Chris Larsen, co-founder and executive chairman of Ripple has publicly announced his support for the Democratic nominee Kamala Harris to enter the office in the 2024 U.S. presidential election. In a letter of endorsement obtained by CNBC on Friday, Larsen was among 88 other business leaders declaring their formal support for Harris.
Notable Signatories of Support for Harris
Among other A-list corporate chiefs signing in support of Harris were:
Jeremy Stoppelman, Yelp CEO Tony James, Blackstone COO Magic Johnson, billionaire athlete and investor Michael Lynton, Snap chairman Dustin Moskovitz, Facebook co-founder Peter Orszag, Lazard CEO Aaron Levie, Box CEO The letter emphasizes that Harris needs to be elected because that would mean “the strength, security, and reliability of our democracy and economy.” They signatories to the letter believed that Harris would continue to support sensible and stable policies that will benefit business and the rule of law.
Mark Cuban Praises Kamala Harris as “Pro-Business”
Among the notable signatories was billionaire and crypto investor Mark Cuban. The latter has been quite outspoken in his support of the Harris candidacy. After her acceptance speech on the Democratic National Convention floor, Cuban turned to social media in admiration for her pro-business policies:.
“Kamala Harris is pro-business,” Cuban said in a post on X. “She’s redefining the Democratic Party, not the other way around. She’s her own person, not an ideologue.”
Kamala Harris Versus Donald Trump: Crypto and Economic Policy
As the race for the presidency begins to heat up, a number of national polls currently show Harris leading her Republican candidate Donald Trump by three points. Trump has taken quite a hard stance on cryptocurrency, having recently announced his plans for a family-backed crypto platform-a move positioning him as a leader in the blockchain space.
But it yet remains to be seen whether Harris’s softer stance on digital currencies will win over undecided voters in the tech and blockchain industries. While she has not taken a hard public position to date on crypto regulations, there are indications that she may offer more lenient policy than the current administration.
