First Draft on Politics: Clinton Seeks 'Victory Fund' Pacts With State Parties

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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <html> <head> <title></title> </head> <body> <p> <style> a, a:link, a:hover, a:active, a:visited { color: #326891; } #inner p { padding: 0; margin: 0 0 15px 0; } /* for sensible mobile email clients */ @media only screen and (max-device-width: 568px) { .wrapper #inner, .wrapper #footer { max-width: 100% !important; width: 100% !important; position: relative; margin: 0 auto; } .photo img { max-width: 100% !important; } } /* different headers for desktop vs. mobile */ @media only screen and (max-device-width: 619px) { #hed .desktop-display-date { display: none !important; } .hide { max-height: none !important; font-size: 12px !important; display: block !important; } #hed .branding { padding-top: 20px; } } </style> <table class="wrapper" style="position: relative; width: 100%; text-align: center; margin-left:auto; margin-right:auto;" width="100%"><tr><td align="center"> <table id="inner" style="color: #333; position:relative; font-family: georgia,times,serif; text-align: left; width: 600px; border-bottom: 3px solid #000; margin-bottom: 20px;" width="600"><tr><td> <div style="display: none !important; font-size: 0px; color: #fff; height: 0 !important; width: 0 !important;"> <div style="display:none!important; mso-hide:all;">Good Tuesday morning. Politics can be tough on friendships, as Gov. Chris Christie of New Jersey is seeking to put a home-state senator in a tough spot, while President Obama might find himself in a similarly awkward position if his vice president decides to challenge his former secretary of state in a bid to replace him. And to the surprise of some in her party, Hillary Rodham Clinton is proposing joint fund-raising agreements that typically occur after the nomination has been won. Mrs. Clinton’s campaign is moving to sign “victory fund” agreements with a string of state Democratic parties, and already has takers in four states, including New Hampshire. The maneuver is open to any of the Democratic candidates, but only Mrs. Clinton’s campaign is trying it. Officials with some of the state parties, asked to consider joint agreements while the nomination battle is still playing out, privately expressed confusion when they first received packets proposing legal language to create the deals. The chairman of the New Hampshire Democratic Party defended the arrangement with the Clinton campaign, suggesting he had invited all the candidates to enter such deals. But the others are deeply focused on winning the nomination in a fight against a well-funded front-runner. The “victory funds” risk adding to the perception that Mrs. Clinton, who is batting away persistent questions about her use of a private email server at the State Department, is ensconced in a shaky sense of her inevitability as the nominee. The timing also aligns with Vice President Joseph R. Biden Jr.’s deliberations over a campaign of his own.</div> </div> <div class="hide-from-wordpress hide-from-text-version" style="text-align: center; color: #999; font-family: nyt-franklin, arial, helvetica, sans-serif; font-size: 11px; padding-bottom: 10px;"> View <a href="http://p.nytimes.com/email/re?location=InCMR7g4BCLMQnpkk5MvplGHjZHVWFYy37Fha1nkmwg=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">First Draft</a> on the web | Add <a href="mailto:[email protected]">[email protected]</a> to your address book </div> <div id="hed" class="hide-from-wordpress" style="border-top: 3px solid #000; padding: 5px 0 15px;"> <div class="desktop-display-date hide-from-text-version"> <table width="100%"> <tr> <td style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-size: 11px; text-align:left;">8/25/2015</td> <td style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-size: 11px; text-align:right;"> <a href="http://p.nytimes.com/email/re?location=InCMR7g4BCLMQnpkk5MvplGHjZHVWFYy37Fha1nkmwg=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">nytimes.com/firstdraft »</a> </td> </tr> </table> </div> <div id="branding" class="branding hide-from-text-version" style="text-align: center;"> <a href="http://p.nytimes.com/email/re?location=InCMR7g4BCLMQnpkk5MvplGHjZHVWFYy37Fha1nkmwg=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329"><img src="http://graphics8.nytimes.com/packages/images/nytint/projects/firstdraft/email-logo-260x75-2x.png" width="260" height="75" border="0" alt="First Draft"></a> </div> </div> <!-- end #hed --> <!--[if gte mso 12]> <div style="font-size: 1px; line-height: 1px;"> </div> <![endif]--> <div id="photo1" class="section photo" style="border-top: 1px solid #000; clear: both; padding: 20px 0; text-align: left;"> <div> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0 0 10px 0;"><a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACKQh1JEPAsZdfyc9wlrSq35yzYtU4heo62Iq8M/MIr5y&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329" style="text-decoration:none; color:#000;">Clinton Seeks ‘Victory Fund’ Pacts With State Parties </a></h2> <center> <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACKQh1JEPAsZdfyc9wlrSq35yzYtU4heo62Iq8M/MIr5y&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329"><img src="http://graphics8.nytimes.com/images/2015/08/24/us/24firstdraft-newsletterclinton/24firstdraft-newsletterclinton-jumbo.jpg" style="max-width:100%; height: auto; background-color: #ccc; margin: 0 auto; border-style:none" width="600"></a> <p class="caption" style="font-family:georgia,times,serif; margin: 10px 0 15px 0; color: #777; font-size: 13px; line-height: 18px; max-width: 600px; text-align: left;">Hillary Rodham Clinton at the Wing Ding Democratic dinner in Iowa this month. </p> </center> </div> </div> <!-- end #photo --> <div id="morning_briefing" class="section text" style="font-family: nyt-franklin,arial,helvetica,sans-serif; line-height:1.75em; text-align: left; clear: both;"> <h5 class="hide" style="max-height: 0px; font-size: 0; display: none; margin: 0; text-transform: uppercase; font-weight: bold;">8/25/2015</h5> <p style="color: #999; font-size: 16px; margin: 8px 0">By Maggie Haberman </p> <div style="font-family: georgia,times,serif; font-size: 16px; line-height: 28px;"> <p><em>Good Tuesday morning. Politics can be tough on friendships, as <strong>Gov. Chris Christie</strong> of New Jersey is seeking to put a home-state senator in a tough spot, while <strong>President Obama</strong> might find himself in a similarly awkward position if his vice president decides to challenge his former secretary of state in a bid to replace him. And to the surprise of some in her party, <strong>Hillary Rodham Clinton</strong> is proposing joint fund-raising agreements that typically occur after the nomination has been won.</em></p> <p><strong>Mrs. Clinton</strong>’s campaign is moving to sign “victory fund” agreements with a string of state Democratic parties, and already has takers in four states, including New Hampshire.</p> <p>The maneuver is open to any of the Democratic candidates, but only Mrs. Clinton’s campaign is trying it.</p> <p>Officials with some of the state parties, asked to consider joint agreements while the nomination battle is still playing out, privately expressed confusion when they first received packets proposing legal language to create the deals.</p> <p>The chairman of the New Hampshire Democratic Party defended the arrangement with the Clinton campaign, suggesting he had invited all the candidates to enter such deals. But the others are deeply focused on winning the nomination in a fight against a well-funded front-runner.</p> <p>The “victory funds” risk adding to the perception that Mrs. Clinton, who is batting away persistent questions about her use of a private email server at the State Department, is ensconced in a shaky sense of her inevitability as the nominee.</p> <p>The timing also aligns with <strong>Vice President Joseph R. Biden Jr.</strong>’s deliberations over a campaign of his own.</p> </div> </div> <!-- end #text_with_byline --> <div class="ad hide-from-text-version" style="border-top: 1px solid black; padding-top: 20px; padding-bottom: 15px;clear:both;text-align:center;"> <div style="text-align:center;font:10px Arial, sans-serif;color:#ccc;padding-top:5px;padding-bottom:5px;">ADVERTISEMENT</div> <!-- ADXINFO classification="Med_Rec_-_Email" campaign="CN-2015CardPolicyCouncil0824-FirstDraftEmail" priority="9100" isInlineSafe="N" width="300" height="250" --><a href="http://www.nytimes.com/adx/bin/adx_click.html?type=goto&opzn&page=email.nytimes.com/us/politicsemail/html&pos=Position1&sn2=9a54d5d2/13294913&sn1=5eba84ac/c080b0f3&camp=CN-2015CardPolicyCouncil0824-FirstDraftEmail&ad=CN0824_FIRSTDRAFT_CARDPOLICY&goto=http%3A%2F%2Fwww%2Enytimes%2Ecom%2Fads%2Fth%2Fred%5Fcardpolicycouncil%5Fcn%5F082515%2Ehtml" target="_blank"> <img src="http://graphics8.nytimes.com/adx/images/ADS/41/06/ad.410682/GPG_CPCInitial_NYT_300x250.jpg" width="300" height="250" border="0"> </a> </div> <div id="text1" class="section text" style="font-family: nyt-franklin,arial,helvetica,sans-serif; padding: 20px 0; padding-bottom: 20px; border-top: 1px solid black; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0 0 10px 0;"></h2> <div style="font-family: georgia,times,serif; font-size: 16px; line-height: 28px;"><p><strong><em>Stay tuned throughout the day: Follow us on Twitter </em></strong><a href="http://p.nytimes.com/email/re?location=vzewYO/FHLQASSy22Gq8gbCUJ85a+zRrTPdRI/7QlwQ=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329"><strong><em>@NYTpolitics</em></strong></a><strong><em> and on </em></strong><a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KWmuacvKaClnScR5XC3Nq7OYjPY39uL/imkPg0i0so/fA==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329"><strong><em>Facebook</em></strong></a><strong><em> for </em></strong><a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACKQh1JEPAsZdfyc9wlrSq35yzYtU4heo62Iq8M/MIr5y&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329"><strong><em>First Draft updates</em></strong></a><strong><em>.</em></strong></p></div> </div> <!-- end #text --> <div id="bullets_big1" class="section upcoming" style="border-top: 1px solid black; padding: 20px 0; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0;">What We’re Watching Today</h2> <ul style="margin: 10px 0 0 0; padding: 0; font-size: 16px; font-family: georgia,times,serif;"> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p><strong>Donald J. Trump</strong>, who last year, <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KWX4y44VyVrsFSQMoVMs0bVODXTGHVdWKoQR/MHrh8DJa//qA+r6fRJ9QfDOO62WieEOVPx67bFvttWQrttJmdA8vzGz9UXyzgpFGOEchmKArmNcR8iiAvtjqmnfHg55zwy1j96D5Jmoafws1kZKnQ/BB1sTbkHNy0=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">The Des Moines Register points out</a>, “was the contender likely caucusgoers in Iowa viewed most negatively” and is “now the front-runner in Iowa according to the latest polling,” will hold a large rally in Dubuque.</p></div> </li> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p><strong>Senator Ted Cruz</strong> of Texas has made <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACKQh1JEPAsZdfyc9wlrSq35yzYtU4heo6wcWH/CvMXRkvBNQEfHVlfEhrPlv4aoxp1w32IDRpNh7f3z8R8/eDkPo+d9PMOM87Qs4wmpspc2uZlGrlK9TBBZsn52LhJdB6Zocwf5DQC//jNUPr+yL5/k=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">reaching out to evangelicals</a> a centerpiece of his campaign. He will hold a conference call with pastors and religious leaders from across the country to discuss Planned Parenthood <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACPLKh239P3pgVYFaq/0qKkqrvaqA50zPQBJF696mKFCKGAkjQy4rzOVy0mAWY25EV38sdZvFfLL2T8sa0lfrOd8RMMl5L56EeQ==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">and the recent videos</a> that accuse it of selling fetal tissue for a profit, a charge the organization denies.</p></div> </li> </ul> </div> <!-- end #bullets --> <div id="text2" class="section text" style="font-family: nyt-franklin,arial,helvetica,sans-serif; padding: 20px 0; padding-bottom: 20px; border-top: 1px solid black; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0 0 10px 0;">Christie to Press Cory Booker to Oppose Iran Deal</h2> <div style="font-family: georgia,times,serif; font-size: 16px; line-height: 28px;"> <p><strong>Mr. Christie</strong> is staying in his home state on Wednesday, but that doesn’t mean he isn’t campaigning.</p> <p>He will hold a news conference at Rutgers University, a half-hour drive from his campaign headquarters in Morristown, to “encourage the New Jersey congressional delegation, particularly <strong>Senator Cory Booker</strong>, to oppose the Iran deal,” according to the event’s billing.</p> <p>Mr. Booker, a Democrat, continually refers to Mr. Christie as his friend, saying <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVYELvrN1vGGsAF62Au4JnqQqWBX03i5xH7NReDD4oHGh79F6Ep6XVzPRHRH9mxnkLohh1Lmk4xzL0VXeWZizCUlODRmwl8p4C4KTIoWyrvsPgrRZhi2uYdpjwBFBcZ76op+US5j8RdyclMCfs7v7Sm&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">as recently as last month</a> that people should not “underestimate” Mr. Christie and that he was “one of the most talented political people out there.”</p> <p>But his friend has put a focus on him while he <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KWdRQP9hbGa63VB0atKD7D5OpJk6C739smUOVmmNCHRM+9vFTwZ41dYXSSRWi2Y+cP+sRwsVOb1dRFeeHub/TjDe2w5Pl9l9jl/RDqc7H8pj1wdOr3d3QT8fw2a9b5NdBLRYyDtUh1uqni9c0dCUqe3&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">struggles to thread a political needle</a> on the Iran deal: He relies on a network of Jewish donors in New Jersey who would most likely oppose the deal, but he is also close with Mr. Obama, <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACPLKh239P3pgbtNRJ+dpD5+cpvlGpgZEKT3q73Mn5RDydiJDBd/TsDayyC2fq58nC5weAoKz80PgbAedAiOkbAyVOjbcecxFhCc0mg7IBUEmU/GIPO+BT4NZ+4EuidaZlZ2pHZPt4EBSNWmAPwPoOifk6MNTTaKHlWP0SGQHQysTciywCx8DlGek+znKdqHJeZZIBeLkjYqFZass0SF1vBbPmlIs6KF5Rs3xBHgfrh/bOnQF3NnoGPO3NVqgYzBnNg==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">who is pressing Democrats hard</a> for support. Coming out against it would fracture his relationship with the White House, which <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVYELvrN1vGGsAF62Au4JnqQqWBX03i5xHadnj+WZjzvgf6UH2Y7BBuo1/YT5KJGV1cjj11uA2DOrQXsm5f6GfodiHfYJp8eo4=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">dates to the 2008</a> campaign.</p> <p>Mr. Christie’s public call on Mr. Booker could force him to take a stand, something he seems reluctant to do at the moment. But it will also generate earned media for Mr. Christie, who is battling to maintain his position in the top 10 candidates for the next Republican debate in September.</p> <p>Either outcome, a bipartisan ally or a public spat, keeps him in the headlines.</p> <p><em>– Nick Corasaniti</em></p> </div> </div> <!-- end #text --> <div id="text5" class="section text" style="font-family: nyt-franklin,arial,helvetica,sans-serif; padding: 20px 0; padding-bottom: 20px; border-top: 1px solid black; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0 0 10px 0;">A Biden Run Could Put Obama in an Awkward Position</h2> <div style="font-family: georgia,times,serif; font-size: 16px; line-height: 28px;"> <p>Less than 24 hours after <strong>Mr.</strong> <strong>Obama</strong> returned from his summer vacation, his press secretary was peppered with questions about<strong> Mr. Biden</strong>, <strong>Mrs. Clinton</strong> and the awkward political triangle that might be just around the corner.</p> <p>It’s going to be that kind of September.</p> <p>Mr. Obama and Mr. Biden sat down on Monday for their weekly lunch together as Mr. Biden considers a challenge to Mrs. Clinton in the Democratic nominating contest. It was private, but <strong>Josh Earnest</strong>, the president’s press secretary, <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACKQh1JEPAsZdfyc9wlrSq35yzYtU4heo6wcWH/CvMXRkAk3DgXdy12NEhpy00TY4AibY671383IZfSE74QAOPPiWsMzNpGtMEGYZP5RKvFJiRQohdEcq/9Q=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">offered some hints.</a></p> <p>Such discussions usually “cover everything from work to family,” he said, “And I’ll leave it to you to decide whether or not you think that this decision facing the vice president falls in either of those two categories.”</p> <p>Mr. Earnest declined to rule out the possibility that Mr. Obama might eventually endorse a Democratic candidate. But he also demonstrated how awkward the next few weeks will be.</p> <p>Mr. Earnest noted that Mr. Obama had previously said that picking Mr. Biden “was the smartest decision that he had ever made in politics.” <strong>Jon Karl</strong> of ABC pounced, noting that must mean it was a better decision than picking Mrs. Clinton as secretary of state.</p> <p>“Yeah, it was. It was,” Mr. Earnest said, before quickly praising Mrs. Clinton. The Republican National Committee release that quickly followed left out the nice words about the former secretary of state. “Ouch!” it said.</p> <p><em>– Michael D. Shear </em></p> </div> </div> <!-- end #text --> <div id="bullets_big2" class="section upcoming" style="border-top: 1px solid black; padding: 20px 0; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0;">Our Favorites From The Times </h2> <ul style="margin: 10px 0 0 0; padding: 0; font-size: 16px; font-family: georgia,times,serif;"> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p><strong>Gov. John R. Kasich </strong>of Ohio is <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACPLKh239P3pgbtNRJ+dpD59KgE1b92jrxPjUgM9J6VdZ9ra0VfuRkv9nimJKf1U8Ph3ueR2E3GFb7uXA1a3TlfQM6X3lU4jpEAaFl7KLTfjDZlbCt3kKA7OE6fIqGJIrD3mTkcdyV0WStO3uMnLZsSlP5gqc8rWbIw==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">trying to balance two competing narratives</a>: his working-class past and the nearly eight years he spent as an investment banker with Lehman Brothers.</p></div> </li> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p>As American markets tumbled, Republican <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACPLKh239P3pgbtNRJ+dpD59KgE1b92jrxDXDj+rqORinYQNvvBsS2iQFh1NKEsNQdu/6jrfUCntxuF7mzl0buPdXMc61owHvmxgS06LJvxbKjrVged6MT9nXvsUHwzTxGZKXlqpyMkoh&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">candidates took aim at China</a>: <strong>Gov. Scott Walker</strong> of Wisconsin called on <strong>Mr. Obama</strong> to cancel a state visit by the Chinese leader, and <strong>Mr. Trump</strong> warned that Beijing would “bring us down.”</p></div> </li> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p>And <strong>Jeb Bush</strong>, whose campaign <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACKQh1JEPAsZdfyc9wlrSq35yzYtU4heo6wcWH/CvMXRkHpeqHQK3ztl2g8fSOKpgRZsC32lCqXWnY4LV7yyGf6yyboikHil1+ZvzlYkBthdeUW6voJM0hHgkeoYLUzCAdA==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">is seeking ways</a> to curb spending, <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACPLKh239P3pgbtNRJ+dpD59KgE1b92jrxD73Qbgy0FGkMvJHQ/CaXpC3jJs03cO9TGMpJCcnttZaIJdMjdgFGaMt/AdfmnKa6cuaGy4kz94oN5/BKuCY3boHtWAlECm/NUMItSL2fcUypD4NItLKP3w=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">is beginning to punch back</a>, hard, against attacks from <strong>Mr. Trump</strong>.</p></div> </li> </ul> </div> <!-- end #bullets --> <div id="text4" class="section text" style="font-family: nyt-franklin,arial,helvetica,sans-serif; padding: 20px 0; padding-bottom: 20px; border-top: 1px solid black; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0 0 10px 0;">Rail Crossing at Border Races to Completion Amid Talks of Wall</h2> <div style="font-family: georgia,times,serif; font-size: 16px; line-height: 28px;"> <p>Amid all the talk of using walls, drones and guns to bolster security at the southern border, a historic project to tie the United States and Mexico closer together has been racing toward completion.</p> <p>On Tuesday, <strong>Penny Pritzker</strong>, the secretary of commerce, will travel to Brownsville, Tex., to inaugurate the first new rail crossing between the countries in more than a century.</p> <p>The $100 million project has been in the works since 2004 and is intended to move goods more efficiently across the border. The West Rail International Bridge is one of several new developments that Ms. Pritzker has been promoting to help ease trade with Mexico, the United States’ second-largest trading partner.</p> <p>The new bridge comes as Republican presidential candidates have been taking hard lines on immigration and seemingly competing with one another over who would build a bigger wall faster.</p> <p>Ms. Pritzker said in an interview that the countries were increasingly taking steps to share intelligence at the border, and she said that smuggling and illegal crossings had declined as trade had ramped up.</p> <p>“For too long we’ve been thinking about the U.S.-Mexico relationship being one about security,” Ms. Pritzker said, adding that trade had created jobs and growth to both countries. “I wish we spent more time talking about how we grow our economic bond,” she said.</p> <p><em>– Alan Rappeport</em></p> </div> </div> <!-- end #text --> <div id="bullets_big3" class="section upcoming" style="border-top: 1px solid black; padding: 20px 0; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0;">What We’re Reading Elsewhere</h2> <ul style="margin: 10px 0 0 0; padding: 0; font-size: 16px; font-family: georgia,times,serif;"> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p>An initiative while <strong>Mr. Bush</strong> was governor of Florida to spend $500 million enticing Scripps Research Institute to expand in the state, depended, <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVjySg8XSPwhYRluBsZfcDajd5ix+BCYzmHwzSduN4GFNkPI1RIHJBoIzTscBQhgad+bPg8+zD0mc8sRXK9sdmtUiltCWWN9rp2Id9gmnx6jg==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">The Los Angeles Times reports</a>, “on the type of generous government subsidy that many conservatives now frown upon” and “failed to deliver the blockbuster biotech cluster Bush promised.”</p></div> </li> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p><strong>Mr. Trump</strong>’s campaign, <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVY9JId7aeEQ7gMpappEcLjham4JlD8ymhH+DqI69RD2+T0CtI8cQY14fTf8BwRVkeIJtSSqRKMDfiiaZ4xv1aqbzyu7ftNqF0=&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">The New Yorker suggests</a>, has tapped into a “confederacy of the frustrated — less a constituency than a loose alliance of Americans who say they are betrayed by politicians, victimized by a changing world, and enticed by Trump’s insurgency.”</p></div> </li> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p>Central to <strong>Mr. Biden</strong>’s deliberations of whether to run for president are the <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KUri8snyRou4e/l8HLWsQZmNyK58Y+9uhzlAK/uMdFW5dNdZvMSqfs6Uo6jS7rzLZ3jAg4OKolRfx29y9eAdc/CECqnXsMtPS5V5rYXJAoKRRNGwRNM5Kq/70aEPtSR4Kj3O6e4lnx/O6bBS3qxHOweOLQbPRiQzEW22sy0x0/F5r32MV+WOsxFdhzII7oR5r5vGbwqU/SCpOew1LxZwY7S&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">considerations of his family</a> so shortly after the death of his son <strong>Beau,</strong> The Washington Post reports.</p></div> </li> <li style="padding: 0; margin: 0 0 15px 0; font-size: 16px; line-height: 28px;"> <div class="item-description" style="text-decoration: none;"><p>The Boston Globe calls it <a href="http://p.nytimes.com/email/re?location=pMJKdIFVI6qOAuQq12K2AfRnmJk/X7+xGBpK/ylrRuyMJaVB5bxtHKbBS3qxHOweoA+eFHdgZrA74yDAbBlTOiflP9VG5dkdIXWW48QiZMg6tMFw/r7Re9nm+oQQoEzdRdyk30xIP+Ik0ErRnlXXKHgnn3d3FbSAoyj4gKdjJPSJkKwxH4vK/Q==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">the new poll tax</a>: the fact that many coming presidential debates will not be aired on free television, but only on cable.</p></div> </li> </ul> </div> <!-- end #bullets --> <div class="ad hide-from-text-version" style="border-top: 1px solid black; padding-top: 20px; padding-bottom: 15px;clear:both;text-align:center;"> <div style="text-align:center;font:10px Arial, sans-serif;color:#ccc;padding-top:5px;padding-bottom:5px;">ADVERTISEMENT</div> <!-- ADXINFO classification="Med_Rec_-_Standard" campaign="nyt2015_300x250_em_TimesJourneys_selectnewsletters" priority="1190" isInlineSafe="N" width="300" height="250" --><div align="center"> <a href="http://www.nytimes.com/adx/bin/adx_click.html?type=goto&opzn&page=email.nytimes.com/us/politicsemail/html&pos=Position3&sn2=9a54d5d4/132948d3&sn1=da777183/80c616a6&camp=nyt2015_300x250_em_TimesJourneys_selectnewsletters&ad=CRS-4995_TimesJourneys_New_300x250_retina_a.png&goto=http%3A%2F%2Funbouncepages%2Ecom%2Ftimes%2Djourneys%2Dbrochure%2Dnovember%2D2014%2F" target="_blank"> <img src="http://graphics8.nytimes.com/adx/images/ADS/40/28/ad.402883/CRS-4995_TimesJourneys_NewCatalog_ER1_300x250_retina_a.png" width="300" height="250" border="0"> </a> </div> </div> <div id="text3" class="section text" style="font-family: nyt-franklin,arial,helvetica,sans-serif; padding: 20px 0; padding-bottom: 20px; border-top: 1px solid black; text-align: left; clear: both;"> <h2 style="font-family: nyt-franklin, arial, helvetica, sans-serif; font-weight: bold; font-size: 18px; margin: 0 0 10px 0;">Trump Advises ‘You Are Better Off Holding’ as Markets Rattle</h2> <div style="font-family: georgia,times,serif; font-size: 16px; line-height: 28px;"> <p><strong>Mr. Trump</strong>, who is always happy to opine on matters of finance, said he possessed the prescience to unload much of his investment portfolio before the stock market took a dive in the past week.</p> <p>For those with less foresight, he has this advice: Hold your stocks, don’t sell them.</p> <p>“People have taken a big hit,” he said in an interview on Monday. But, he added, “You are better off holding.”</p> <p>Mr. Trump’s logic is that it would be a cruel fate for investors who have already lost money in the latest market gyrations to sell off stocks only to watch the market rebound, as it historically does.</p> <p>“I’d hate to see it come back, and they end up with the short end of both deals,” he said.</p> <p>“It’s a tough story,” Mr. Trump said.</p> <p>The time to sell, he added, was around a month ago. “I would have said sell, if you asked me this question three or four weeks ago.”</p> <p>The real estate developer said he has never concentrated much of his wealth in stock, a fact confirmed by the personal financial disclosures he filed as a presidential candidate in July.</p> <p>With stocks, he said: “You are so much in the hands of other people. You are in the hands of government and people who run companies.”</p> <p>Mr. Trump’s July disclosure revealed a wide range of stock investments in companies like Apple, Bristol-Myers Squibb, and Kinder Morgan, the energy company.</p> <p>But during the interview, he said he had sold off many of his stocks, without quantifying how many he still owned.</p> <p>“I had a feeling things were bad,” he said. “I had a feeling we were too reliant on Asia.”</p> <p>With that, Mr. Trump excused himself. He needed to tape an interview with <strong>Bill O’Reilly</strong>.</p> <p><em>– Michael Barbaro</em></p> </div> </div> <!-- end #text --> <div id="footer" class="hide-from-wordpress" style="border-top: 1px solid #000; padding: 20px 0; font-family: nyt-franklin, arial, helvetica, sans-serif; font-size: 12px;"> <p>First Draft is sent weekdays before 7 a.m. and is updated throughout the day at <a href="http://p.nytimes.com/email/re?location=4z5Q7LhI+KVBjmEgFdYACG6LS8HPxdH8MwGDDvScVT4X3iS9n4WVPg==&campaign_id=7779&instance_id=62074&segment_id=76444&user_id=30a142167a399d9be2c1b7c32e192bd2®i_id=63304329">nytimes.com/firstdraft</a>. Check back throughout the day for continuing updates. </p> <p>And please, tell us how we’re doing. 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