How Kamala Harris is winning over Wall Street

Vice President Kamala Harris’ presidential campaign is courting everyday Americans tired of the country’s affordability crisis. But she is winning over some key figures on Wall Street.

Vice President Kamala Harris’ presidential campaign is courting everyday Americans tired of the country’s affordability crisis. But she is winning over some key figures on Wall Street. Since the whirlwind launch of her presidential campaign after President Joe Biden dropped out of the race in July, Harris has won the support of some prominent Wall Street figures. At times, big business clashed with Biden, whose progressive administration fought mergers and routinely blamed corporate greed for the inflation crisis. So Wall Street’s embrace of Harris, who supported Biden’s policies, was no guarantee. “Harris has a better relationship with Wall Street than even Joe Biden had,” Jeffrey Sonnenfeld, founder and president of the Yale Chief Executive Leadership Institute, told CNN in a phone interview on Tuesday. Harris’ stances on Corporate America and Wall Street are a bit more of a blank slate than Biden. But as a California attorney general and senator, she had a generally more open approach than Biden had with Silicon Valley, where America’s biggest companies reside. And so far, Wall Street titans are opening their checkbooks, bringing her a sizeable pool of money from a part of the economy that in the past has favored Republican candidates. At the Democratic National Convention on Tuesday night, former American Express CEO Ken Chenault strongly endorsed Harris, particularly contrasting her with Donald Trump.