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Chris Larsen Endorses Kamala Harris for 2024 Presidential Election

Sep 6, 2024
  1. Business Leaders Supporting Kamala Harris
  2. Crypto Industry's Connection to the Election
  3. Role of Cryptocurrencies in Politics

Chris Larsen, the co-founder and executive chairman of Ripple, is among numerous corporate leaders who have publicly endorsed Vice President Kamala Harris for the 2024 presidential campaign.

Business Leaders Supporting Kamala Harris

As reported by CNBC on September 6, Chris Larsen signed a letter along with other significant figures such as Aaron Levie of Box, Yelp CEO Jeremy Stoppelman, Snap chairman Michael Lynton, and former 21st Century Fox CEO James Murdoch.

Crypto Industry's Connection to the Election

Former Ripple board member Gene Sperling, who has been part of Ripple since 2015 and served as an economic adviser in multiple U.S. administrations, recently joined Harris’ presidential campaign team. Politico also noted that David Plouffe, another adviser with cryptocurrency ties, has aligned with Harris’ campaign.

Role of Cryptocurrencies in Politics

Ripple CEO Brad Garlinghouse speculated that regardless of the election outcome, significant crypto regulators like SEC Chair Gary Gensler would step down. The Harris campaign announced the acceptance of crypto donations through the Future Forward political action committee. Similarly, former President Donald Trump, another presidential candidate, has expressed strong support for cryptocurrency, aiming to position America as a global crypto hub.

The intersection of cryptocurrency leadership and U.S. politics underscores the growing relevance of digital currencies in mainstream political discourse.

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