aspect of normal partisan debate.Despite all my doubts about the abnormalization strategy, despite Trump’s decent poll numbers against Biden at the moment, my guess is that this will work out for the Democrats. The Stormy Daniels indictment still feels like a partisan put-up job. But in the classified documents case, Trump’s guilt seems clear-cut. And while the Jan. 6 indictment seems more legally uncertain, it will focus constant national attention on the same gross abuses of office that cost Trumpist Republicans so dearly in 2022.The fact that the indictments are making it tougher to unseat Trump as the G.O.P. nominee is just tough luck for anti-Trump conservatives. Trump asked for this, his supporters are choosing this, and his Democratic opponents may get both the moral satisfaction of a conviction and the political benefits of beating a convict-candidate at the polls.But my guesses about Trump’s political prospects have certainly been wrong before. And there is precedent for an abnormalization strategy going all the way to prosecution without actually pushing the demagogue offstage. A precedent like Berlusconi, in fact, who faced 35 separate criminal court cases after he entered politics, received just one clear conviction — and was finally removed from politics only by the most normal of all endings: his old age and death.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTOpinion) and Instagram. More

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      Trump Criminal Case Likely to Remain in N.Y. State Court, Judge Says

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      The judge, Alvin K. Hellerstein, said he was not inclined to move the Manhattan district attorney’s case against the former president to federal court.A judge on Tuesday indicated that he was likely to deny a request from lawyers for Donald J. Trump to move a New York State criminal case against the former president to federal court.The federal judge, Alvin K. Hellerstein, said that he would issue a written ruling within two weeks, but was inclined not to transfer the case brought by the Manhattan district attorney’s office which stems from a hush-money payment before the 2016 presidential election.“There is no reason to believe that an equal measure of justice couldn’t be rendered by the state court,” Judge Hellerstein said, after calling a central argument made by one of Mr. Trump’s lawyers “far-fetched.”After the district attorney, Alvin L. Bragg, unveiled the 34 felony charges against Mr. Trump in March, lawyers for the former president argued that the proper venue was federal court, in part because the conduct had occurred while Mr. Trump was in office.The payment to a porn star, Stormy Daniels, was made on Mr. Trump’s behalf by his former fixer, Michael D. Cohen, to buy her silence about a tryst she said she had with Mr. Trump. Once Mr. Trump was elected, he reimbursed Mr. Cohen. Mr. Bragg’s prosecutors have accused Mr. Trump of falsifying business records to disguise the purpose of the reimbursements.Mr. Trump’s lawyers would have had to convince Judge Hellerstein, who sits in Manhattan, that the accusations were related in some way to Mr. Trump’s official duties as president.Todd Blanche, a lawyer for Mr. Trump, argued that any work that Mr. Cohen did would have been related to Mr. Trump’s presidency: He said that Mr. Trump hired Mr. Cohen — who had been his longtime fixer — as a personal lawyer to ensure that he was fulfilling his constitutional duties.Matthew Colangelo, a prosecutor for the district attorney’s office, argued that Mr. Cohen’s hiring demonstrated the opposite. “These are personal payments to a personal lawyer handling his personal affairs.”Judge Hellerstein appeared to agree, saying that it was “very clear” that the act for which Mr. Trump had been indicted did not relate to the presidency. At one point, in a phrase that echoed Mr. Colangelo, the judge said of Mr. Cohen that “he was hired as a private matter to take care of private matters.”The judge said that his closing remarks from the bench were not binding, but that they would “presage” his ruling. If he rules as he suggested he would, the case would proceed as expected in state court, where a trial has been scheduled for March 25.A preview of how that trial might play out came during the hearing when Mr. Blanche unexpectedly called a witness to testify about Mr. Cohen’s role when he worked as a personal lawyer to Mr. Trump. He was trying to show how that role related to the official duties of the presidency.The witness, Alan Garten, the chief legal officer of the Trump Organization, was then cross-examined by Susan Hoffinger, the head of investigations at the district attorney’s office.Ms. Hoffinger tried to show that the arrangement with Mr. Cohen — without a retainer and with payments whose purpose was recorded without any description of the work involved in Mr. Trump’s ledger — was atypical. Mr. Garten acknowledged that it was irregular, but said that such arrangements did happen “from time to time.” More

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      Every Trump Indictment Tells a Story

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      Let’s assume, because it seems like a reasonable assumption, that we have not reached the end of the indictments that will be handed down against Donald Trump. Let’s assume that either the case in Georgia, where he is being investigated for election tampering, or the special counsel’s continuing investigation in Washington, will yield a prosecution related to his conduct between the November 2020 election and the riot on Jan. 6.In that case, Trump’s various indictments would double as a road map to his presidency and his era — each fitting with a different interpretation of the Trump phenomenon, and only together giving the fullest picture of his times.The first indictment, New York’s case against Trump for campaign finance violations related to his alleged affair with the adult thespian Stormy Daniels, fits neatly into the narrative of the Trump era that’s often called “anti-anti-Trump.” This interpretation concedes, to some degree at least, Trump’s sleaziness and folly, but then it invariably insists that his enemies in the American establishment are actually more dangerous — because they’re “protecting democracy” by trampling its norms, embracing conspiracy theories and conducting pointless witch hunts.It’s hard to imagine a better illustration of the anti-anti-Trumpist case than an ideological prosecutor in a Democratic city indicting a former president on a charge considered dubious even by many liberal legal experts. “Norms,” indeed: The Stormy Daniels case looks like Resistance theater, partisan lawfare, exactly the kind of overreach that Trump’s defenders insist defines the entirety of anti-Trumpism.The new federal indictment, for which Trump was arraigned in Miami on Tuesday, moves us into different terrain. This time the case seems legitimate, and even if charges brought under the Espionage Act have a fairly checkered history, on its face the indictment makes a strong case that Trump asked for this, that he invited the prosecution, that he had plenty of opportunities to stay within the law and chose to obstruct, evade and dissemble instead.But at the same time one would need a heart of stone not to find the whole class‌ified-documents affair a little bit comedic: blackly comic, to be sure, in the vein of the Coen Brothers, but for all its serious aspects still essentially absurd. The boxes piled high in the gaudy Mar-a-Lago bathroom is an indelible image for anyone who interprets the Trump era as a vainglorious clown show, with its pileup of scandals driven by narcissism and incompetence, and its serious-minded interpreters worrying about the Authoritarian Menace or the Crisis of Democracy when the evidence before their eyes was usually much shallower and stupider, not the 1930s come again but a reality television mind-set run amok.In the end, though, the reality-television reading was insufficient, because Trump groped his way into genuinely sinister territory — seeking what would have been a constitutional crisis if his postelection wishes had been granted and inspiring mob violence when he didn’t get his way.That aspect of his presidency still awaits its juridical illumination. But we may well get it, and if there is a prosecution related to his postelection conduct, it will complete a presidential triptych — with the persecuted Trump, the farcical Trump and the sinister Trump each making an appearance in our courts.As a matter of electoral politics, Trump’s resilience as a primary candidate depends upon Republican voters interpreting the entire triptych in the light of its first installment — such that his enemies’ overreach is the only thing that his admirers and supporters see, and both his more absurd behaviors and his most destructive acts are assumed to be exaggerated or invented, just so much liberal hype and NeverTrump hysteria.This perspective is false, but it is well entrenched among Republicans and has the advantage of simplicity. Meanwhile, Trump’s rivals for the nomination are stuck playing “on the one hand, on the other hand” games — constantly insisting that Trump has been unfairly treated, because Republican voters believe as much and clearly want to hear it stated, while trying to gently nurture the idea that he brings some of this mistreatment on himself and a different Republican might be just as effective without the constant grist for enemies and prosecutors.In a general election environment, though, we have strong evidence from the recent midterms that many swing voters reverse the Republican interpretation of the triptych, and read the whole of Trumpism in light of its darkest manifestation. Both the liberal overreach they might have opposed and the Trumpian shenanigans they might have tolerated are subsumed by a desire to avoid a repeat of Jan. 6, a revulsion against G.O.P. candidates who seem intent on replaying Trump’s destabilizing behavior.It’s possible to imagine that the multiplication of indictments, the constant action in the courts, eventually helps Republican voters who don’t share this interpretation to recognize how many of their fellow Americans do hold it, making Trump seem too unelectable at last.But Trump has always thrived by persuading a critical mass of Republicans to live inside his reality, not anybody else’s. And inside that gaudy mansion, the walls have room for just one outsize, garish portrait: “The Martyrdom of Donald Trump.”The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTOpinion) and Instagram. More

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      Donald Trump’s Latest Indictment May Reshape the 2024 Race

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      The former president, who faces seven criminal charges for mishandling classified documents, is expected to surrender to authorities next week.“I’m an innocent man,” Donald Trump told his supporters on Thursday night.Mandel Ngan/Agence France-Presse — Getty ImagesTrump indicted: what to expect next For the second time in two months, Donald Trump will surrender to the authorities to face legal charges, dropping another bomb into the 2024 presidential race. Within minutes, he was fund-raising on the back of the news.The indictment hasn’t yet been unsealed, but some details are known. The former president and front-runner for the Republican nomination faces seven criminal charges that he mishandled classified documents from his time in the White House and obstructed the government’s efforts to reclaim them. He is expected to turn himself in to the authorities on Tuesday.Mr. Trump himself broke the news last night, a sign his inner circle had been bracing for the indictment for weeks.On his Truth Social platform, Mr. Trump called the charges “election interference at the highest level,” adding, “I’m an innocent man.” Mr. Trump’s legal troubles keep piling up. But this indictment holds greater “legal gravity and political peril,” writes The Times’s Peter Baker. It’s not just a first in American history for a former president, but also involves the nation’s secrets.Here’s a recap of the other legal matters he faces:A federal grand jury last month ordered Mr. Trump to pay $5 million to the journalist E. Jean Carroll in a civil case that he sexually abused and then defamed her; Carroll’s legal team has sued Mr. Trump again over subsequent comments he made about her.In April, the New York authorities charged Mr. Trump with falsifying business documents in connection with hush-money payments to the porn star Stormy Daniels in the run-up to the 2016 presidential election.Mr. Trump is also under investigation in Georgia for possible election tampering in the state; a decision is expected later this summer.Mr. Trump’s Republican challengers came to his defense. Gov. Ron DeSantis of Florida, his nearest rival in the polls, accused the Biden administration of weaponizing the Justice Department to take on a political rival. And Vivek Ramaswamy, the anti-woke financier, said he would pardon Mr. Trump if elected president.Mr. Trump gained in the polls the last time he was charged. It is unclear if the public will be so supportive this time. A Yahoo-YouGov poll showed nearly two-thirds of Americans view the charges of removing classified documents and obstructing the investigation as a serious criminal matter; a similar percentage feel that he should not serve as president if convicted.So far, big-money conservative donors have stayed mum on the latest charges. Many have deserted Mr. Trump after backing him in previous election cycles.HERE’S WHAT’S HAPPENING The wildfire haze is moving on from the Northeast. Cities including New York and Philadelphia have seen air conditions improve, though the noxious smoke is spreading south and west; the F.A.A. has lifted ground stops at LaGuardia and Newark airports. But scientists confirmed that the El Niño weather phenomenon has started, portending hotter temperatures through next year.China suffers from a lack of inflation. New monthly data shows that producer prices fell 4.6 percent in May, the sharpest year-on-year drop in seven years, while consumer prices rose just 0.2 percent. Though a contrast from Western countries grappling with rapid inflation, the trend suggests China’s faltering economy may soon suffer from deflation.The White House reportedly braces for the death of its student loan forgiveness program. Biden administration officials are privately worrying that the Supreme Court may strike down its proposal, which would eliminate up to $20,000 in education debt per person for millions of Americans, according to The Wall Street Journal. The White House is preparing less legally risky alternatives to help borrowers.G.M. electric vehicles will gain access to Tesla’s charging network. The move, which follows a similar announcement by Ford, will vastly expand charger accessibility for G.M. But some in the industry fear that wider adoption of Tesla’s plugs, which are now likely to become the industry standard, will give Elon Musk’s company even greater power over the E.V. market.The bull market rally is already being testedInvestors shrugged off lousy labor market data and a new round of inflation warnings to push the S&P 500 into bull market territory on Thursday. But that enthusiasm seems to be waning on Friday morning as stock futures suggest markets will open lower.The bear market lasted 248 trading days, the longest such run since 1948. Since its October low, the S&P 500 has gained 20.04 percent, just enough to tip into a bull market. The benchmark index is still roughly 10 percent away from a record high; some market observers say, therefore, that it’s premature to call this a true bull market.Investor enthusiasm for artificial intelligence has underpinned this rally. According to Deutsche Bank analysts, the FANG+ Index — a collection of big cap tech stocks, many of which are expanding into A.I. — is up nearly 80 percent since ChatGPT debuted in November.Now to the bad news … A growing number of economists believe that next week’s Consumer Price Index report will show an uptick in core inflation. That could pressure the Fed to raise interest rates further — if not next week, in July.And there are signs of economic weakness. The Labor Department on Thursday reported 261,000 new jobless claims, the highest number since October 2021.Expect a prolonged period of economic uncertainty. That was the message from Mario Draghi, the former Italian prime minister and president of the E.C.B., in a speech on Thursday at M.I.T.The economist, who once famously vowed to do “whatever it takes” to save the euro, has a bearish view of the future. He warned that industrialized economies face a “volatile cocktail” of persistent inflation, high budget deficits, high interest rates and low potential growth as central banks grapple with a climate crisis, the reshoring of supply chains and the impact of Russia’s war in Ukraine.Crypto’s protagonists lay out their casesRegulators and crypto executives are making their cases in the court of public opinion after the S.E.C. sued Binance and Coinbase, two of the sector’s biggest exchanges, this week in an intensifying crackdown on the industry.“We’ve seen this story before,” the S.E.C. chairman Gary Gensler said on Thursday at a fintech conference, likening widespread noncompliance in crypto to the era of “hucksters” and fraud a century ago. He rejected claims that digital asset businesses cannot comply with the existing rules or do not realize that they apply: “When crypto asset market participants go on Twitter or TV and say they lacked ‘fair notice’ that their conduct could be illegal, don’t believe it.”Coinbase’s boss says that new regulations are needed. Its C.E.O., Brian Armstrong, addressed the event on Wednesday, saying the rules are opaque and need to be updated. The S.E.C. case is certainly a drag on his company: Moody’s, the ratings agency, downgraded Coinbase on Thursday to negative from stable because of the charges.Binance is regrouping. The company’s American division said on Thursday that it would no longer allow customers to trade in U.S. dollars, after banks stopped working with it. At the same time, the S.E.C. says it is trying to find “alternative means” to serve legal papers to Binance and Changpeng Zhao, the company’s C.E.O., telling a federal court that it was difficult to determine where he was.Who’s judging? The S.E.C.’s case against Coinbase in New York was assigned to District Judge Jennifer Rearden. Her nomination last year angered some Democratic lawmakers because she represented Chevron as a lawyer at Gibson, Dunn & Crutcher. She’s also handling the government’s appeal of the sale of the failed crypto broker Voyager to Binance’s U.S. arm and put the deal on hold in March. Judge Amy Berman Jackson of the Federal District Court for D.C. is presiding over the Binance case, and is best known for overseeing the criminal proceedings against two Mr. Trump advisers, Paul Manafort and Roger Stone. Next week, she will hold a hearing on an S.E.C. request to freeze Binance’s assets.“I did not comprehend that ChatGPT could fabricate cases.” — Steven Schwartz, a lawyer who has practiced in New York for 30 years. He told a federal judge that he regrets using the chatbot to write a legal brief that was found to be filled with fake judicial opinions and legal citations.Buzzphrase of the week: “spatial computing” Apple unveiled its first headset for augmented/virtual/mixed reality this week, but none of those words appears in a nine-minute video on its website about the $3,500 Vision Pro goggles. Instead, the company preferred a more obscure term: “spatial computing.”Apple is trying to put its own stamp on the category. When it comes to spatial computing, “no one knows what that is — and that provides Apple the opportunity to define it,” Marcus Collins, the author of “For the Culture: The Power Behind What We Buy, What We Do and Who We Want to Be,” told DealBook.Apple has successfully done this in the past. Before the App Store, people didn’t talk about apps; they talked about “software programs.”And the iPhone and AirPods were neither the first mobile phone nor the first earbuds, but they became runaway hits (despite being priced at a premium to the competition). Jim Posner, a communications consultant who has led teams at Twitter and Google, said that the intended audience may be investors and the media rather than consumers. “They are pitching a product to people,” he said. “For the tech press, industry analysts and investors, they’re pitching a concept.”Elsewhere, Mark Zuckerberg gave his thoughts on Apple’s Vision Pro goggles. “I was really curious to see what they’d ship,” the Meta C.E.O. told employees on Thursday, “and it’s a good sign for our own development that they don’t have any magical solutions to the laws of physics that we haven’t already explored.”THE SPEED READ DealsThe agricultural commodities giant Bunge is said to be finalizing a deal to buy Viterra, a grain trader, that could value the combined firm at $30 billion. (Reuters)UBS has secured a government backstop for losses tied to its takeover of Credit Suisse, clearing the last hurdle for combining Switzerland’s top two banks. (FT)Permira is reportedly weighing a sale or public listing for Golden Goose, a footwear brand favored by Taylor Swift, at a $2.7 billion valuation. (Bloomberg)PolicyLouisiana passed a bill that would block online services — including Instagram, TikTok and Fortnite — for children under 18 without their parents’ permission. (NYT)The Supreme Court unanimously ruled against a dog-toy maker whose product closely resembles a bottle of Jack Daniels whiskey. (NYT)Best of the restSam Altman of OpenAI, Bob Iger of Disney, Jay Monahan of the PGA Tour, Rupert Murdoch of Fox and Sundar Pichai of Alphabet are all on the guest list for this year’s Allen & Company gathering in Sun Valley, Idaho. (Variety)How Taylor Swift is a godsend for Chicago’s hotel industry. (Bloomberg)“What All the Single Ladies (and Men) Say About the Economy” (NYT)We’d like your feedback! Please email thoughts and suggestions to dealbook@nytimes.com. More

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      Así fue la audiencia en la que se formularon los cargos contra Trump

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      Estos son algunos de los momentos más importantes de la comparecencia del expresidente ante la corte.NUEVA YORK — El expresidente Donald Trump se sentó en silencio en la sala del juzgado de Manhattan, el martes, mientras los fiscales formulaban las acusaciones en su contra. El procedimiento fue su primera experiencia como acusado penal.Una transcripción de 32 páginas de la audiencia solo ofrece un indicio de las consecuencias dramáticas de la comparecencia y el largo proceso legal que se avecina. Es uno de los procesos judiciales más esperados del mundo. Y, sin embargo, solo lo vieron de primera mano las pocas decenas de personas que estuvieron presentes en la sala donde se dieron a conocer los delitos que se le imputan a Trump.A continuación, presentamos algunos de los momentos más importantes de la audiencia:La audiencia comienza y Trump hace su declaraciónEL TRIBUNAL: Vamos a instruir al señor Trump.EL SECRETARIO DEL JUZGADO: Donald J. Trump, el Gran Jurado del condado de Nueva York ha presentado la acusación formal 71543 del año 2023 en la que se le imputan los delitos de 34 cargos de falsificación de registros empresariales en primer grado. ¿Cómo se declara ante esta acusación formal: culpable o no culpable?TRUMP: No culpable.En la sala del tribunal, las persianas estaban cerradas cuando Trump entró cerca de las 02:30 p. m., con un traje azul marino, corbata roja y un semblante inexpresivo. Estuvo flanqueado por agentes judiciales armados, mientras caminaba por el pasillo hacia el frente. Se autorizó a los fotógrafos para que entraran al palco del jurado para tomarle una foto, y él giró la cabeza y miró fijamente a las cámaras hasta que los fotógrafos tuvieron que marcharse.La comparecencia de Trump no comenzó de inmediato. Se vio obligado a esperar unos 10 minutos, sentado en silencio en la mesa de la defensa, mientras un abogado que representaba a organizaciones de medios de comunicación pedía que se concediera a los periodistas más acceso al procedimiento. El exmandatario hizo una mueca de burla cuando ese abogado afirmó que se podía confiar en los periodistas profesionales.Cuando el abogado terminó de hablar, el juez Juan Merchan, quien en la transcripción es identificado como “El tribunal”, pidió que Trump compareciera. Al expresidente se le leyeron los cargos que se le imputaban: 34 delitos graves de falsificación de registros empresariales. En la silenciosa sala, Trump se inclinó hacia delante y, hablando por el micrófono de la mesa de la defensa, dijo que era no culpable.Un fiscal presenta el casoSR. CONROY: El acusado, Donald J. Trump, falsificó registros empresariales de Nueva York con el fin de ocultar una asociación delictiva para socavar la integridad de las elecciones presidenciales de 2016 y otras violaciones a las leyes electorales.Chris Conroy, fiscal de la oficina del fiscal del distrito de Manhattan, se levantó y comenzó a detallar los cargos. Se derivan del pago de una suma de dinero para silenciar a una actriz porno, Stormy Daniels, que Michael Cohen, quien era un colaborador de Trump, pagó en el periodo previo a las elecciones de 2016. Trump reembolsó el dinero a Cohen después de ser elegido. Los fiscales acusan al exmandatario de orquestar la creación de registros empresariales falsos relacionados con los reembolsos.La falsificación de registros empresariales solo es un delito grave en el estado de Nueva York cuando se comete con la intención de “cometer u ocultar” otro delito. Al decir que Trump había falsificado registros “para ocultar una asociación delictiva”, Conroy ofreció un posible avance del caso más amplio de la fiscalía contra Trump.Los miembros del equipo de la defensa recibieron copias de la acusación. Trump le entregó una copia a uno de sus abogados, Joseph Tacopina. El exmandatario fue la única persona en la mesa de la defensa que no aceptó una copia.Las recientes publicaciones de Trump en las redes sociales se incorporan al expedienteUn momento extraordinario sucedió cuando Conroy comenzó a referirse a las publicaciones recientes que Trump ha hecho en las redes sociales. El expresidente prometió que en caso de que lo acusaran habría “muerte y destrucción” y publicó lenguaje racista e imágenes amenazantes dirigidas contra el fiscal de distrito Alvin Bragg.SR. CONROY: Nos preocupa mucho el peligro potencial que este tipo de retórica supone para nuestra ciudad, para los posibles jurados y testigos, así como para el proceso judicial.A continuación, Conroy repartió copias impresas de los mensajes de Trump al juez y al equipo de la defensa. El expresidente le dio su copia a Tacopina, pero un minuto después se la pidió de vuelta, haciéndole señas con la mano derecha. Otro de sus abogados, Todd Blanche, se opuso enérgicamente a los comentarios de Conroy sobre las publicaciones en las redes sociales.SR. BLANCHE: Es cierto que el expresidente Trump ha respondido y que lo ha hecho con contundencia. Es cierto que, como parte de esa respuesta, está absolutamente frustrado, molesto y cree que su presencia en esta sala del tribunal es una grave injusticia.Blanche afirmó que Trump “tiene derechos y se le permite pronunciarse públicamente”.Eso pareció incitar a Merchan, quien habló con calma y seriedad, cuando respondió que no tenía la intención inmediata de imponerle una “orden de mordaza” a Trump, en contra de las preocupaciones expresadas recientemente por el equipo jurídico del expresidente. Los fiscales no han solicitado una orden de mordaza.EL TRIBUNAL: Ciertamente, el tribunal no impondría una orden de mordaza en este momento aunque se solicitara. Esas restricciones son las más serias y menos intolerables sobre los derechos de la Primera Enmienda. Eso aplica por partida doble al señor Trump, porque es candidato a la presidencia de Estados Unidos. Así que es evidente que esos derechos de la Primera Enmienda tienen una importancia crítica.Pero Merchan, quien es juez de la Corte Suprema estatal desde 2009, le advirtió a la defensa que hablara con Trump “y cualquier otra persona con la que sea necesario y les recuerden que, por favor, se abstengan de hacer declaraciones que puedan incitar a la violencia o a los disturbios civiles”.La fiscalía detalla las posibles restricciones a TrumpSRA. MCCAW: El acusado no puede proporcionar los materiales que recibe a través del proceso de presentación de pruebas a terceros, lo que incluye a la prensa, y no puede publicarlos en las redes sociales.Mientras Trump seguía sentado en silencio, Catherine McCaw, otra fiscal, le dijo al juez que su equipo estaba trabajando con los abogados de Trump para redactar una orden de protección, un documento que le pondría ciertas restricciones al exmandatario.La fiscal explicó que una de esas restricciones le prohibiría al expresidente publicar material específico del caso en las redes sociales o compartirlo con los reporteros. Si Trump viola alguna de las restricciones establecidas, Merchan decidiría si lo sanciona y cómo hacerlo.Trump vuelve a hablarA medida que se desarrollaba su audiencia de instrucción, Trump se mostraba cada vez más inquieto. Entrelazaba y desentrelazaba los dedos una y otra vez. Cruzaba y descruzaba los brazos. Golpeó la mesa con los nudillos. En una ocasión, infló las mejillas en un suspiro impaciente.Por último, más de media hora después de que hizo su declaración de inocencia, habló de nuevo —tras la indicación de sus abogados—, pero solo para responderle al juez cuando informó sobre su derecho a estar presente en el proceso y de las formas en que podía perder ese derecho.EL TRIBUNAL: Si perturba hasta tal punto que afecte a mi capacidad para presidir este caso y mi capacidad para garantizar que el caso se juzgue de la manera que debe juzgarse para ambas partes, tengo la autoridad para sacarlo de la sala y continuar en su ausencia, ¿comprende?ACUSADO SR. TRUMP: Sí, comprendo.El juez solicita la presencia de TrumpEL TRIBUNAL: Espero que todos los demás acusados comparezcan ante el tribunal, incluso los acusados de alto perfil.Teniendo en cuenta que Trump estaba acusado de delitos no violentos, los fiscales tenían prohibido siquiera solicitar su encarcelamiento. Mientras Merchan se preparaba para dejar ir al expresidente, Blanche insinuó que Trump podría no comparecer a su próxima cita con el tribunal, prevista para el 4 de diciembre. Cuando se le preguntó por su razonamiento, Blanche citó “el increíble gasto y esfuerzo y los problemas de seguridad” que conllevó la comparecencia.El juez reconoció que había sido una empresa enorme para todos los implicados. Pero señaló que faltaba “bastante para diciembre”. Por último, señaló que “en aras de la transparencia y para garantizar la imparcialidad de las normas jurídicas”, iba a discrepar de Blanche. La implicación: en la medida de lo posible, el juez pretende tratar a Trump como a cualquier otro acusado.Cuando se levantó la sesión alrededor de las 03:25 p. m., Trump fue la persona de la mesa de la defensa que se levantó con más lentitud. Se alisó las solapas de la chaqueta de su traje azul, ordenó un montón de papeles que había frente a él y salió de la sala.Embed Only More

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      What It Was Like Inside the Courtroom During Trump’s Arraignment

      by

      Here are some of the most important moments from the hearing where criminal charges against Donald Trump were unveiled.Former President Donald J. Trump sat quietly in a Manhattan courtroom on Tuesday as prosecutors described the accusations against him. The proceeding marked his first experience as a criminal defendant.A 32-page transcript of the hearing offers only a hint of the dramatic implications of the arraignment and the lengthy legal process to come. It was one of the most-anticipated court proceedings in the world. And yet, it was seen firsthand only by the few dozen people who were present in the courtroom where the charges against Mr. Trump were unveiled.Here are some of the most important moments from the arraignment:The hearing begins, and Mr. Trump pleads.THE COURT: Let’s arraign Mr. Trump.THE CLERK: Donald J. Trump, the grand jury of New York County has filed indictment 71543 of 2023 charging you with the crimes of 34 counts of falsifying business records in the first degree.How do you plead to this indictment, guilty or not guilty?DEFENDANT MR. TRUMP: Not guilty.The shades were down in the courtroom when Mr. Trump entered around 2:30 p.m., wearing a navy suit, a red tie and a blank expression. Armed court officers flanked him on both sides as he walked down the aisle toward the front. Photographers were briefly allowed to enter the jury box to take his picture, and he turned and stared at the cameras until their operators were made to leave.Mr. Trump’s arraignment did not begin immediately after he came in. He was compelled to wait about 10 minutes, seated silently at the defense table, as a lawyer representing media organizations requested that journalists be granted more access to the proceeding. Mr. Trump visibly scoffed when that lawyer asserted that professional journalists could be trusted.When that lawyer was finished speaking, the judge, Juan M. Merchan, referred to in the transcript as “The Court,” called for Mr. Trump to be arraigned. The former president was read the charges against him — 34 felony counts of falsifying business records. In the hushed courtroom, Mr. Trump leaned forward and, speaking into the microphone at the defense table, said that he was not guilty.A prosecutor previews the case.MR. CONROY: The defendant, Donald J. Trump, falsified New York business records in order to conceal an illegal conspiracy to undermine the integrity of the 2016 presidential election and other violations of election laws.Chris Conroy, a prosecutor with the Manhattan district attorney’s office, then stood up and began to detail the charges. They stem from a hush-money payment that Mr. Trump’s former fixer, Michael D. Cohen, paid to a porn star, Stormy Daniels, in the run-up to the 2016 election. Mr. Trump reimbursed Mr. Cohen after he was elected. Prosecutors are accusing Mr. Trump of orchestrating the creation of false business records related to the reimbursements.Falsifying business records is only a felony in New York State when it is committed with the intent to “commit or conceal” another crime. In saying that Mr. Trump had falsified records “to conceal an illegal conspiracy,” Mr. Conroy offered a potential preview of the office’s broader case against Mr. Trump.Members of the defense team were handed copies of the indictment. Mr. Trump passed a copy to one of his lawyers, Joseph Tacopina. The former president was the only person at the defense table not to accept a copy.Mr. Trump’s recent social media posts are entered into the record.An extraordinary moment came when Mr. Conroy began to reference Mr. Trump’s recent social media posts. The former president promised that “death and destruction” would follow were he to be charged and posted racist language and threatening images directed at the district attorney, Alvin L. Bragg.MR. CONROY: We have significant concern about the potential danger this kind of rhetoric poses to our city, to potential jurors and witnesses, and to the judicial process.Mr. Conroy then passed out printed copies of Mr. Trump’s posts to the judge and defense team. Mr. Trump passed his copy to Mr. Tacopina, but a minute later requested it back, beckoning with his right hand. Another of his lawyers, Todd Blanche, objected strongly to Mr. Conroy’s comments about the social media posts.MR. BLANCHE: It is true that President Trump has responded, and responded forcefully. It is true that as part of that response, he’s absolutely frustrated, upset, and believes that there is a grave injustice happening with him being in this courtroom today.Mr. Blanche asserted that Mr. Trump “ has rights, he’s allowed to speak publicly.”That appeared to prompt Justice Merchan, who spoke calmly and soberly, to respond that he had no immediate intention of placing a “gag order” on Mr. Trump, counter to concerns expressed recently by the former president’s legal team. Prosecutors have not requested a gag order.THE COURT: Certainly, the court would not impose a gag order at this time even if it were requested.Such restraints are the most serious and least intolerable on First Amendment rights. That does apply doubly to Mr. Trump, because he is a candidate for the presidency of the United States. So, those First Amendment rights are critically important, obviously.But Justice Merchan, a judge in the State Supreme Court since 2009, did warn the defense to speak to Mr. Trump “and anybody else you need to, and remind them to please refrain from making statements that are likely to incite violence or civil unrest.”The prosecution details potential constraints on Mr. Trump.MS. MCCAW: Defendant may not provide the materials he receives through the discovery process to any third party, including the press, and he may not post them to social media.As Mr. Trump continued to sit in silence, Catherine McCaw, another prosecutor, told the judge that her team was working with Mr. Trump’s lawyers to draft a protective order, a document that would place certain constraints on Mr. Trump.One of those constraints, she said, would bar the former president from posting certain case material on social media, or from sharing it with reporters. Were Mr. Trump to violate any constraints that are in place, Justice Merchan would decide whether and how to sanction him.Mr. Trump speaks again.As his arraignment went on, Mr. Trump increasingly fidgeted. He wove and unwove his fingers repeatedly. He crossed and uncrossed his arms. He knocked his knuckles on the hardwood table. Once, he puffed out his cheeks in a sigh.Finally, more than a half-hour after he entered his plea, he spoke again — after being prompted by his lawyers — but only to respond to Justice Merchan when the judge informed the former president about his right to be present at proceedings — and the ways that right could be forfeited.THE COURT: If you become disruptive to such a degree that it affects my ability to preside over this case and my ability to ensure that the case is treated the way it needs to be treated for both sides, I do have the authority to remove you from the courtroom and continue in your absence, do you understand that?DEFENDANT MR. TRUMP: I do.The judge requests Mr. Trump’s presence.THE COURT: I expect all other defendants to appear in court, even high-profile defendants.Given that Mr. Trump was charged with nonviolent crimes, prosecutors were barred from even requesting that he be put in jail. As Justice Merchan prepared to release the former president, Mr. Blanche suggested that Mr. Trump might not appear at his next court date, scheduled for Dec. 4. When asked for his reasoning, Mr. Blanche cited “the incredible expense and effort and security issues” that attended the arraignment.The judge acknowledged that it had been a huge undertaking for everyone involved. But he noted that December was “quite a ways out.” Finally, he noted that “in the interest of transparency and assuring the rules of law evenhandedly,” he was going to disagree with Mr. Blanche. The implication: As much as possible, the judge intends to treat Mr. Trump like any other defendant.When the arraignment adjourned around 3:25 p.m., Mr. Trump was the slowest person at the defense table to stand up. He smoothed the lapels of his blue suit jacket, neatened a stack of paper in front of him and walked out of the courtroom.Embed Only More

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      Trump’s Charges Bring Doubts, Hopes and Uncertainty in Both Parties

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      To some Republicans and Democrats, the charges appeared flimsy and less consequential than many had hoped. To others, the case had the potential to reverberate politically.In an ordinary presidential-primary season, the indictment of a front-runner over hush money paid to a porn star would, at the least, be an opening for rivals to attack. But a day after the arraignment of former President Donald J. Trump on 34 felony counts, one thing was clear: This will not be an ordinary political season.The failure of Mr. Trump’s rivals for the Republican nomination to go on offense — indeed, their willingness to defend him — underscored the centrality of the former president in the G.O.P. His opponents appeared to be using the same playbook that a crowded field of White House hopefuls ran in 2016, laying back, absorbing Mr. Trump’s blows and hoping external factors would take him down.“The sad thing is that so many people accept it as part of the character and conduct of the former president,” Asa Hutchinson, a former governor of Arkansas who on Sunday announced that he was running for the Republican presidential nomination, said of the charges. “That’s not something from a candidate perspective that I’m wanting to dwell on.”Still, the political landscape remains uncertain as Mr. Trump’s legal peril grows.To some Republican and Democratic leaders, including former and current elected officials, strategists and others, the charges appeared to be flimsy, a hodgepodge of bookkeeping accusations that felt far less consequential than many had hoped. To others in both parties, the charges and attendant spectacle were troubling and had the potential to reverberate and hurt the former president politically.Mr. Trump leaving Trump Tower on Tuesday on his way to his arraignment. His official and potential rivals for the 2024 presidential nomination have mostly defended him against the charges. Gregg Vigliotti for The New York TimesAt the very least, the charges will have to be answered in a court of law, extending a tawdry tale of extramarital affairs into a courtroom for a party that once considered itself the home of family values.Mr. Trump might rail against the Manhattan district attorney who is leading the prosecution, Alvin L. Bragg, and the judge who will preside, but the court proceedings and possibly a trial will unfold in a potentially damaging manner as a Republican race for the White House runs alongside them.“It’s still serious,” said former Representative Reid J. Ribble of Wisconsin, a Republican critic of Mr. Trump who has doubts about the case. “Who wants to be charged with any crime? Most normal Americans will never be charged with a misdemeanor their entire life. To be charged with 30 of them? I mean, it’s shocking, and for somebody who you want to have as a leader in the country, it’s a disqualifier for me.”Mr. Trump’s arraignment on charges that he falsified business records to cover up payments to the porn star, Stormy Daniels, certainly did make history. Mr. Trump is now the first former president to face criminal charges — and he does so amid his third run for the White House.But the moment did not yield a rush to abandon him by many voters or party leaders. On Friday, the day after the news of Mr. Trump’s indictment, Sarah Longwell, a Republican pollster and Trump critic, assembled a focus group of voters who had cast ballots for him in 2016 and 2020 to ask how the charges were affecting their next vote.Every one of the voters said they would cast a ballot again for the former president, the first unanimous verdict since she began assembling such groups for the 2024 election cycle.On Wednesday, former Representative Mike Rogers of Michigan, who is exploring a run for the Republican nomination, told a Fox News reporter in New Hampshire: “Sometimes we have to put all our politics aside and say, ‘Is this the right thing to do for the country?’ This sure doesn’t look right.”“The sad thing is that so many people accept it as part of the character and conduct of the former president,” former Gov. Asa Hutchinson of Arkansas, a Republican running for president, said of the nature of the charges against Mr. Trump. Win McNamee/Getty ImagesEven conservative evangelical leaders who might be expected to look askance at the extramarital dalliances contained in the allegations were supportive, continuing a pattern of overlooking Mr. Trump’s personal conduct that dates back most prominently to their response to the “Access Hollywood” tape in 2016. Ms. Daniels said she had sex with Mr. Trump in California in 2006, as his wife, Melania Trump, was home caring for their baby, Barron, in New York.“This has already been litigated by evangelicals in 2016 and 2020,” said the Rev. Robert Jeffress, the pastor of a Texas megachurch, who delivered an opening prayer at Mr. Trump’s campaign rally in Waco last month. “And I don’t think evangelicals want to re-litigate it.”.css-1v2n82w{max-width:600px;width:calc(100% – 40px);margin-top:20px;margin-bottom:25px;height:auto;margin-left:auto;margin-right:auto;font-family:nyt-franklin;color:var(–color-content-secondary,#363636);}@media only screen and (max-width:480px){.css-1v2n82w{margin-left:20px;margin-right:20px;}}@media only screen and (min-width:1024px){.css-1v2n82w{width:600px;}}.css-161d8zr{width:40px;margin-bottom:18px;text-align:left;margin-left:0;color:var(–color-content-primary,#121212);border:1px solid var(–color-content-primary,#121212);}@media only screen and (max-width:480px){.css-161d8zr{width:30px;margin-bottom:15px;}}.css-tjtq43{line-height:25px;}@media only screen and (max-width:480px){.css-tjtq43{line-height:24px;}}.css-x1k33h{font-family:nyt-cheltenham;font-size:19px;font-weight:700;line-height:25px;}.css-1hvpcve{font-size:17px;font-weight:300;line-height:25px;}.css-1hvpcve em{font-style:italic;}.css-1hvpcve strong{font-weight:bold;}.css-1hvpcve a{font-weight:500;color:var(–color-content-secondary,#363636);}.css-1c013uz{margin-top:18px;margin-bottom:22px;}@media only screen and (max-width:480px){.css-1c013uz{font-size:14px;margin-top:15px;margin-bottom:20px;}}.css-1c013uz a{color:var(–color-signal-editorial,#326891);-webkit-text-decoration:underline;text-decoration:underline;font-weight:500;font-size:16px;}@media only screen and (max-width:480px){.css-1c013uz a{font-size:13px;}}.css-1c013uz a:hover{-webkit-text-decoration:none;text-decoration:none;}How Times reporters cover politics. We rely on our journalists to be independent observers. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause.Learn more about our process.Asked whether he believed Mr. Trump’s denials about having a sexual encounter with Ms. Daniels, Mr. Jeffress said that was not his judgment to make: “That’s really between him, Stormy Daniels and God.”If anything, Mr. Trump’s rivals now see a moment of peak power for him that they hope will dissipate.“Trump just got a big old shot in the arm with people who don’t like where we are and don’t trust the government,” said Katon Dawson, a former chairman of the South Carolina Republican Party who this year helped start the presidential campaign of Nikki Haley, Mr. Trump’s former ambassador to the United Nations. “They are frightened of the unfairness that seems to be coming from the judiciary right now.”Gov. Ron DeSantis of Florida, who is widely expected to be Mr. Trump’s biggest threat for the Republican presidential nomination, was silent on the subject on Wednesday, though he did win the endorsement of a conservative House Republican, Thomas Massie of Kentucky. Mr. Massie said in a text message that he had planned to make the endorsement “without regard to the arraignment, and decided not to let Alvin Bragg get in the way.”Ms. Haley, a former South Carolina governor who was the second major candidate to declare for the Republican nomination, also kept her head down. Mr. Dawson said Ms. Haley and others would bring up the charges at some point, but not at a moment when conservative voters were rallying around the former president.“There’s going to be a contest with real players eventually,” Mr. Dawson said. “Certainly, it’s Trump’s to lose right now.”The worry, even among some Trump skeptics in the G.O.P., was that charges brought by a grand jury in Manhattan would only inflame the distrust of voters, some of whom had been drifting away from the former president. Others questioned the ultimate political impact in the primary and noted that Mr. Trump could face more serious legal troubles to come — but said that for now, the moment gave his message to Republicans a new opening.“It feeds into Donald Trump’s whole theme that the Democrats are out to get him at any cost, and will stretch any law and come up with any novel legal theory to do so,” said Whit Ayres, a veteran Republican pollster. He added, “It plays right into his hands.”Democrats expressed frustration bordering on contempt.David Pepper, the former chairman of the Ohio Democratic Party, said the charges against Mr. Trump might not have been as sweeping as some of the other cases still pending against the former president. But Mr. Pepper argued that any other candidate or political figure who was accused of engaging in the same activities would be under the same microscope.“Is it as problematic as Jan. 6 or what happened at Mar-a-Lago? No,” Mr. Pepper said, referring to federal investigations into Mr. Trump’s efforts to overturn the 2020 election and his handling of classified documents. “But that doesn’t mean you don’t investigate it.”Supporters gathered on Tuesday at the top of the bridge that leads to Mar-a-Lago, Mr. Trump’s resort in Florida, and waited for his remarks after returning from New York. Hilary Swift for The New York TimesOther Democrats were sharper in their criticism.“I won’t use the word ‘criminal’ until after he’s convicted, but he’s a morally bankrupt liar, and he’s been that for a while,” State Senator Sharif Street, the chairman of the Pennsylvania Democratic Party, said of Mr. Trump.But other Democrats echoed Republicans who said the Stormy Daniels episode seemed stale after so many years, and trivial compared with more pressing kitchen-table issues. And some expressed skepticism that the charges unveiled Tuesday would change many minds.“It would be wonderful if those that worship Trump started to understand how much of a bad president he was and how much of a bad person he is,” said Raymond Buckley, the longtime chairman of the New Hampshire Democratic Party. “I’m not betting on that.”Representative Mark Pocan, Democrat of Wisconsin, suggested that the events in Manhattan were not top of mind for his constituents.“Hopefully we’re talking about actual issues and the future of the country and things kind of at that level rather than worrying about” court proceedings, Mr. Pocan said. “I don’t think that’s probably what the average person is going to be talking about. But it certainly gives them an idea of who Donald Trump is as a person and as a candidate.”Mr. Trump’s critics within the G.O.P. said his Republican rivals were again hoping that outside factors would trip him up without their having to raise a word of protest and risk alienating his core supporters. There is no more reason to believe that will work this time around, said Ms. Longwell, the Republican pollster.A spate of polling released Wednesday showed a one-on-one contest between Mr. Trump and President Biden at a dead heat. A Reuters/Ipsos survey found that 54 percent of Republicans believed the indictment would help Mr. Trump secure the presidency, even as 58 percent of Republicans said the charges that the former president paid hush money to cover up an affair were believable.“The concern is that Trump will get all the oxygen, which allows him to be the nominee,” Ms. Longwell said. More