Republican

Future

Biden

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<a href="https://womenin.wsj.com/person/anita-dunn/" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Anita Dunn</a>, a senior adviser to U.S. President Joe Biden, is set to leave the White House, with plans to join a political action committee (PAC) supportive of Kamala Harris, a potential 2024 presidential candidate. President Biden announced Dunn’s departure in a statement on July 30.
According to a report by The Washington Post, Dunn will become a senior adviser at Future Forward, a Democratic-focused Super PAC, and also serve as an adviser to its partner organization, Future Forward USA Action.
Future Forward PAC (FF PAC), according to Open Secrets, aims to support Harris in the upcoming election against Republican nominee Donald Trump.
The Super PAC is reportedly preparing to commit at least $300 million to this effort, with Dunn expected to play a significant role in campaign-related activities.
Recently, on July 10, Dunn participated in a roundtable event with representatives from the cryptocurrency industry and U.S. lawmakers.
This meeting focused on discussing digital asset regulation, marking a rare instance of direct engagement between White House staff and the crypto sector.
READ MORE: <a href="https://www.cryptointelligence.co.uk/polymarket-surpasses-1-billion-in-trading-volume-driven-by-u-s-election-betting-surge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Polymarket Surpasses $1 Billion in Trading Volume, Driven by U.S. Election Betting Surge</a>
This follows President Biden’s veto of a resolution aimed at overturning an SEC rule requiring banks to classify crypto assets as liabilities on their balance sheets.
It remains unclear if Dunn’s role at Future Forward PAC will involve cryptocurrency-related activities.
Prior to the 2022 U.S. midterm elections, executives from the crypto exchange FTX, including former CEO Sam Bankman-Fried, contributed to Future Forward, supporting Democratic candidates.
Some of these contributions are currently under legal scrutiny and may be subject to forfeiture.
Under U.S. Federal Election Commission rules, PACs are not allowed to coordinate directly with political candidates.
As of July 31, Future Forward PAC has not accepted cryptocurrency donations.
Crypto-focused PACs, such as Fairshake PAC affiliates Defend American Jobs and Protect Progress, have previously spent over $2 million on media campaigns supporting candidates from both parties in Arizona’s recent House seat primaries.
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Anita Dunn to Exit White House, Join Pro-Harris PAC Future Forward as Senior Adviser

Crypto Intelligence

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