Biden

Joe Biden

Kamala Harris

A senior adviser to United States President Joe Biden is leaving the White House, reportedly to join a political action committee (PAC) supportive of prospective 2024 presidential candidate Kamala Harris.
In a July 30 statement, President Biden <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/07/30/statement-from-president-joe-biden-7/" target="_blank" rel="noopener nofollow">suggested</a> that his adviser Anita Dunn would be leaving the White House in the near future. A Washington Post report <a href="https://www.washingtonpost.com/politics/2024/07/30/anita-dunn-biden-harris-2024/" target="_blank" rel="noopener nofollow">said</a> she will join the Democratic-focused Super PAC Future Forward as a senior adviser and its partner organization Future Forward USA Action as an adviser. 
According to Open Secrets, the Future Forward PAC (FF PAC)&nbsp;<a href="https://www.opensecrets.org/political-action-committees-pacs/future-forward-usa/C00669259/summary/2024" target="_blank" rel="noopener nofollow">focuses</a>&nbsp;on Harris’ campaign to defeat Republican nominee Donald Trump in the November election. The Super PAC reportedly plans to commit at least $300 million to support Harris, while Dunn will work on campaign-related efforts.
<h2 id="crypto-contributions">Crypto contributions?</h2>
On July 10, Dunn, acting in her personal capacity, <a href="https://cointelegraph.com/news/lawmakers-biden-adviser-crypto-leaders-roundtable">met with representatives</a> of crypto firms and US lawmakers at a roundtable event to discuss digital asset regulation. The event marked one of the first times White House staff engaged directly with the crypto industry following President Biden’s <a href="https://cointelegraph.com/news/united-states-president-joe-biden-veto-sab-121-crypto-accounting-rule">veto of a resolution</a> to overturn a Securities and Exchange Commission rule requiring banks to record crypto as a liability on their balance sheets.
It’s unclear whether Dunn’s activities at the PAC will involve crypto. Before the 2022 US midterm elections, executives at FTX, including former CEO Sam Bankman-Fried,&nbsp;<a href="https://cointelegraph.com/news/justice-department-delay-forfeiture-ftx-sbf-political-donations">contributed to Future Forward</a> as part of efforts to support Democratic candidates. Some of the funds may be subject to forfeiture by a court.
Related: <a href="https://cointelegraph.com/news/democrats-kamala-harris-crypto-platform-elections">Kamala Harris presents an opportunity for Democrats on crypto, say lawmakers</a>
Under US Federal Election Commission guidelines, PACs are essentially not <a href="https://www.fec.gov/help-candidates-and-committees/candidate-taking-receipts/coordinated-communications/" target="_blank" rel="noopener nofollow">permitted</a> to directly coordinate their activities with political candidates. Cointelegraph could not contact a spokesperson for the FF PAC. As of July 31, the committee did not appear to accept donations in cryptocurrency.
Funds allocated by crypto-focused PACs may impact the 2024 elections, both for the US presidency and congressional seats. The Fairshake PAC affiliates Defend American Jobs and Protect Progress <a href="https://cointelegraph.com/news/protect-progress-super-pac-supports-arizona-democrats">used more than $2 million</a> on media buys to support Democratic and Republican candidates running for House seats in Arizona, which held its primaries on July 30.
Magazine: <a href="https://cointelegraph.com/magazine/crypto-voters-are-already-affecting-the-2024-presidential-election/">Crypto voters are already disrupting the 2024 election — and it’s set to continue</a>

Biden adviser who attended crypto roundtable joins pro-Harris Super PAC

Tabla de contenidos

Cointelegraph

Otros artículos publicados el 31 jul 2024

ZKX Protocol Shut Down Operations Due to Economic Challenges

Polymarket: Ethereum price will not hit all-time high in 2024

Google and CSIRO join forces to further advance AI in Australian research

Can PePe Moonraker ($PMRK) Outperform Baby Doge Coin? The Presale Could Be Your Best Bet!

Paris Stock Exchange Down: Crucial Week for Markets

WienerAI ICO Raises $7.1 Million Amidst Hype for AI Trading Bot

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!