US Senate Majority Leader to speak at crypto event for Kamala Harris

Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.

Chuck Schumer, the Majority Leader of the United States Senate and a high-ranking member of the Democratic Party, will reportedly be attending a virtual town hall with crypto advocates in support of Kamala Harris’ presidential campaign.

According to an Aug. 14 Politico report, Senator Schumer will speak at the “Crypto4Harris” virtual event with other US lawmakers and entrepreneurs, including Dallas Mavericks minority owner Mark Cuban. One of the event organizers retweeted a report suggesting that the New York senator would attend and speak.

Since the self-described grassroots group launched on Aug. 6, it has added speakers to the event, including New York Senator Kirsten Gillibrand, North Carolina Representative Wiley Nickel, California Representative Adam Schiff and Democratic candidates across several states. Professionals with expertise in crypto, including Crypto Council for Innovation CEO Sheila Warren, DNA Legacy Blockchain Brokerage co-founder Adilah Holivay and SkyBridge Capital founder Anthony Scaramucci, will also attend.

Harris campaign is making a ‘concerted effort’ on crypto — Circle CEO

Coin Telegraph

Jeremy Allaire discussed his impressions of Harris campaign representatives on crypto after attending a video call with industry leaders, White House officials, and US lawmakers.

Circle CEO Jeremy Allaire reported that representatives from Democratic presidential nominee Kamala Harris’ campaign were making efforts to better understand crypto-related policies going into the 2024 United States elections.

In an Aug. 14 CNBC interview, Allaire said that based on the passage of digital asset-related legislation in the current session of Congress, crypto appeared to be a “purple” issue — i.e., both Democratic and Republican. The Circle CEO said he attended an Aug. 8 video call with White House officials, Harris campaign representatives, and US lawmakers, where industry leaders had the opportunity to ascertain positions on digital assets.

“There is a concerted effort both from the administration and the Harris campaign to really get to know the issues, the players, the industry, the policy issues,” said Allaire. “I think what the industry is looking for very, very clearly is clear statements. Clear statements potentially from the existing White House, and clear statements from Harris as part of her economic policy agenda.”

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