Mon Sep 09 14:38:00 UTC 2024: ## Harris Gains Crypto Support: Ripple Co-Founder Leads 88 Executives Endorsing Vice President
**WASHINGTON, D.C. -** Vice President Kamala Harris has received a significant boost of support from the business world, with 88 prominent executives, including Ripple co-founder Chris Larsen, endorsing her presidential bid. The letter of support, released ahead of the first presidential debate, highlights Harris’s appeal within the business community and emphasizes her commitment to creating a stable and fair business environment.
Larsen’s endorsement is particularly noteworthy, as Ripple remains a major player in the cryptocurrency industry. His support adds a unique crypto angle to Harris’s backing from the corporate world. Other high-profile names on the list include Aaron Levie of Box, Jeremy Stoppelman of Yelp, and Michael Lynton, chairman of Snap.
The letter, organized by Harris supporters Roger Altman, Blair Effron, Ken Chenault, and Ursula Burns, states that electing Harris is “the best way to support the continued strength, security, and reliability of our democracy and economy.” It points to her work alongside President Biden in advancing policies that promote business investment and competitiveness on the global stage.
The endorsement arrives just days before the first presidential debate, where both Harris and her opponent, Donald Trump, are vying for support with competing economic proposals. Harris has proposed increasing the capital gains tax rate for high earners while offering tax relief for small businesses. Trump, on the other hand, has proposed cutting the corporate tax rate to encourage domestic production.
This display of support from the business community, including key figures from the tech and finance industries, gives Harris a significant advantage ahead of the debate and the upcoming election.
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