Kamala Harris releases policy platform details — No mention of crypto

Democratic presidential nominee Kamala Harris released details on her economic policy plans before a scheduled debate with Donald Trump.
Democratic presidential nominee Kamala Harris released details on her economic policy plans before a scheduled debate with Donald Trump.

Democratic presidential nominee Kamala Harris has released new details on her policy plans ahead of the 2024 United States presidential election. While the platform includes plans to prioritize innovation in the US economy, she did not explicitly mention digital assets or blockchain technology.

In an update to the “issues” page of the Harris-Walz campaign website on Sept. 9, the Democratic ticket highlighted several policies differentiating itself from Republican nominee Donald Trump’s campaign. The official Republican platform — under the leadership of Trump’s daughter-in-law — included language on “champion[ing] innovation” using crypto, while the Harris campaign focused on policies to benefit the middle class.

Source: Taylor Barr

According to the Democratic nominee, Vice President Harris and her running mate Tim Walz aim to create a “fairer” tax system that will prioritize investment and innovation in the US economy. The campaign added it would ensure that “America, not China,” remained a leader in innovative industries, including artificial intelligence and semiconductors.

The Harris platform, titled “A New Way Forward,” was one of the latest policy announcements since the campaign unveiled its plan to fight price gouging and “keep inflation in check” on Aug. 16. The Democratic nominee entered the race on July 21 after US President Joe Biden said he would not seek reelection in 2024, serving only one term.

Crypto in an election year

Possibly due to the truncated timetable of the Harris campaign before Election Day on Nov. 5, some experts have suggested that the Vice President may not directly contradict the approach the Biden administration has taken on crypto. However, many Democratic lawmakers and candidates favoring pro-crypto policies have rallied behind Harris, claiming there was an opportunity to fight back against public perception of the party as holding a “negative viewpoint on digital assets.” 

Related: Kamala Harris’ campaign isn’t directly accepting crypto — a Super PAC is

As of Sept. 9, most of the Harris campaign’s messaging around digital assets has come from senior adviser Brian Nelson, who said the Democratic candidate would “support policies” for the industry’s growth. In addition, some Biden administration officials with backgrounds in crypto firms have left to join the Harris campaign or supportive political action committees. 

With 57 days until US Election Day, many polls show Harris and Trump neck and neck nationwide and in several battleground states necessary for securing an Electoral College victory. The two presidential candidates are scheduled to meet in person for the first time on Sept. 10 for a debate on ABC News.

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