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First Read’s Morning Clips

OFF THE RACES: Trump vs. Univision

From the Wall Street Journal: "Campaigns and super PACs supporting four Republican governors running for president raised at least $2.5 million in legal donations from companies with state contracts or taxpayer subsidies, illustrating potential conflicts of interest that may emerge when candidates exit the primary and return home."

TRUMP: Here's NBCNews.com on his clash with Jorge Ramos.

He said on TODAY that Ramos was "totally out of line."

And here's NBC's Ali Vitali on his rally in Dubuque -- and the jabs he took at Jeb Bush and Marco Rubio.

The New York Times examines how Latino media has covered Donald Trump. "[F]or the Spanish-language press, which has grown in size and influence in politics, the tense exchange was a highly public flexing of muscle against a candidate who many outlets no longer pretend to cover objectively: They are offended by Mr. Trump’s words and tactics — and they are showing it."

BIDEN: On a conference call this afternoon, he'll lobby DNC members on the Iran deal.

A deep dive from POLITICO: "Bill Clinton, according to a person who has spoken with the former president in the last couple of weeks, is “very agitated” by the possibility of a Biden candidacy and incensed at the press hype around a possible bid. Hillary Clinton, Democrats in her orbit tell POLITICO, is less concerned — and several top Clinton campaign officials have told associates they think a Biden bid would energize what has been a fairly lackluster performance by the candidate this far."

BUSH: The New York Times editorial board writes that Bush was "awful" during his appearance at the border.

CARSON: The Wall Street Journal looks at his continually high numbers among Republican primary voters, which suggest that he could have staying power if other candidates flame out.

CRUZ: He had a back-and-forth with Megyn Kelly over mass deportation, telling her she's repeating "the question every mainstream media liberal journalist wants to ask," Hallie Jackson reports.

PERRY: He's reorganizing his Iowa team amid further financial woes.

RUBIO: In an interview with CNBC's John Harwood, he hit back at comparisons between his and Barack Obama's biographies: ""I don't think Barack Obama failed because he was a senator, or because he hadn't been in the Senate long enough. I think he has failed because his ideas don't work."

“With a financial crisis in China rattling global markets, Senator Marco Rubio plans to deliver a major foreign policy speech on Friday outlining how a Rubio administration would more assertively challenge the Chinese, joining leading Republican rivals in pressing this line of attack,” the New York Times says.

SANDERS: The New York Times: "While direct comparisons are difficult at this early stage in the 2016 race, Mr. Sanders’s small-dollar support appears significantly higher than Mr. Obama’s in 2008, and more than any other candidate this cycle."

WALKER: He could face a backlash in Iowa for his comments about China, notes the Washington Post.

OBAMA AGENDA: Watching Wall Street

The latest on the markets, from the Wall Street Journal: "Global markets struggled Wednesday to shrug off fears of a deepening Chinese economic slowdown which have roiled stocks in recent sessions. European stocks opened lower, tracking a late tumble in U.S. markets Tuesday that dashed hopes of a return to stability."

The chaos is throwing the Fed's plans for interest rates into turmoil.

Congressional Republican leaders don't yet have a strategy to stave off a government shutdown over Planned Parenthood.

PROGRAMMING NOTES.

*** Wednesday’s “News Nation with Tamron Hall” line-up: Tamron Hall speaks with both The Daily Beast Columnist and Editor of Democracy: A Journal of Ideas Michael Tomasky and Republican Strategist John Feehery about the latest political headlines; MSNBC Contributor, Host of “The Docket” on Shift/MSNBC, Former Prosecutor, and Criminal Defense and Civil Rights Attorney Seema Iyer on the prep school rape trial; USA Today Immigration Reporter on the latest with the shooting of Kathryn Steinle; and Chef and Restaurateur John Besh on the anniversary of Hurricane Katrina, what the dining scene is like in New Orleans now, and The John Besh Foundation.

*** Wednesday’s “Andrea Mitchell Reports” line-up: NBC’s Luke Russert fills in for Andrea and will interview Greater New Orleans, Inc. President Michael Hecht, Legal analyst Anne Bremner, the Washington Post’s Ruth Marcus, the Wall Street Journal’s Jeanne Cummings and NBC’s Kristen Welker, Katy Tur, Kelly Cobiella and Gabe Gutierrez.

*** Wednesday’s “Live with Thomas Roberts” line-up: Thomas interviews Republican strategist John Feehery and Victoria DeFrancesco Soto about Donald Trump’s Iowa rally and spat with Univision anchor Jorge Ramos, Laura Dunn, Spokesman for family of accuser and former prosecutor Wendy Murphy about the New Hampshire Prep School rape trial, TODAY's Financial Editor Jean Chatzky about what to do with your money during the market upheaval, Lt. General Russel Honore who led Task Force Katrina and HHS Asst. Secy. Karen DeSalvo, who helped establish community health care in the days, weeks and months after Katrina about the 10 year anniversary.