Kamala Harris Taps Tim Walz As US Vice President Candidate

Highlights

Kamala Harris chooses Tim Walz as her Vice Presidential running mate.
Walz's progressive policies and strategic appeal could have influenced Harris's decision.
The crypto industry is looking for Walz's potential stance on digital assets.

US Democratic presidential candidate Kamala Harris has reportedly decided to pick Minnesota Governor Tim Walz as her Vice Presidential candidate. The upcoming U.S. Presidential election has been one of the hottest talks in town, with soaring buzz over the Trump Vs. Harris battle. Now, with the latest reports of VP Harris tapping Walz as her running mate, the market is further buzzing with anticipation.

Kamala Harris Taps Tim Walz As VP Candidate

A recent CNN report showed that the U.S. presidential candidate Kamala Harris has made her decision for her running mate in the upcoming U.S. election. The report, citing four people familiar with the matter, noted that VP Harris is betting on Tim Walz as the VP candidate.

The latest decision by the US VP is seen as a strategic decision by many, given Walz’s backing towards progressive policies. Besides, his background as an educator and former congressman from a conservative-leaning district also adds to his appeal. However, the latest report noted that VP Harris has not made any formal call to the Minnesota Governor, according to a source.

Meanwhile, the Minnesota Governor has also noted significant attention from the democrats with his latest moves. For instance, his legislative achievements, including expanding social welfare programs, and progressive measures like abortion rights and marijuana legalization, among others, have gained notable traction.

In addition, his endorsement of VP Harris after President Biden’s withdrawal from the election race has further boosted the sentiment. Also, his sharp criticism against Donald Trump and his VP pick Vance, calling them “weird”, has also put him in the spotlight lately.

Meanwhile, a flurry of earlier reports today has indicated that the US Vice President has already made her decision. However, there was no confirmation in any of the reports, with anticipation soaring over Josh Shapiro and Gary Peters as the potential candidates.

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Implications For The Crypto Market

Walz, who is currently serving his second term as the governor, has been vocal against Donald Trump and the Republicans. Notably, he has also received support from some Congress members like Minnesota Rep. Angie Craig, and Washington Rep. Pramila Jayapal, among others.

Meanwhile, Kamala Harris’s VP pick has also appeared to be coming in as a surprise for the Republicans. According to several reports, the focus was more on Josh Shapiro, Mark Kelly, and Gary Peters.

However, the crypto market is also exploring potential implications with Tim Walz as the VP candidate for the upcoming US election. Although he hasn’t directly spoken on cryptocurrency yet, under his term, Minnesota has introduced stringent regulation against crypto ATMs.

In addition, several reports indicate that he also backs stringent crypto regulations. Previously, Rep. Wiley Nickel sent a letter urging the democratic party to pick a VP candidate who is friendly and has knowledge of the digital assets sector.

The investors are keeping close track of any crypto-related comments from the reported VP pick, given the increasing buzz of crypto in the upcoming election. Donald Trump’s pro-crypto stance, and Kamala Harris also turning soft towards the digital assets has taken the digital assets space by storm so far.

Also Read: Ronin Network Bridge Faces Hack With $12M Ethereum, USDC Stolen

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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