Kamala Harris

Gary

Elon Musk

While there have been reports that US President Kamala Harris has been working on a ‘reset’ with the crypto industry, her actions are completely opposite to where her mouth lies. Per the latest report from Axios, Harris is considering anti-crypto Michigan Senator Gary Peters as her running mate for the year 2024. 
<h2 id="kamala-harris-to-appoint-anti-crypto-senator">Kamala Harris to Appoint Anti-Crypto Senator</h2> 
Eyeing a strong win for the Democrats in Michigan during the upcoming US Elections, Kamala Harris is considering Gary Peters. 
As per stand with Crypto, Peters is majorly against crypto as he supported the Money Laundering Act of 2023 which talked about the use of crypto in illicit terror financing. “Given the clear and present danger posed by the financing of these and other militant organizations, we ask the Administration to provide additional details on its plan to prevent the use of crypto for the financing of terrorism,” he said. 
As per <a rel="nofollow" href="https://www.axios.com/2024/07/29/harris-vp-pick-michigan-senator-gary-peters" target="_blank">Axios</a>, Peters has received support from fellow Democrats for helping his party retain the majority in 2022, despite major headwinds from the Republicans. 
On the other hand, Harris has yet to clear her stand on crypto after becoming the Democratic nominee for the Presidential race. Crypto industry veterans have warned Harris about the anti-crypto stand initiated by Democrats. 
Galaxy Digital chairperson Mike Novogratz has advised Harris to beware of <a href="https://coingape.com/galaxy-ceo-warns-kamala-harris-against-senate-warren-anti-crypto-stance/" target="_blank" rel="noopener">Senator Elizabeth Warren</a> who has been constantly attacking the crypto industry with regulations. Similarly, XRP lawyer John Deaton, who’s fighting the next elections against Warren, said that Kamala Harris should fire SEC Chair <a href="https://coingape.com/xrp-news-deaton-asks-kamala-harris-to-prove-crypto-reset-with-gensler-resignation/" target="_blank" rel="noopener">Gary Gensler</a>. 
Also Read: <a href="https://coingape.com/elon-musk-accuses-democrats-of-importing-voters-endorses-donald-trump/" target="_blank" rel="noopener">Elon Musk Accuses Democrats Of ‘Importing Voters’, Endorses Donald Trump</a> 
<h2 id="will-harris-walk-the-talk">Will Harris Walk The Talk?</h2> 
The <a href="https://coingape.com/us-govt-to-sell-entire-bitcoin-holdings-peter-schiff-predicts/" target="_blank" rel="noopener">Biden administration</a> has recently come under pressure after Donald Trump’s strong outreach to the crypto industry. In his presidential campaign, Trump has made a large number of pro-crypto promises and plans to execute them if he becomes the next US President. Trump has been receiving strong support from crypto industry veterans and investors alike. 
Thus, the Democratic Party is looking to do some course correction here. Donors to the Democratic Party have now been pushing for Harris to speak at the upcoming crypto conference by Blockworks. Thus, the US Vice President is likely to make an appearance at the U.S. politics-focused Permissionless event from October 9 to 11. 
Also Read: <a href="https://coingape.com/gemini-co-founder-warns-about-kamala-harris-big-bluff-to-crypto-industry/" target="_blank" rel="noopener">Gemini Co-Founder Warns of Kamala Harris’ ‘Big Bluff’ to Crypto Industry</a> 
The post <a href="https://coingape.com/kamala-harris-exposed-considers-anti-crypto-sen-gary-peters/">Kamala Harris Exposed, Considers Anti-Crypto Sen. Gary Peters</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Kamala Harris Exposed, Considers Anti-Crypto Sen. Gary Peters

Table of Contents

Coingape News Media

Other articles published on Jul 30, 2024

New Solana Memecoin Trump Fired Biden Will Surge Over 18,000%, While SHIB and DOGE Struggle

Bitcoin Exchange OKX Announced That It Suspended the Listing of This Altcoin!

Meme Coins MOG & BOME Continue Fearless Bull Run Amid Market Pullback

U.S. national debt hits all-time high of over $35 trillion

Render Trades Bearish Amid 100x Raboo’s Dominating Rally Beyond Cardano.

BlackRock: Solana ETF Unlikely Due to Technical Hurdles and Market Concerns

Join our free newsletter for daily crypto updates!