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Pete Buttigieg speaks in Iowa. Photo: Scott Olson/Getty Images

2020 Democratic candidate Pete Buttigieg would bring the U.S. back into the Iran nuclear deal, rejoin the Paris climate accord and wouldn't currently consider military force in Iran or Venezuela.

The backdrop: Buttigieg, who currently sits around 4th or 5th in most polls, gave his first foreign policy speech today at Indiana University. He said as president he would isolate dictators, prioritize international cooperation — particularly on climate change —  and have a "high bar" for military intervention.

Buttigieg criticized Trump's "erratic" foreign policy, but added: "For the better part of my lifetime, it has been hard to identify a consistent foreign policy of the Democratic party either."

  • He said U.S. foreign policy wasn't oriented toward threats of the future, noting that the current budget allocates as much money for three submarines as all cyber defenses.
  • Buttigieg, an Afghanistan veteran, called on Congress to revoke the 2001 Authorization for the Use of Military Force (AUMF), which has since been used to justify military action all over the world.
  • 1 hot quote: "You will not see me exchanging love letters on White House letterhead with a brutal dictator who starves and murders his own people."

The bottom line: Buttigieg presented American values as central to projecting power around the world and offering an appealing contrast to China.

Go deeper: Pete Buttigieg on the issues, in under 500 words

Go deeper

1 hour ago - Sports

Unvaccinated athletes face 21-day quarantine at Beijing Olympics

Logos for the 2022 Winter Olympics at Yanqing Ice Festival in February 2021 in Beijing. Photo: Lintao Zhang/Getty Images)

Athletes, staff members and journalists at the 2022 Beijing Olympic and Paralympic Winter Games who have not been vaccinated against the coronavirus will be required to quarantine for three weeks, the International Olympic Committee (IOC) outlined in its newly-published "playbooks."

Why it matters: The quarantine period is longer than the Games themselves, meaning vaccinations or an earlier arrival date will be required to participate in or cover the Games.

Dan Primack, author of Pro Rata
4 hours ago - Economy & Business

FTX CEO predicts more U.S. crypto flight

Photo: "Axios on HBO"

FTX doesn't look much like a company valued at $25 billion. Its new headquarters, located in a sleepy part of The Bahamas, is so nondescript as to not even have a sign. But it does expect to soon have neighbors.

Driving the news: Founder and CEO Sam Bankman-Fried tells "Axios on HBO" to expect "more and more crypto flight from the states" if the U.S. doesn't soon create a regulatory regime for cryptocurrencies.

Developed countries reveal $100 billion climate finance plan ahead of COP26

Alok Sharma, head of the UN Climate Summit in Glasgow, speaks in Paris on Oct. 12. ( Li Yang/China News Service via Getty Images)

After 12 years of fits and starts, industrialized nations on Monday put forward a detailed plan to provide at least $100 billion annually in climate aid to developing countries starting by 2023.

Why it matters: The plan, presented by representatives of Canada and Germany, is aimed at defusing one of the biggest sources of tension at COP26, which is the failure of industrialized nations to follow through on their financial commitments.