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      S.E.C. to Approve New Climate Rules Far Weaker Than Originally Proposed

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      The rules, designed to inform investors of business risks from climate change, were rolled back amid opposition from the G.O.P., fossil fuel producers, farmers and others.The Securities and Exchange Commission is expected on Wednesday to approve new rules detailing if and how public companies should disclose climate risks and how much greenhouse gas emissions they produce, but there are fewer demands on businesses than the original proposal made about two years ago.The rules represent a step toward requiring corporations to inform investors of both their climate emissions, as well as the business risks that they face from floods, rising temperatures and weather disasters. An earlier and more all-encompassing proposal faced outspoken Republican backlash and opposition from a range of companies and industries, including fossil fuel producers.The main difference: Under the original proposal, large companies would have been required to disclose not just planet-warming emissions from their own operations, but also emissions produced along what’s known as a company’s “value chain” — a term that encompasses everything from the parts or services bought from other suppliers, to the way that people who use the products ultimately dispose of them. Pollution created all along this value chain could add up.Now, that requirement is gone.In addition, the biggest companies will have to report the emissions they directly produce, but only if the companies themselves consider the emissions “material,” or of significant importance to their bottom lines, a qualification that leaves corporations leeway. Thousands of smaller businesses are exempt, another big change from the original proposal, which would have required all publicly traded corporations to disclose their direct emissions.Also gone from the final rules is a requirement that companies state the climate expertise of members on their board of directors.But the directive for companies to disclose significant risks related to climate change — for example, risks to waterfront properties owned by a hotel chain from rising sea levels and storm surges — survived.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Supermartes: quién ganó, quién perdió y qué está por definirse

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      Donald Trump y Joe Biden avanzan hacia una revancha y se espera que Nikki Haley retire su candidatura. Pero los aspirantes presidenciales no eran los únicos en la contienda.Donald Trump y el presidente Joe Biden salieron victoriosos del Supermartes, el día más importante de la temporada de primarias, y solo la estrecha victoria de Nikki Haley en Vermont la ayudó a evitar quedar fuera en las 15 contiendas republicanas. Se esperaba que pusiera fin a su campaña el miércoles.Pero los candidatos presidenciales que han ido avanzando hacia una revancha no fueron los únicos en la votación. He aquí algunas de las otras contiendas importantes que se decidieron el martes.CaliforniaEl representante Adam Schiff, congresista demócrata desde hace mucho tiempo, y Steve Garvey, un novato republicano, pasaron a las elecciones generales en la contienda por el Senado, asegurándose dos pases de salida de la “jungla” de las primarias para competir por el escaño que quedó libre tras la muerte el año pasado de la senadora Dianne Feinstein. Con un electorado dominado por los liberales, Schiff tendrá una ventaja significativa en noviembre.Tres escaños de la Cámara de Representantes de tendencia demócrata quedaron vacantes porque sus titulares se habían presentado para el escaño vacante del Senado: el Distrito 12, representado por Barbara Lee; el Distrito 30, representado por Schiff; y el Distrito 47, representado por Katie Porter. Esas contiendas están aún por decidirse.El que fuera el escaño del expresidente de la Cámara de Representantes Kevin McCarthy en el Distrito 20 también quedó vacante porque renunció a la Cámara. El representante David Valadao, uno de los 10 republicanos de la Cámara que votaron a favor de la destitución de Trump en 2021, también se enfrenta a serios retos en las primarias del Distrito 22. Ambas primarias están aún por definirse.Carolina del NorteWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Inflation Fears Stalk Presidential Politics and the Markets

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      Lawmakers on Capitol Hill are set to grill Jay Powell, the Fed chair, about interest rates and the economy, topics that are top of mind for voters and investors alike.Jay Powell, the Fed chair, will begin two days of testimony on Capitol Hill with inflation a hot topic for voters and markets.Richard Drew/Associated PressInflationary pressure and presidential politics President Biden and Donald Trump dominated Super Tuesday, setting the stage for a rematch of the 2020 election. One topic that’s high on the agenda for voters: Inflation.That means all eyes will be on Jay Powell, as the Fed chair makes a two-day appearance on Capitol Hill this week, for any sign of what’s next on rate cuts.Inflation is kryptonite for any politician, and especially for Biden. Trump again pounded the president on high prices, an issue that’s lifting the Republican in polls even as a range of indicators show that the economy is performing strongly.(The White House is putting the blame on corporations that “try to rip off Americans.” Watch for that theme at Thursday’s State of the Union address.)Powell will appear before the House on Wednesday and before the Senate on Thursday. Data published in recent weeks shows that jobs are plentiful, wages are rising and consumers are still spending. Analysts have upgraded their economic forecasts, raising hopes that a soft landing is likely.But market pros see warning signs. Concerns remain that inflation will stick above the Fed’s 2 percent target, forcing the central bank to put the brakes on interest rate cuts that traders expect to begin in June. The futures market on Wednesday is forecasting three to four cuts this year — down from nearly seven just weeks ago — and the more cautious sentiment has helped drag the S&P 500 lower this week.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      California’s Primary Election Is Today

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      The nominees for president and many other offices will be decided today, Super Tuesday, as voters in California and 14 other states head to the polls.Super Tuesday voting in 2020.Max Whittaker for The New York TimesWelcome to Super Tuesday.California and 14 other states are casting ballots for presidential nominees and many down-ballot races today, on the busiest day of the primary season.California, which used to hold its primaries in June, switched in 2020 to holding primaries in presidential election years in March in the hope of increasing the state’s influence on the national outcome. But that part of the primary is a little anticlimactic this year, with President Biden and Donald Trump already on glide paths to secure their parties’ nominations. (You can follow nationwide Super Tuesday results and the latest developments here.)What’s likely to be more interesting this time are the many other races and questions on the California ballot.Voters will have their say on State Assembly and State Senate candidates, and on a ballot measure championed by Gov. Gavin Newsom that would finance mental health treatment in the state. And congressional races in the state could help determine control of the U.S. House, where Republicans now have only a seven-seat majority.California’s delegation currently has 40 Democrats, 11 Republicans and one vacant seat. And 10 of the 74 most competitive House races in the nation are in California, according to the Cook Political Report, including several in the Central Valley and Orange County.The two top vote-getters in each race today, regardless of party, will compete in the general election — effectively a runoff — in November. This CalMatters tool lets you find your district and see whether it has a competitive race.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Wins North Dakota Caucuses, Resuming March to Nomination

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      Donald J. Trump defeated Nikki Haley in the North Dakota Republican caucuses on Monday, according to The Associated Press, as he resumed his march to the nomination after a victory by Ms. Haley in the Washington, D.C., primary the day before.Mr. Trump received over 84 percent of the vote, according to The A.P., an overwhelming victory that awarded the former president all 29 of the state’s delegates because he earned more than 60 percent of the vote.Turnout was very low in this election. Just under 2,000 votes have been counted. The numbers are not directly comparable, but the Democratic caucuses in North Dakota tallied more than 14,000 votes in 2020, and North Dakota is a deep-red state.Mr. Trump now has 273 delegates. Ms. Haley, who received no delegates from the North Dakota caucuses, has 43.The contest resumed Ms. Haley’s string of defeats in the nominating contests so far, most by double-digit margins, beginning with the Iowa caucuses in January and continuing through the Michigan primary last Tuesday.Ms. Haley, a former governor of South Carolina, had briefly interrupted her losing streak with a victory in the nation’s capital, winning about 63 percent of the vote on Sunday. The contest was small — just over 2,000 Republicans voted in the overwhelmingly Democratic city — but awarded Ms. Haley 19 delegates, nearly doubling her total.But it is unclear if Ms. Haley can win any of the coming state contests. North Dakota was the last state to hold a nominating contest before Super Tuesday, when 15 states will hold Republican primaries and caucuses that will distribute about a third of all delegates. Mr. Trump leads by wide margins in polls both nationally and in states that will vote on Tuesday. Recent polls in Texas, for example, show him with about 80 percent support.While Mr. Trump won’t be able to clinch the nomination on Super Tuesday, a strong performance could put him very close to the majority of delegates he needs. If Ms. Haley doesn’t win some states soon, Mr. Trump could secure the nomination by the end of March. More

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      Nikki Haley gana las primarias de Washington y corta la racha de Trump

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      La candidata obtuvo el 63 por ciento frente al 33 por ciento de Donald Trump, convirtiéndose en la primera mujer en ganar unas primarias presidenciales republicanas.El domingo, Nikki Haley ganó las primarias republicanas en Washington, D. C., registrando su primera victoria tras una serie de derrotas ante el expresidente Donald Trump, quien respondió amargamente en las redes sociales, diciendo que había evitado a propósito la contienda “porque es el ‘pantano’”.Haley obtuvo alrededor del 63 por ciento de los votos frente al 33 por ciento de Trump, según The Associated Press, asegurándose los 19 delegados disponibles y convirtiéndose en la primera mujer que gana unas primarias presidenciales republicanas. Sin embargo, Trump sigue bien posicionado para asegurarse la nominación este mes.La contienda en Washington fue pequeña: poco más de 2000 republicanos votaron en la ciudad abrumadoramente demócrata, un gran contraste en comparación con los 110.000 en Iowa, 325.000 en Nuevo Hampshire y 757.000 en Carolina del Sur.Haley pareció reconocer esto en una publicación en la red social X. “¡Gracias, D. C.!”, escribió. “Luchamos por cada centímetro”.Pero Trump no podía dejar pasar ese centímetro. En su sitio de redes sociales, afirmó falsamente que Haley había “gastado todo su tiempo, dinero y esfuerzo allí”. Nunca utilizó su nombre, y se refirió a ella repetidamente con su despectivo apodo de “cabeza de chorlito”.Haley trató de jugar con el simbolismo de Washington —que no es precisamente el lugar favorito de los republicanos— a su favor, escribiendo: “Los republicanos más cercanos a la disfunción de Washington saben que Donald Trump no ha traído más que caos y división en los últimos ocho años”.Karoline Leavitt, portavoz de Trump, dijo en un comunicado que Haley “acaba de ser coronada ‘reina del pantano’ por los grupos de presión y los expertos de D. C. que buscan proteger el fracasado statu quo”.La contienda se centrará ahora en los 15 estados que celebrarán elecciones republicanas el Supermartes, el 5 de marzo. Aunque no es matemáticamente posible que Trump consiga la nominación todavía, podría acercarse mucho con una buena actuación en el Supermartes y posicionarse para lograrlo en las próximas dos semanas.Maggie Astor cubre política para The New York Times, enfocándose en noticias de última hora, legislaciones, campañas y cómo los grupos subrepresentados o marginados se ven afectados por los sistemas políticos. Más de Maggie Astor More

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      These Democrats Love Biden and Think the Rest of America Has Lost Its Mind

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      Andrea Russell is a fixture on Earp Street, the quiet strip of rowhouses in South Philadelphia where she has lived for 45 years. In the afternoons, neighbors come and go from her living room as her 16-year-old cat, George, sits perched above a television that is usually tuned to cable news.Ms. Russell, a 77-year-old retired legal secretary, thinks President Biden would fit right in. “He’d come on by Earp Street,” she said. “I could picture going up to him and saying, ‘Hi, Joe.’ I can see him here.” She identifies with him, she said, and admires his integrity and his record. She also loves his eyes.Her friend, Kathy Staller, also 77, said she was as eager to vote for Mr. Biden as she was for Barack Obama in 2008. “I am excited,” she said. “I hope more people feel the way I do.”Ms. Russell and Ms. Staller are ardent, unreserved supporters of Mr. Biden — part of a small but dedicated group of Democratic voters who think that he is not merely the party’s only option against Donald J. Trump but, in fact, a great, transformative president who clearly deserves another four years in office.They occupy a lonely position in American politics.Andrea Russell, 77, and her sixteen-year-old cat George, are fixtures of a quiet neighborhood in South Philadelphia. Ms. Russell is a committed supporter of President Biden. Mr. Biden, 81, has never inspired the kind of excitement that Mr. Obama did, and he is not a movement candidate, in contrast to his likely 2024 rival, Mr. Trump, who is 77. Historically, he has been far more skilled at connecting one to one on the campaign trail than energizing crowds with soaring oratory.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      ‘Fix the Damn Roads’: How Democrats in Purple and Red States Win

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      When Gov. Josh Shapiro of Pennsylvania got an emergency call about I-95 last June, his first thought turned to semantics. “When you say ‘collapse,’ do you really mean collapse?” he recalled wondering. Highways don’t typically do that, but then tractor-trailers don’t typically flip over and catch fire, which had happened on an elevated section of the road in Philadelphia.Shapiro’s second, third and fourth thoughts were that he and other government officials needed to do the fastest repair imaginable.“My job was: Every time someone said, ‘Give me a few days, and I’ll get back to you,’ to say, ‘OK, you’ve got 30 minutes,’” he told me recently. He knew how disruptive and costly the road’s closure would be and how frustrated Pennsylvanians would get.But he knew something else, too: that if you’re trying to impress a broad range of voters, including those who aren’t predisposed to like you, you’re best served not by joining the culture wars or indulging in political gamesmanship but by addressing tangible, measurable problems.In less than two weeks, the road reopened.Today, Shapiro enjoys approval ratings markedly higher than other Pennsylvania Democrats’ and President Biden’s. He belongs to an intriguing breed of enterprising Democratic governors who’ve had success where it’s by no means guaranteed, assembled a diverse coalition of supporters and are models of a winning approach for Democrats everywhere. Just look at the fact that when Shapiro was elected in 2022, it was with a much higher percentage of votes than Biden received from Pennsylvanians two years earlier. Shapiro won with support among rural voters that significantly exceeded other Democrats’ and with the backing of 14 percent of Donald Trump’s voters, according to a CNN exit poll that November.Biden’s fate this November, Democratic control of Congress and the party’s future beyond 2024 could turn, in part, on heeding Shapiro’s and like-minded Democratic leaders’ lessons about reclaiming the sorts of voters the party has lost.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More