David Plouffe to Join Kamala Harris’ Campaign Team as Senior Adviser
David Plouffe, a trusted advisor to former President Barack Obama known for his crypto expertise, is gearing up to join Vice President Kamala Harris’ campaign team as a senior advisor, as per a recent report by Politico. Plouffe, who served as the top advisor to Obama, will be one of the most senior members of Harris’ team, bringing with him a wealth of experience from managing Obama’s successful 2008 campaign and playing a pivotal role as a White House senior advisor during the 2012 reelection.
Plouffe to Contribute Insights on crypto
This significant personnel change comes after weeks of speculation and lobbying for fresh perspectives within Harris’ campaign team, inherited from President Joe Biden. In his new role, Plouffe is putting his popular podcast, The Campaign Managers, on hold to focus on his duties in Harris' team. While continuing to work with his private sector clients, Plouffe will be stepping away from his advisory role with TikTok.
Back in September 2022, Plouffe joined binance’s Global Advisory Board, chaired by former U.S. Senator and Ambassador to China, Max Baucus. The purpose of the board, as outlined by binance, is to provide guidance on the intricate regulatory, political, and social challenges faced by the rapidly evolving crypto industry.
Kamala Harris Urged to Clarify crypto Stance
The Official Monetary and Financial Institutions Forum (OMFIF) has recently emphasized the need for leading Democratic candidate Kamala Harris to articulate a clear agenda regarding the crypto sector to maintain competitiveness against Republican nominee Donald Trump in crucial battleground states.
Harris has been advised to avoid ceding ground to Republicans due to her current hesitancy to engage with blockchain technology. OMFIF suggests that Harris must outline her own stance on cryptoassets to avoid surrendering the narrative entirely to her political opponents. While Harris may be perceived as more receptive to cryptocurrencies than her predecessor, Joe Biden, she has mostly refrained from extensive discourse on the subject.
Conversely, Donald Trump has been vocal about his support for cryptocurrencies, going as far as proclaiming his intentions to establish the U.S. as the “crypto capital of the planet” during the bitcoin 2024 Conference in Nashville.
As the U.S. presidential race gains momentum, Harris faces mounting pressure to clarify her stance on crypto to resonate with voters and effectively navigate the dynamic landscape of digital assets.
