The senior economic advisor to President Joe Biden and former Ripple Labs board member, Gene Sperling, is departing from the White House to join Kamala Harris’s 2024 presidential campaign. President Biden made the announcement on August 5th about Sperling's decision to leave the administration. Sperling has been a vital senior advisor in the Biden administration since 2021. This strategic move, coming around three months before Harris’s campaign, is viewed as a calculated step against prominent candidate Donald Trump.
Influence of Cryptocurrencies in Political Campaigns
Gene Sperling's history with Ripple’s board in 2015, along with his past roles as an economic advisor in the Clinton and Obama administrations, are considered significant assets for Harris’s campaign. The departure of Sperling could potentially impact Harris’s stance on cryptocurrencies.
Furthermore, reports suggest that David Plouffe, a former member of Binance‘s global advisory board, will also be lending support to Harris’s campaign. Anita Dunn, with direct ties to the cryptocurrency sector, is anticipated to become part of a political action committee that focuses on Democrats.
Harris’s Approach to Cryptocurrency
The official stance of Harris’s campaign on Blockchain and cryptocurrencies is yet to be clearly defined. However, campaign officials are set to participate in a roundtable discussion with crypto companies and U.S. lawmakers this week. The formation of a concrete policy by Harris on cryptocurrencies and Blockchain technology could play a pivotal role in the upcoming elections.
Forecasts suggest that cryptocurrencies will emerge as a prominent topic among leading party candidates in the 2024 U.S. elections. On July 27th, Donald Trump addressed the Bitcoin 2024 conference, making several commitments regarding cryptocurrencies and Blockchain. Conversely, Harris’s campaign has yet to adopt a clear position on crypto assets.
The vice president is expected to unveil her chosen running mate by August 6th. Possible candidates include Pennsylvania Governor Josh Shapiro, Arizona Senator Mark Kelly, and Minnesota Governor Tim Walz. Sperling’s decision to join Harris’s campaign marks the most recent personnel shift from the White House to Harris's team following Biden’s announcement on July 21st that he would not seek re-election.
This article was first published on COINTURK NEWS: Gene Sperling Joins Kamala Harris’s 2024 Presidential Campaign
The original source can be found on COINTURK NEWS.
