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Vice President Kamala Harris and French President Emmanuel Macron in Paris, France, on Wednesday. Photo: Antoine Gyori/Corbis via Getty Images

The U.S. is now part of an international agreement on cybersecurity that the Trump administration declined to sign up for, Vice President Kamala Harris announced in Paris Wednesday.

Why it matters: 80 countries, along with hundreds of tech companies — including Microsoft and Google — nonprofits and universities have signed the Paris Call for Trust and Security in Cyberspace, established in 2018 to create international norms and laws for cybersecurity and warfare.

Details: The U.S. support of the voluntary Paris Call reflects the Biden administration's "priority to renew and strengthen America's engagement with the international community on cyber issues," per a White House statement.

  • It builds on U.S. efforts to improve cybersecurity for citizens and businesses, the statement continued.
  • This includes "rallying G7 countries to hold accountable nations that harbor cyber criminals, supporting the update of NATO cyber policy for the first time in seven years, and the recent counter-ransomware engagement with over 30 countries around the world to accelerate international cooperation to combat cybercrime."

Of note: The Biden administration announced last month plans to create a bureau of cyberspace and digital policy and a new envoy to oversee critical and emerging technology, pending congressional approval.

The big picture: The Paris Call commitment followed Harris' meeting with French President Emmanuel Macron in Paris on Wednesday.

  • During the meeting, they also "agreed to establish a U.S.-France Comprehensive Dialogue on Space to enhance civil, commercial, and national security space cooperation," Harris' senior adviser and chief spokesperson Symone Sanders said in a statement.

Between the lines: Relations had become strained between the Biden administration and the French government over the U.S.-U.K. submarine deal with Australia, which saw the Southern Hemisphere country scrap a $90 billion submarine deal with France.

  • But President Biden smoothed things over with Macron during a meeting in Rome, where he described the submarine deal announcement as "clumsy."

What they're saying: Macron said during a joint news conference with Harris that his "fruitful" meeting with Biden "paved the way for the coming weeks, months and ... years," per the New York Times.

  • "We were just discussing about the fact that we do share the view that we are at the beginning of a new era, and our cooperation is absolutely critical for this one," he said of his talks with Harris.
  • The vice president added: "I do believe, and I think we share this belief, that we are at the beginning of a new era, which presents us with many challenges, but also many opportunities."

Go deeper: The pandemic has unleashed a cyber crime wave

Go deeper

WH physician: Biden polyp removed during colonoscopy is "benign"

President Biden walking to the West Wing from Marine One on the South Lawn off the White House on Sunday. Photo: Samuel Corum/Getty Images

President Biden had a polyp removed that was a "benign, slow-growing, but thought to be precancerous lesion" after having a routine colonoscopy last week, the White House physician said in a memorandum released Wednesday.

Driving the news: Testing identified it "as a tubular adenoma," which was "similar to the polyp which he had removed in 2008," according to physician Kevin O'Connor's memo, dated Tuesday.

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 2 hours ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.