Kamala Harris to consider Gary Peters as running mate: Report
Kamala Harris is reportedly considering Michigan Sen. Gary Peters as her running mate in 2024, according to a new article from Axios.
The news outlet said the push to consider Peters has come primarily from unions, and the addition of the Michigan senator could bolster Harris' ticket in the battleground state.
Axios said Peters is interested in taking the position and is currently trying to shore up support from fellow Democrats for the vice presidential run.
Where does Gary Peters stand on crypto?
According to Stand With Crypto, a non-profit political advocacy group, Peters is “vehemently against crypto.” The charity said the senator has co-sponsored the Digital Asset Declassification Act of 2023, but cited his support for repealing SAB-121, a provision that would have required banks to record digital assets they hold on behalf of clients. Debts on their accounts.
Related: What crypto policies can voters expect from potential VPs under Kamala Harris?
The Money Laundering Act of 2023 focuses on curbing the use of crypto as terrorist financing. When the bill was introduced, Peters wrote to National Security Adviser Jake Sullivan to address the issue:
“Given the clear and present threat to the funding of these and other militant organizations, we urge the administration to provide more details on its plans to prevent the use of crypto for terrorist financing.”
Kamala Harris is still tight-lipped about her crypto stance.
Although cryptocurrencies have risen to the national spotlight and become a political campaign issue, Kamala Harris has remained largely silent on the potential future policy decisions of digital assets by the Harris administration.
Entrepreneur Mark Cuban expressed optimism that Harris is “much more open” to business and innovation than is widely believed by the voting public, and Riot Platform CEO Jason Les expressed doubts that Harris would deviate from the current policies of the Biden administration.
Meanwhile, congressional Democrats wrote to Harris to encourage dialogue with the Democratic Party's hostility to crypto and the digital asset industry.
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