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      Trump’s Indictment and What’s Next

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      The fallout will be widespread, with ramifications for the 2024 presidential race, policymaking and more.Donald Trump is likely to turn himself in on Tuesday.Christopher Lee for The New York TimesWhat you need to know about Trump’s indictment A Manhattan grand jury has indicted Donald Trump over his role in paying hush money to a porn star, making him the first former president to face criminal charges. It’s a pivotal moment in U.S. politics — there was an audible on-air gasp when Fox News anchors reported the news on Thursday — with ramifications for the 2024 presidential race, policymaking and more.Here are the most important things to note so far.Mr. Trump is likely to turn himself in on Tuesday, which will see the former president be fingerprinted and photographed in a New York State courthouse. (Prosecutors for the Manhattan district attorney, Alvin Bragg, wanted Trump to surrender on Friday, but were rebuffed by the former president’s lawyers, according to Politico.) Afterward, Mr. Trump would be arraigned and would finally learn the charges against him and be given the chance to enter a plea. The former president has consistently denied all wrongdoing.Mr. Trump and his advisers, who were at his Mar-a-Lago resort in Florida on Thursday, were caught off guard by the announcement, believing some news reports that suggested an indictment wouldn’t come for weeks. The former president blasted the news, describing it in all-caps as “an attack on our country the likes of which has never been seen before” on Truth Social, the social network he founded.The case revolves in part around the Trump family business. Charges by the Manhattan district attorney arise from a five-year investigation into a $130,000 payment by the fixer Michael Cohen to the porn actress Stormy Daniels in 2016, before the presidential election that year.The Trump Organization reimbursed Mr. Cohen — but in internal documents, company executives falsely recorded the payment as a legal expense and invented a bogus legal retainer with Mr. Cohen to justify them. Falsifying business records is a crime in New York. But to make it a felony charge, prosecutors may tie the crime to a second one: violating election law.The fallout will be wide, and unpredictable. Democrats and Republicans alike used the news to underpin a flurry of fund-raising efforts. (Among them, of course, was Mr. Trump’s own presidential campaign.)It’s unclear how the indictment will affect the 2024 race. Mr. Trump, who can run for president despite facing criminal charges, is leading in early polls. Still, his potential opponents for the Republican nomination — including Gov. Ron DeSantis of Florida and Mike Pence, Mr. Trump’s former vice president — harshly criticized the move. House Republicans have also flocked to his defense, potentially increasing the chances of gridlock in Washington.But while the charges may give Mr. Trump a boost in the G.O.P. primary, they could also hurt his standing in the general election against President Biden.HERE’S WHAT’S HAPPENING European inflation remains stubbornly high. Consumer prices rose 6.9 percent on an annualized basis across the eurozone in March, below analysts’ forecasts. But core inflation accelerated, a sign that Europe’s cost-of-living crisis is not easing. In the U.S., investors will be watching for data on personal consumption expenditure inflation, set to be released at 8:30 a.m.A Swiss court convicts bankers of helping a Putin ally hide millions. Four officials from the Swiss office of Gazprombank were accused of failing to conduct due diligence on accounts opened by a concert cellist who has been nicknamed “Putin’s wallet.” The case was seen as a test of Switzerland’s willingness to discipline bankers for wrongdoing.More Gulf nations back Jared Kushner’s investment firm. Sovereign funds in the United Arab Emirates and Qatar have poured hundreds of millions into Affinity Partners, The Times reports. The revelation underscores efforts by Mr. Kushner, Donald Trump’s son-in-law, and others in the Trump orbit to profit from close ties they forged with Middle Eastern powers while in the White House.Lawyers for a woman accusing Leon Black of rape ask to quit the case. A lawyer from the Wigdor firm, who had been representing Guzel Ganieva, told a court on Thursday that the attorney-client relationship had broken down and that Ms. Ganieva wanted to represent herself. It’s the latest twist in the lawsuit by Ms. Ganieva, who has said she had an affair with the private equity mogul that turned abusive; Black has denied wrongdoing.Richard Branson’s satellite-launching company is halting operations. Virgin Orbit said that it failed to raise much-needed capital, and would cease business for now and lay off nearly all of its roughly 660 employees. It signals the potential end of the company after it suffered a failed rocket launch in January.A brutal quarter for dealmaking Bankers and lawyers began the year with modest expectations for M.&A. Rising interest rates, concerns about the economy and costly financing had undercut what had been a booming market for deals.But the first three months of 2023 proved to be even more difficult than most would have guessed, as the volume of transactions fell to its lowest level in a decade.About 11,366 deals worth $550.5 billion were announced in the quarter, according to data from Refinitiv. That’s a 22 percent drop in the number of transactions — and a 45 percent plunge by value. That’s bad news for bankers who had been hoping for any improvement from a dismal second half of 2022. (They’ve already had to grapple with another bit of bad news: Wall Street bonuses were down 26 percent last year, according to New York State’s comptroller.)The outlook for improvement isn’t clear. While the Nasdaq is climbing, there’s enough uncertainty and volatility in the market — particularly given concerns around banks — to deter many would-be acquirers from doing risky deals. Then again, three months ago some dealmakers told DealBook that they expected their business to pick up in the middle of 2023.Here’s how the league tables look: JPMorgan Chase, Goldman Sachs and the boutique Centerview Partners led investment banks, with a combined 58 percent of the market. And Sullivan & Cromwell, Wachtell Lipton and Goodwin Procter were the big winners among law firms, with 46 percent market share.Biden wants new rules for lenders The Biden administration on Thursday called on regulators to toughen oversight of America’s midsize banks in the wake of the crisis triggered by the collapse of Silicon Valley Bank, as policymakers shift from containing the turmoil to figuring out how to prevent it from happening again.Much of the focus was on reviving measures included in the Dodd-Frank law passed in the aftermath of the 2008 financial crisis. These include reapplying stress tests and capital requirements used for the nation’s systemically important banks to midsize lenders, after they were rolled back in 2018 during the Trump administration.Here are the new rules the White House wants to see imposed:Tougher capital requirements and oversight of lenders. At the top of the list is the reinstatement of liquidity requirements (and stress tests on that liquidity) for lenders with $100 billion to $250 billion in assets like SVB and Signature Bank, which also collapsed.Plans for managing a bank failure and annual capital stress tests. The administration sees the need for more rigorous capital-testing measures designed to see if banks “can withstand high interest rates and other stresses.”It appears the White House will go it alone on these proposals. “There’s no need for congressional action in order to authorize the agencies to take any of these steps,” an administration official told journalists.Lobbyists are already pushing back, saying more oversight would drive up costs and hurt the economy. “It would be unfortunate if the response to bad management and delinquent supervision at SVB were additional regulation on all banks,” Greg Baer, the president and C.E.O. of the Bank Policy Institute, said in a statement.Elsewhere in banking:In the hours after Silicon Valley Bank’s failure on March 10, Jamie Dimon, C.E.O. of JPMorgan Chase, expressed his reluctance to get involved in another banking rescue effort. Dimon changed his position four days later as he and Janet Yellen, the Treasury secretary, spearheaded a plan for the country’s biggest banks to inject $30 billion in deposits into smaller ailing ones. “If my government asks me to help, I’ll help,” Mr. Dimon, 67, told The Times.“We are definitely working with technology which is going to be incredibly beneficial, but clearly has the potential to cause harm in a deep way.” — Sundar Pichai, C.E.O. of Google, on the need for the tech industry to responsibly develop artificial intelligence tools, like chatbots, before rolling them out commercially.Carl Icahn and Jesus Illumina, the DNA sequencing company, stepped up its fight with the activist investor Carl Icahn on Thursday, pushing back against his efforts to secure three board seats and force it to spin off Grail, a maker of cancer-detection tests that it bought for $8 billion. But it is a reference to Jesus that the company says he made that is garnering much attention.The company said that it had nearly reached a settlement with Mr. Icahn before their fight went public, in a preliminary proxy statement. It added that he had no plan for the company beyond putting his nominees on the board.But Illumina also said Mr. Icahn told its executives that he “would not even support Jesus Christ” as an independent candidate over one of his own nominees because “my guys answer to me.”Experts say Mr. Icahn’s comments could be used against him in future fights. Board members are supposed to act as stewards of a company, not agents for a single investor. “If any disputes along these lines arise for public companies where Icahn has nominees on the board, shareholders are going to use this as exhibit A for allegations that the directors followed Icahn rather than their own judgment,” said Ann Lipton, a professor of law at Tulane University.Mr. Icahn doesn’t seem to care. He said the comments were “taken out of context” and the company broke an agreement to keep negotiations private.“It was a very poor choice of words and he is usually much smarter than that,” said John Coffee, a corporate governance professor at Columbia Law School. “But he can always say that he was misinterpreted and recognizes that directors owe their duties to all the shareholders.”THE SPEED READ DealsBed Bath & Beyond ended a deal to take money from the hedge fund Hudson Bay Capital after reporting another quarter of declining sales, and will instead try to raise $300 million by selling new stock. (WSJ)Apollo Global Management reportedly plans to bid nearly $2.8 billion for the aerospace parts maker Arconic. (Bloomberg)Marshall, the maker of guitar amps favored by Jimi Hendrix and Eric Clapton, will sell itself to Zound, a Swedish speaker maker that it had partnered with. (The Verge)PolicyFinland cleared its last hurdle to joining NATO after Turkey approved its entry into the security alliance. (NYT)The F.T.C. is reportedly investigating America’s largest alcohol distributor over how wine and liquor are priced across the U.S. (Politico)“Lobbyists Begin Chipping Away at Biden’s $80 Billion I.R.S. Overhaul” (NYT)Best of the restNetflix revamped its film division, as the streaming giant prepares to make fewer movies to cut costs. (Bloomberg)“A.I., Brain Scans and Cameras: The Spread of Police Surveillance Tech” (NYT)A jury cleared Gwyneth Paltrow of fault in a 2016 ski crash and awarded her the $1 she had requested in damages. (NYT)“Do We Know How Many People Are Working From Home?” (NYT)We’d like your feedback! Please email thoughts and suggestions to dealbook@nytimes.com. More

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      Never Mind About Ron DeSantis

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      Bret Stephens: Hi, Gail. I guess we have to talk about Donald Trump’s potential indictment and arrest, right? But before we go there: You know how I told you that I’d vote for Ron DeSantis over Joe Biden?Well, never mind.Gail Collins: Bret! You’re gonna vote for our big-spending president? Student-loan forgiver? Tax-the-richer?Bret: I’m still holding out faint hope that Nikki Haley or Tim Scott or my friend Vivek Ramaswamy or some other sound and sane Republican long shot somehow gets the nomination.Gail: Happy to gear up for that fight.Bret: But for DeSantis to call Russia’s invasion of Ukraine a “territorial dispute” in which the United States does not have a “vital interest” tells me that he’s totally unfit to be president. He’s pandering to the Tucker Carlson crowd.Gail: The Terrible Tuckerites …Bret: He is parroting Kremlin propaganda. He’s undermining NATO. He’s endangering America by emboldening other dictators with “territorial disputes,” starting with China’s Xi Jinping. He’s betraying the heroism and sacrifice of the Ukrainian people. He’s turning himself into a kind of Diet Pepsi to Trump’s Diet Coke. He’s showing he’s just another George Costanza Republican, whose idea of taking a foreign-policy stand is to “do the opposite” of whatever the Democrats do.Gail: Wow, can’t believe I’ve found someone who thinks less of DeSantis than I do.Bret: So, about Donald: to indict and arrest or not to indict and arrest? That’s the question. Where do you come down?Gail: No real doubts on the guilt front, and I’m pretty confident we’ll eventually see an indictment. The question is — what then? I’m hoping for a procedure in which he has to appear in public to answer the charges but doesn’t get treated in any way that’ll cause any not-totally-crazy supporters to gather for a riot.Bret: True, though why do I get the sense that Trump is practically jumping for joy? I mean, the first indictment of a former American president is going to be over what is typically a misdemeanor? I yield to nobody in my disgust with the guy, but so far, this sounds like prosecutorial abuse and political malpractice. Democrats will live to regret it.But to go from the horrifying to the truly horrifying: How goes your banking crisis?Gail: Bret, would definitely appreciate this not being “my” banking crisis.Bret: Give the crisis about six months. Or six weeks. Or maybe six days. It’ll be all of ours. Suggest you buy inflation-proof assets, like a rare instrument or 50-year-old scotch.Gail: Or some great old wine! Although in my house it’d never outlast the bank bust.As to a response, I’m in Bidenesque territory — the government does what it has to do to stabilize the situation, including covering the deposits in delinquent institutions like Silicon Valley Bank. But the only people who get rescued are the depositors.Bret: The big mistake of the administration was to bail out all the depositors, including a lot of very rich people who ought to have known better, instead of sticking to the F.D.I.C. limit of $250,000. Now the Feds have bailed out a bunch of rich, foolish and undeserving Silicon Valley dipsticks while creating an implicit, and systemically dangerous, guarantee for all depositors at all banks.Gail: I don’t love the idea of helping out $250,000-plus depositors, even over the short term, but this is not a good moment to destabilize the whole economy.Over the long term, however, those banks, their managers and big stockholders are going to have to be held accountable. Also Congress, which watered down regulations on midsize banks a few years back.Bret: Hard to tell whether the real issue was inadequate regulation, a badly run bank or — my guess — far deeper problems in the economy. Turns out Silicon Valley Bank didn’t even have a full-time chief risk officer for much of last year.Gail: You will notice I haven’t mentioned the Federal Reserve. Saving that for you …Bret: The Fed now has two bad problems, both of them largely of its own making. The first is inflation, which remains stubbornly high and was brought on in part because interest rates were too low for way too long. The second is an economy, particularly the banking sector, that seems to be seriously ill prepared for an era of higher rates. A classic Scylla and Charybdis situation, through which Jay Powell is somehow supposed to steer us. My advice to Powell — other than to tie himself to the mast — is to continue to raise rates, even if it means recession, and call for fiscal relief in the form of tax breaks for businesses ….Gail: Stopstopstop. Bret, Congress has to get a budget passed somehow, and the Republican plan is so nutty that even some Republicans don’t buy it. You’re suggesting that we cut taxes for businesses that are already making handsome profits.Bret: Businesses may be looking forward to a steep recession and much steeper borrowing costs. It’s a recipe for collapsing revenues and mass layoffs for businesses large and small. Better for the government to lighten the load for employers, even if it means piling on additional federal debt. In fact, it could be a good way to solve the debt-ceiling question.Gail: The people who are demanding this kind of bonanza for the rich are the same ones who are violently opposed to giving the deeply underfunded I.R.S. any new money. What could be worse than efficiently monitoring tax compliance?Bret: We’re both in favor of giving the I.R.S. the funding it needs to answer taxpayer phone calls. But if the economy is about to fall off a cliff, I don’t think the answer is to make sure the taxman is at the bottom of it, picking the pockets of the dead and wounded. Gail, this topic is … getting me down. You wrote a column last week saying that Kamala Harris is definitely staying on Joe Biden’s ticket. That gets me down, too, but please explain further.Gail: Well, we both agreed for quite a while that if Biden ran again, he should pick a different veep.Bret: Like Gina Raimondo, the commerce secretary, or Michelle Lujan Grisham, the governor of New Mexico, or Danielle Allen, the brilliant Harvard political philosopher who has the added virtue of not being a politician.Gail: Yes, but then I gave it a long, hard thought — trying to imagine how that would work out. Tossing Harris off the ticket would be hugely disrespectful. There’s nothing she’s done that deserves that kind of insult.Bret: Did Nelson Rockefeller deserve it? Politics is politics.Gail: There are lots of terrific women in high places — governors and senators — who’d be terrific as vice president. But we aren’t starting from scratch. Harris has made some errors in her current job, but she’s done some good things, too. Just don’t think this rises to the occasion of Throw Her Out.Bret: To me, she’s Dan Quayle-level ridiculous — and George H.W. Bush would have been wise to toss Quayle from the ticket in 1992. You can bet that whoever the Republican nominee is next year will hammer away at Biden’s age and her shortcomings — like saying we have a secure border with Mexico or confusing North and South Korea — to very good political effect.Gail: Let’s go back to the president you … may be willing to vote to re-elect. He’s fighting hard to reduce federal student debt payments for low- and moderate-income people. I remember your not loving this idea in the past. Any change of heart?Bret: Nope. The problem we have with the banks stems from what economists call moral hazard — basically, encouraging risky behavior. Pardoning student debt is another form of moral hazard: It encourages people to take out loans unwisely in the expectation that they might one day be forgiven. If we are forgiving college loans now, why not forgive mortgages next? Also, it’s an unconstitutional usurpation of Congress’s legislative prerogatives. Democrats objected when Trump steered Defense Department money to building the border wall without congressional authorization; Democrats shouldn’t further establish a bad precedent.Assuming you see it otherwise.Gail: Yeah. A lot of these people have been making loan payments for decades without making much progress in erasing the actual debt. None of them are rich, and a lot are struggling endlessly.I can understand the resentment from folks who made a great effort and did pay off their loans. But we’re talking, in general, about people who were given the impression that borrowing large amounts of money to get a no-frills degree was a great investment that always paid off.Bret: If the government is expected to backstop everybody’s bad or dumb decisions, the country would bankrupt itself in a week. Part of living in a free society is being responsible for your choices, including your mistakes.Gail: I’m looking at this as a one-time shot that’s worth taking. But I have to admit I don’t love the idea of Biden acting without congressional authorization. Even though he wouldn’t have gotten it.Sigh.Bret: Never mind Congress — I can’t see this getting past the Supreme Court, so what we’re really talking about is another phony campaign promise.Gail: Well, I guess it’s a case of what ought to be versus what can be. But I still think there should be loan forgiveness for those who’ve spent half their lives trying to pay off a debt they were generally too young and uninformed to realize they should avoid.Really, Bret, who wants to perpetually punish people who fell for the siren call of “borrow money for your education”?Bret: In the meantime, Gail, we have Wyoming outlawing abortion pills. We’ll need to devote more time to the subject soon, but all I’ll say for now is: When the world goes to hell, it has a way of getting there fast.Gail: I’ve been thinking about Wyoming so much, Bret. Let’s go at it in depth next week. But if you hear that I was caught growling in public, you’ll know why.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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      Your Wednesday Briefing: A Downed U.S. Drone

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      Also, U.S. markets seem to stabilize and Xi Jinping tightens his control over China’s economy.The U.S. aircraft was an MQ-9 surveillance drone.Fabrizio Villa/Getty ImagesA downed droneA Russian fighter jet struck a U.S. surveillance drone over the Black Sea, U.S. officials said, hitting its propeller and causing its loss in international waters. Russia denied that there had been a collision, saying the drone’s own maneuvers caused it to crash.If a collision is confirmed, it would be the first known physical contact between the two nations’ militaries as a result of the war in Ukraine.U.S. officials said the drone’s operators brought the craft down in the Black Sea after the collision, which the U.S. military said was the result of “reckless” actions by Russian pilots. The U.S. aircraft was conducting “routine operations in international airspace,” an Air Force general said.A White House spokesman said that there had been similar “intercepts” by Russian aircraft in recent weeks, calling them “not an uncommon occurrence,” but that this was the first to result “in the splashing of one of our drones.” He called the behavior of the Russians “unsafe and unprofessional.” Context: Russia’s invasion has turned the Black Sea, which is dominated by the Russian Navy, into a battle zone. Ukraine has attacked Russian naval vessels there, most notably in April, when a Ukrainian missile sank the Moskva, the flagship of Russia’s Black Sea fleet.Response: The State Department summoned Russia’s ambassador in Washington to receive the U.S.’s formal objection over the drone downing.Other updates:Russia pounded towns in the southern Kherson region, Ukrainian officials said, as Ukraine prepared for a counteroffensive.Russia said it would extend a deal allowing Ukraine to export grain, but only for 60 days rather than the 120 sought by Ukraine.Yevgeny Prigozhin, the founder of the Wagner private military company, said his force would recede after the battle for Bakhmut. The shift coincides with speculation about Prigozhin’s political ambitions.Stocks jumped a day after the turmoil.Justin Lane/EPA, via ShutterstockU.S. economy seems to stabilizeMarkets closed up yesterday, after investors seemed to shrug off the recent collapse of two midsize banks and the threat of a crisis appeared to wane. Fresh inflation data, largely in line with expectations, also added to the sense of relief.Stocks: The S&P 500 jumped 1.7 percent yesterday. Midsize banking stocks, which had plummeted on Monday, rebounded.Banks: The Justice Department opened an investigation into the collapse of Silicon Valley Bank, my colleagues report.Inflation: It eased to 6 percent on an annual basis, which matched an expected slowdown. But in February inflation rose over the prior month.Now, all eyes are on the Federal Reserve.Some of the inflation details were worrying, including the costs of housing and other goods and services. Generally, that would indicate that the Fed would keep raising rates in hopes of cooling down the economy.But higher interest rates raise costs for companies, and were at the root of the banking stress. Fewer or smaller rate increases could help stocks to rebound after the deep uncertainty set off by the banking crisis.In other business news: Meta will lay off another 10,000 people, roughly 13 percent of its workforce.Xi Jinping was elected to a third term as China’s president on Friday.Agence France-Presse — Getty ImagesXi reins in the economyXi Jinping is dealing with China’s economic problems the same way that he has approached issues for most of his decade in power: by getting the Communist Party more involved.At the annual gathering of China’s national legislature, which ended Monday, Xi introduced a series of sweeping changes to the regulatory framework that would allow the party to assert more direct control over financial policy and bank regulation.China’s economy, which is growing near its slowest pace in decades, is teetering from a real estate sector in crisis. Xi needs bankers to comply with his vision and allocate capital in the ways that China wants its money spent, without jeopardizing the financial system.Heads are already starting to roll. Last month, Tian Huiyu, the former head of one of China’s biggest commercial lenders, was charged with abuse of power and insider trading. And Bao Fan, a prominent investment banker, vanished.Challenges: The financial sector is struggling to respond to the shaky balance sheets of local governments — overrun with debt after paying for “zero Covid” policies — and banks that lend to them.Related: China will start issuing visas to foreign tourists again today, Reuters reports.Analysis: On “The Ezra Klein Show,” Dan Wang, an expert on U.S.-China competition, explores how China’s growth trajectory halted.THE LATEST NEWSAround the WorldThe three leaders described the naval partnership as a critical way to confront China. Haiyun Jiang/The New York TimesThe leaders of the U.S., Britain and Australia unveiled plans to develop a fleet of nuclear-powered submarines, part of an effort to counter China.Major protests are expected in France today before both houses of Parliament vote tomorrow on President Emmanuel Macron’s pension reform.The 2026 World Cup will have 48 teams, up from the current 32, and 24 more games.Other Big StoriesCyclone Freddy, a record-breaking storm, killed nearly 200 people in Malawi.A multibillion-dollar oil project led by French and Chinese companies in Uganda and Tanzania could threaten pristine habitats and Lake Victoria, a source of freshwater for 40 million people.In Antakya, a Turkish city hit hard by the earthquake, the damage is so profound that officials estimate that 80 percent of the remaining buildings will need to be demolished.A Morning Read Julio Sosa/The Daily PennsylvanianAmy Wax, a tenured law professor at the University of Pennsylvania, has said publicly that “on average, Blacks have lower cognitive ability than whites” and that the U.S. is “better off with fewer Asians.”The university is now grappling with a conundrum: Is she exercising her right to free speech, or should she be fired?Lives lived: Dr. Jiang Yanyong, who helped expose China’s SARS crisis in 2003, was celebrated as a hero, then punished for denouncing the Tiananmen Square crackdown. He died at 91.Masatoshi Ito introduced the American convenience store 7-Eleven to Japan, starting a retail revolution there. He died at 98.ARTS AND IDEASA new chatbotOpenAI unveiled an update to ChatGPT, its revolutionary chatbot, just four months after the program stunned the tech world with its ability to answer complex questions and mimic human emotions. The update, called GPT-4, ups the ante in the lucrative AI arms race.My colleagues tested GPT-4. It’s more precise, but it has a few of the old quirks.Developments: It can achieve impressive scores on standardized tests like the SAT, summarize complex news articles and wow doctors with its medical advice. It can answer questions about images; for example, if it’s given a photo of the inside of a fridge, it can suggest recipes based on what’s inside. Its jokes are almost funny.Challenges: GPT-4 still makes things up, a problem that researchers call “hallucination.” It can’t really talk about the future.“Though it’s an awfully good test taker,” my colleagues write, GPT-4 “is not on the verge of matching human intelligence.”Society: Chatbots are shifting the way we learn and work. But even the most impressive systems tend to complement, not replace, skilled workers. Morgan Stanley Wealth Management is building a system that will serve information from company documents to financial advisers.PLAY, WATCH, EATWhat to CookMelina Hammer for The New York TimesStart brining your homemade corned beef so it’s ready for St. Patrick’s Day this Friday.What to ReadIn “Y/N,” a bored young woman in thrall to a K-pop band buys a one-way ticket to Seoul.What to WatchIn “Punch,” by the New Zealand writer-director Welby Ings, a young boxer befriends a queer outcast and shifts his priorities.RelationshipsHow to make friends as an introvert.Now Time to PlayPlay the Mini Crossword, and a clue: Gossip (three letters).Here are the Wordle and the Spelling Bee.You can find all our puzzles here.That’s it for today’s briefing. See you next time. — AmeliaP.S. Paul Sonne, who has covered national security for The Washington Post and The Wall Street Journal, is our newest Russia correspondent.“The Daily” is on the Silicon Valley Bank collapse.Send us your feedback. You can reach us at briefing@nytimes.com. More

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      This Is Not How Pete Buttigieg Wanted to Visit Ohio

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      Gail Collins: Bret, Democratic strategists are worried about hanging on to support in the working class. The good news, from my perspective, is that it looks like the big problem is economic concerns, not cultural ones.Saying that’s good news because the Biden administration can respond to those worries by pointing to a ton of effort to create jobs and fight inflation.Guessing you may, um, disagree?Bret Stephens: In the immortal words of the “Airplane” sequel: “Just a tad.”The big problem for Democrats is that their economic message — that happy times are here again — isn’t landing in the places where they need to win, particularly factory towns where elections in states like Wisconsin or Ohio are sometimes decided. Inflation is still too high and probably means the Fed will continue to raise interest rates. Unemployment is low in part because so many people have dropped out of the labor force. Years of lax border control creates a perception that cheap immigrant labor will further undercut working-class wages. And a lot of the projects that President Biden’s spending bills are supposed to fund will take years to get off the ground because there’s rarely such a thing as a “shovel-ready” project.Gail: Yeah, gearing up for a big construction effort does take time. But people who’ve suffered with terrible transportation problems for years do know the shovels are coming. Like the bridge project over the Ohio River that Democrats in Cincinnati have joined hands with Mitch McConnell to celebrate.Bret: The other problem for Democrats is that if they aren’t winning the messaging battle when it comes to the economy, they are losing it badly when it comes to cultural issues. You and I often rue the collapse of the moderate wing of the G.O.P. that was occasionally willing to break with right-wing orthodoxies, but Democrats could also do more to embrace candidates who depart from progressive orthodoxies on issues like guns, immigration, school choice, trans issues and so on.Gail: “Depart from progressive orthodoxies” is a nice way of saying “embrace the bad.” I appreciate that it would be strategic for some purple-state Democrats to take moderate positions on guns, immigration, etc. But I’m not gonna be applauding somebody who, for instance, votes against an assault weapon ban.Bret: You’re reminding me of the story, probably apocryphal, of the supporter who told Adlai Stevenson, during one of his presidential runs in the 1950s, that “Every thinking person in America will be voting for you.”“I’m afraid that won’t do,” he supposedly replied. “I need a majority.”Gail: Let’s go back to infrastructure for a minute. Big story about that train wreck in Ohio. Do you agree with me that the whole thing is the fault of Republicans caving in to pressure from the rail industry to loosen regulations?Bret: Er, no. I read recently that there were more than 1,000 train derailments last year, which averages out to more than two a day, and that there’s been a 60 percent decline in railroad safety incidents since 1990. Accidents happen. When they do, they shouldn’t become a partisan issue.Gail: When major accidents happen in an industry that’s both necessarily regulated and greatly lobbied over, it should be a call for investigation.And while we’re on this subject, please let’s talk about our transportation secretary, Pete Buttigieg ….Bret: So, to illustrate my point, I’m not going to raise an accusing finger at him. Not even remotely his fault, even if Republicans are trying hard to pin him with the blame. Although, for someone with presidential aspirations, he didn’t exactly help himself by showing up a day after Donald Trump did.Gail: Sort of embarrassed that while I was trying to ponder rail regulation, my thoughts kept drifting off to Buttigieg the possible presidential candidate.He’s one of the guys we always mention when we talk about who might be nominated if Biden doesn’t go for a second term. But Buttigieg’s performance in Ohio was definitely not the work of a guy who knows how to run for that job.Steve McCurry/Magnum PhotosBret: Switching subjects again, we should talk about the legacy of President Jimmy Carter. I was a 7-year-old child living in Mexico City when he left office, so your recollections of him are much more valuable and interesting than mine.Gail: I distinctly remember bemoaning the energy shortage that left drivers waiting in long lines at the gas stations, but that’s hardly an insider’s story.Bret: Those lines put last year’s spike in gas prices in perspective.Gail: And every Democrat worried about Carter’s minimal talent for communication. He made a big TV appearance to promote energy conservation, wearing a sweater and sitting next to a fire, looking more silly than inspiring.Now, when I recall some of the stuff he did — environmental protection, promoting diversity, negotiating a peace agreement between Israel and Egypt — I appreciate him a lot more.Bret: Airline deregulation, too. Made air travel affordable to middle-class America for the first time. And he had the guts to nominate Paul Volcker to the Federal Reserve in 1979 to jack up interest rates and finally tame inflation, even though it would help cost him his presidency the next year.Gail: But the biggest thing he’s leaving us, Bret, is the story of his post-presidency. Campaigning endlessly for human rights, fair voting around the world and housing for the poor. Rather than holding press conferences to make his point, he’d swing a hammer with the crew at low-income housing construction sites.If high-ranking politicians see retirement from their top jobs as just a path to giving big-money speeches and writing the occasional memoir, they set a bad example for every older American. Carter showed how the later stages of life can actually be the richest and most rewarding.Bret: There’s a lot about Carter’s policy views that didn’t square with my own, and his persona sometimes struck me as … immodestly modest. But he was a unique figure in American political life, and he single-handedly disproved F. Scott Fitzgerald’s contention about there being no second acts in American lives.Gail: Not to mention third acts!Bret: He also showed how much more valuable a purpose- and values-driven life can be than one consumed by the culture of celebrity, wealth and pleasure — something that seriously tarnished the post-presidential legacy of a certain Southern Democrat who succeeded him, to say nothing of an even more saturnalian Republican president.Totally different topic, Gail, but I want to recommend our colleague Michelle Goldberg’s terrific column on the terrible mental-health effects of social media, particularly for teenagers. She mentions a proposal by Senator Josh Hawley of Missouri to totally ban social media for kids under 16. It’s one to which, as a father of three teenagers, I’m pretty sympathetic. Your thoughts?Gail: I read Michelle’s great piece and remembered how paranoid I was as a teenager when I thought two of my friends might be talking about me on the phone after school. Can’t imagine how I’d have felt if they had the capacity to do it as a group, while they were supposed to be studying after dinner. With a transcript available to the entire class later in the evening.Bret: Not only frequently abusive but also addictive. Someone once said that there are only two industries that speak of their customers as “users” — drug dealers and social-media companies.Gail: Just saying that kids can’t use social media sounds very attractive. But somehow I have my doubts it’ll work. Wonder if the more likely outcome might be a system the more sophisticated kids could use while the poorer, or less technologically cool ones, got sidelined.Am I being overly paranoid?Bret: No ban works perfectly. But if we were able to more or less end teenage cigarette smoking over the last 20 years, it shouldn’t be out of the question to try to do the same with social-media use. I can’t imagine that it’s beyond the technological reach of a company like Apple to write some code that stops social-media apps from being downloaded to phones whose primary users they know are under the age of 16.Gail: Well, happy to insist they do that. Even if they don’t know how, it’d increase pressure for them to find a way.Bret: I would welcome it, and I suspect most teenagers would, too. It’s hard enough being 14 or 15 without needing to panic about some embarrassing Instagram pic or discovering too late that something stupid or awful you wrote on Facebook or Twitter at 16 comes back to haunt you at 20.Gail: Hey, it’s traumatic enough being haunted by what I said last month.Bret: Or last week.As columnists, we volunteered to have a paper trail for our critics to pick through. We owe it to the kids to shield them from creating public records of their own indiscretions and idiocies. Life will come roaring at them soon enough. I say no social media till they’re old enough to vote, smoke and maybe even buy a drink. Full-frontal stupidity should be left to the grown-ups — like us!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 Visits Ohio, Seeking to Draw Contrast With Biden Over Train Derailment

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      The former president has attacked the administration’s handling of the train derailment, even as his own environmental policies while in office have been criticized.EAST PALESTINE, Ohio — It was evocative of the former president’s time in office: an at-times meandering address, punctated by self-promotion — his brand-name Trump Water — and an undercurrent of grievance.But as he visited the small Ohio town of East Palestine on Wednesday, former President Donald J. Trump sought to hammer home a message just by showing up — that his successor and the man he’s seeking to replace, President Biden, had been ineffective in responding to a domestic crisis after a train derailed and spewed toxic chemicals early this month.Mr. Trump had arrived on the ground before either Mr. Biden or the transportation secretary to a train derailment many Republicans have turned into a referendum on a lack of federal concern with the needs of red-state America.At an East Palestine firehouse where he met first-responders and local elected officials, Mr. Trump, in remarks behind a lectern, said that “what this community needs now are not excuses and all of the other things you’ve been hearing, but answers and results.”He suggested the administration had shown “indifference and betrayal” and he talked about how truckloads of his name-brand water would be distributed to residents, as local officials referred to him as “President Trump” or “the president.” And while he made reference to the “Fake News,” he praised reporters for their coverage and, for a change, his emphasis on grievances was not primarily about his own.Mr. Trump traveled with his son Donald Trump Jr. and was joined at the firehouse by two top Ohio Republicans — Senator J.D. Vance and Representative Bill Johnson. One of his goals was to suggest that Mr. Biden and his administration were simply responding to him. During Mr. Trump’s visit, federal officials announced that the transportation secretary, Pete Buttigieg, planned to visit East Palestine on Thursday.Mr. Trump knocked Mr. Biden as absent after the episode’s fallout and suggested he was waiting for the president to “get back from touring Ukraine.”The Train Derailment in East Palestine, OhioWhen a freight train derailed in Ohio on Feb. 3, it set off evacuation orders, a chemical scare and a federal investigation.A Heated Town Hall: Hundreds of Ohio residents gathered to demand answers about the fallout from the derailed train. Officials for the railroad company pulled out hours earlier, infuriating locals.Cleanup Costs: The Environmental Protection Agency ordered Norfolk Southern, the operator of the derailed train, to clean up any resulting contamination and pay all the costs.Federal Response: The head of the E.P.A. visited East Palestine and the White House pledged to lend more support, but both were met with skepticism in the community.Spurring Speculation: For many influencers across the political spectrum, claims about the environmental effects of the train derailment in Ohio have gone far beyond established facts.In reality, the Biden administration has had officials from key agencies on the ground since the derailment, the president has spoken to the governor and the Environmental Protection Agency has ordered the railroad to perform a cleanup and cover expenses. But no major official, or the president, had visited, which Mr. Trump and Republicans have seized on.Mr. Trump was the first Republican to announce a 2024 run for the White House. His visit highlighted an unusual moment in presidential politics: A former president touring the scene of an emergency and coordinating the distribution of water and supplies, as he once did in office, while aggressively criticizing the current administration’s response.The former president has spent days attacking Mr. Biden, suggesting he had walked away from residents in a deep-red state that Mr. Trump won in the 2016 and 2020 elections.But the derailment and its aftermath have also focused attention on Mr. Trump’s own environmental policies and his cuts to regulations. And while Mr. Trump sometimes showed up at disaster sites as president, his ability to be empathetic has never been a strong suit. In one famous moment during his presidency, Mr. Trump raised eyebrows on a visit to Puerto Rico after a hurricane, by tossing rolls of paper towels at people in need of supplies, as if throwing T-shirts into the stands at a baseball game.A freight train carrying hazardous chemicals derailed this month in East Palestine, Ohio. Former President Donald J. Trump visited the area on Wednesday afternoon.Brian Kaiser for The New York TimesMr. Trump’s visit to East Palestine was far more traditional and subdued — though he still appeared to struggle with showing empathy in public — as he described the unexpected circumstance residents there were facing.He described the “nightmare” that people had suffered because of the “dangerous-looking site” he had just toured, saying the tragedy “rocked the lives” of people there.On Wednesday morning, more than a dozen people in Trump gear waited in the pouring rain for the former president along the city’s downtown streets. Grabbing coffee at a local McDonald’s, Duane Stalnaker, 78, said he drove in from nearby Salem for a chance to see Mr. Trump.“Personally, I think the response has been pretty good,” Mr. Stalnaker said. “This is something you just don’t experience every week. How do you really prepare for it?”In interviews in recent days, several East Palestine residents have described developing coughs or odd rashes on their skin, finding farm animals sick or dead and coping with stress and anxiety about possible exposure to harmful chemicals. State and federal officials have said repeatedly that they have yet to detect dangerous levels of chemicals in the air or municipal water. Numerous specialists from several federal agencies have been conducting tests of the air and water.In Ohio, where distrust of the government and wealthy corporate interests are common sentiments, many have focused their criticism not on state and local Republican leaders, but on the Biden administration and federal officials. They said local and state Republican leaders had few resources to better manage the spill, but criticized Mr. Biden as being too consumed with China and Ukraine to pay attention to a tragedy at home.As he drank a cup of coffee on Monday at Sprinklz on Top, a diner in downtown East Palestine, William Huger, 56, had words for the president. “What’s he doing? Popping balloons from China,” said Mr. Huger, referring to Mr. Biden and the downing of a Chinese spy balloon.On Wednesday, by the time Mr. Trump left the fire station, dozens of people were standing in the streets with umbrellas waiting for him. A few waved Trump flags and cheered, while others snapped photos. At least one makeshift tent was selling Trump T-shirts.Down the street at the McDonald’s, Steven Telischak, the owner of the franchise, called the former president’s visit uplifting. Mr. Telischak had spent his days after the crash preparing breakfasts for emergency responders and worrying about the stench of chemicals in the air.His wife shared photos of the Trumps and Mr. Vance shaking hands with the fast-food restaurant’s employees and passing out Make America Great Again hats.“We really appreciate people coming to town and giving this national recognition,” said Mr. Telischak’s wife, Michele.As Mr. Trump and Republicans in Congress increasingly attack the Biden administration for its response to the derailment, the White House responded on Wednesday by accusing both the Trump administration and Republican lawmakers of dismantling Obama-era rail safety measures put in place to prevent episodes like the East Palestine derailment.“Congressional Republicans laid the groundwork for the Trump administration to tear up requirements for more effective train brakes, and last year most House Republicans wanted to defund our ability to protect drinking water,” Andrew Bates, a spokesman for the White House, said in a statement.A person close to Mr. Trump countered that federal officials said the cause appeared to be an axle, not a brake issue, and the repealed brake-related regulation had no bearing on the crash.The White House also referred to a 2021 letter signed by more than 20 Republican senators supporting waivers for the rail industry to limit in-person safety inspections of railroad tracks.Mr. Buttigieg, the transportation secretary and the focus of much of the Republican criticism, is planning to visit East Palestine on Thursday to hear from officials and residents, and to receive an update on the investigation by the National Transportation Safety Board, which plans to release its initial findings on Thursday.Mr. Buttigieg will be joined by two federal officials who have been at the scene — Amit Bose, who leads the Federal Railroad Administration, and Tristan Brown, the deputy administrator for the Pipeline and Hazardous Materials Safety Administration.Mr. Buttigieg has called on the operator of the train that derailed, Norfolk Southern, as well as the nation’s other freight rail companies, to take immediate steps to improve safety.He previously said he did not want his visit to be a distraction and would wait until the federal response in East Palestine moved past the emergency phase. 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      Forecasting the Future of Election Prediction Markets

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      After flying under the radar as academic experiments, the markets are facing close regulatory scrutiny. But they are worth preserving, our columnist says.I’ve used prediction markets for years, never for trading but rather as a source of information, an interesting adjunct to polls, economic and political models, and traditional reporting, especially when elections grow near.But the U.S. prediction markets that allow people to place legal bets on American elections have run into regulatory problems.PredictIt, the larger of the two prediction markets operating in the United States, has emerged over the last several years as a go-to source for journalists and academics seeking to harness the “wisdom of crowds” for a sense of where the elections are heading.At the moment, the bets on its site amount to a forecast of Republican control of both the House and the Senate. PredictIt’s older and more purely academic counterpart, the Iowa Electronic Markets, is showing the same essential picture.Kalshi, a third and overtly commercial derivatives market, had hoped to start trading contracts on the outcome of the midterm elections by now, but its application has stalled at the Commodities Futures Trading Commission.The various markets — PredictIt, the Iowa market, overseas markets like Betfair in Britain and predecessors like the Irish sites Intrade and Tradesports — have had plenty of glitches through the years. They aren’t always accurate, and their results, if not interpreted carefully, look deceptively extreme. A thin edge in election polling can be magnified in these markets as a definitive advantage, but they are often fundamentally correct. Academic studies have found that they stack up quite well against opinion polls and standard political forecasts.Such markets have also provided compelling results in experiments aimed at estimating Hollywood movie box office results, improving weather forecasts and providing corporations and the Defense Department with information on security, health care and product quality control issues.They all work on the basic notion that when markets are broad and efficient enough and money is at stake, the collective information embodied in their prices is closer to the truth than the conclusions that most individuals can come up with on their own.This may well be true over the long run, but one flaw in this approach is obvious if you have been following the stock, bond, foreign exchange or commodity markets this year: Over short periods, markets are as fickle as a cat. I see no reason to assume that election markets are inherently wiser or steadier than the stock market, which I don’t trust as a guide to much of anything over short periods.Still, prediction markets are fascinating, and provide a worthwhile source of data on a vast array of subjects. They also have tremendous financial possibilities.The State of the 2022 Midterm ElectionsElection Day is Tuesday, Nov. 8.Biden’s Speech: In a prime-time address, President Biden denounced Republicans who deny the legitimacy of elections, warning that the country’s democratic traditions are on the line.State Supreme Court Races: The traditionally overlooked contests have emerged this year as crucial battlefields in the struggle over the course of American democracy.Democrats’ Mounting Anxiety: Top Democratic officials are openly second-guessing their party’s pitch and tactics, saying Democrats have failed to unite around one central message.Social Security and Medicare: Republicans, eyeing a midterms victory, are floating changes to the safety net programs. Democrats have seized on the proposals to galvanize voters.“Prediction markets are going to be a very big business,” said William R. Hambrecht, an early investor in Silicon Valley companies like Apple and Adobe and a major investor in Aristotle, the company that runs PredictIt. “I don’t think you can overstate the potential, once the regulatory issues are resolved.”An Old American PastimeBetting on elections is, technically, illegal in the United States. But the reality is that it has been commonplace since the early days of the republic, Koleman Strumpf, a Wake Forest University economist, said in an interview.By the late 19th century, New York City had become a national center for betting on both finance and politics. Early in the 20th century, whenever elections rolled around, traders outside the New York Stock Exchange placed high-volume wagers on the Curb Market, a rollicking, over-the-counter outdoor marketplace for stocks, bonds and politics.In the current era, the Commodities Futures Trading Commission has permitted the two low-stakes markets — the Iowa Electronic Markets and PredictIt — to operate under academic exemptions.But in August, the commission ordered PredictIt to cease operations by Feb. 15. The agency hasn’t publicly explained its reasons for the cancellation, which PredictIt is fighting in the courts. One issue may be PredictIt’s popularity — the volume of betting on the site has sometimes exceeded the limits set when PredictIt began operating as an educational venture in 2014.A week ago, the commission staff recommended against Kalshi’s bid to start a higher-stakes trade in futures contracts on the control of Congress resulting from the midterm elections. The commission tends to side with its staff’s recommendations, but has not indicated how it will rule on the Kalshi case.In an email, Steven Adamske, a commission spokesman, said only: “Kalshi’s application is still pending, and I don’t have a timeline for when it will be announced.”In an interview, Tarek Mansour, a founder of Kalshi, pointed out that his exchange already offered robust trading on important questions like the future of inflation in the United States and the path of Federal Reserve interest rate increases, and that it was running an unofficial contest asking people to forecast the elections.“That’s an effort at educating people about our site,” he said. “We agree that we need regulation, and we are waiting patiently for guidance from the C.F.T.C.”The Two Election MarketsIt is possible that once the midterms are over, only the Iowa market will remain as a legal outlet for election betting. It has functioned since 1988 as a modest, money-losing “Internet-based teaching and research tool” that allows up to 2,000 people — students of the University of Iowa and anyone else with the money and interest — to place bets of $5 to $500 on the outcome of events, including U.S. elections.As long as it sticks to these unequivocally educational goals and people at the university are willing to take the time and effort to keep it running, its future seems reasonably secure.“It’s a labor of love,” said Thomas S. Gruca, the director of the prediction market and a professor at the university’s Tippie College of Business. “It takes a lot of time from a lot of volunteers to keep it going. But a lot of people are learning a lot because of it.”PredictIt is something of a hybrid. It is a joint venture. One partner is Victoria University of Wellington, a New Zealand institution. The other is Aristotle, a for-profit American political consulting, compliance, data and software company, whose founder, John Aristotle Phillips, first gained national attention in 1976 as “the A-bomb kid” — a Princeton undergraduate who successfully designed an atomic bomb in a physics class project.“It was about arms control,” he told me in an interview. “I showed that a bomb could be built, and that we needed more controls.”Aristotle does the day-to-day work running PredictIt, and the university has been playing a passive role. While the data from the prediction market at the University of Iowa is regularly used in classrooms and in research there, that is not the case for Victoria University.“We are not aware of any scholars at Victoria University of Wellington using the data, but, as they don’t need to come through us to access it, that would be a question better directed to PredictIt,” Katherine Edmond, the university’s director of communications, said in an email.PredictIt is used extensively by scholars around the world, but mainly by Americans, who are listed on its site, and have relied on it for years, as have journalists like me. In addition to filing suit, Aristotle has applied for permission to become a commercial exchange, like Kalshi, a move that would end the restrictions on its size and scope.A Modest PredictionFrom the standpoint of many economists, the prediction markets, for all their flaws, have been spectacularly successful.“There’s tremendous social utility to having these markets operate, and having this information available,” said Eric Zitzewitz, a Dartmouth professor who has studied prediction markets extensively. “There’s a lot of demand for them — people enjoy participating in them and consuming the information they provide.”Betting on elections won’t go away, no matter what the regulators decide. Such betting could migrate to overseas markets or to unregulated markets in cyberspace that are outside U.S. regulatory control.Far better, I think, would be to allow them to operate within U.S. borders as transparent, robust — and carefully regulated — operations. Until now, both the Iowa market and PredictIt have been small enough to be fairly innocuous in terms of their effects on elections themselves. When big money flows into prediction markets — as I suspect it one day will — the potential for real trouble will be far greater. Markets can be manipulated and corruption flourish, so smart and active regulators are needed to keep markets honest.That’s true for the stock market. Regulating U.S. prediction markets will become far more critical when large sums are focused directly on the outcome of elections, which are, after all, the foundation of our democracy. Prediction markets are important enough to be preserved. But elections are important enough for regulators to move slowly and carefully. More

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      U.S. and Russia Duel Over Leadership of U.N. Tech Group

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      Member countries vote on Thursday for an American or a Russian to lead the International Telecommunication Union, which sets standards for new technologies.WASHINGTON — The United States and Russia are tussling over control of a United Nations organization that sets standards for new technologies, part of a global battle between democracies and authoritarian nations over the direction of the internet.American officials are pushing more than 190 other member countries of the International Telecommunication Union, a U.N. agency that develops technical standards for technology like cellphone networks and video streaming, to vote on Thursday for Doreen Bogdan-Martin, a longtime American employee, to lead the organization. She is running against Rashid Ismailov, a former Russian government official.The American campaign has been especially intense. President Biden endorsed Ms. Bogdan-Martin last week, capping months of public and private lobbying on her behalf by top administration figures and major U.S. corporate groups.Whoever leads the I.T.U. will have power to influence the rules by which new technologies are developed around the world. While the organization is not well known, it has set key guidelines in recent years for how video streaming works and coordinates the global use of the radio frequencies that power cellphone networks.The election has become a symbol of the growing global fight between a democratic approach to the internet, which is lightly regulated and interconnected around the world, and authoritarian countries that want to control their citizens’ access to the web. Russia has built a system that allows it to do just that, monitoring what Russians say online about topics like the invasion of Ukraine, while the United States largely does not regulate the content on social networks like Facebook and Twitter.Some worry that Russia and China, which also has closed off its internet, could use the I.T.U. to reshape the web in their images. The two countries put out a joint statement last year calling for preserving “the sovereign right of states to regulate the national segment of the internet.” They said they were emphasizing “the need to enhance the role of the International Telecommunication Union and strengthen the representation of the two countries in its governing bodies.”Doreen Bogdan-Martin of the United States at the opening session of the International Telecommunication Union in Bucharest, Romania, on Monday.Andreea Alexandru/Associated PressErica Barks-Ruggles, a State Department official and former ambassador to Rwanda who is representing the United States at an I.T.U. conference this week, said the organization would help determine if people around the world could have affordable access to new technology and communicate across borders, and “whether their governments are able to disconnect them from the internet or not.”“That’s why we’re putting time, money, energy into this,” she said.The I.T.U. was founded in 1865 to tackle issues involving telegraph machines. It traditionally focused on physical networks rather than the internet, but has become involved in setting standards for everything from smart home devices to connected cars. The agency’s plenipotentiary conference, which takes place every four years, began on Monday in Bucharest, Romania.Last week, Mr. Biden said Ms. Bogdan-Martin “possesses the integrity, experience and vision necessary to transform the digital landscape.” Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo and other senior administration officials have also backed her candidacy.At a recent conference in Kigali, Rwanda, the United States hosted a reception at the city’s conference center where attendees heard a pitch from Ms. Bogdan-Martin, saw a video endorsement from Vice President Kamala Harris and listened to music from a local band.In response to emailed questions, Ms. Bogdan-Martin said she hoped her leadership of the I.T.U. could expand global access to the internet and improve transparency at the organization. She said she hoped to lead in “bringing an open, secure, reliable and interoperable internet to all people around the world.”Moscow is supporting Mr. Ismailov, a former deputy minister for telecom and mass communications for the Russian government and a former executive at Huawei, the Chinese telecommunications company that American officials worry could leak data from its products to Beijing.The Russian Embassy in Washington did not respond to a request for comment.The proxy battle of the election may be the first of many more.“I see the U.S. really engaged in a new kind of foreign policy attack, where they see our adversaries and our competitors are wanting to change the rules of the game to shut off access,” said Karen Kornbluh, a senior fellow at the German Marshall Fund. More