Anthony Scaramucci, former White House communications director, recently stated that a Kamala Harris administration would likely be pro-crypto. In a post on X (formerly Twitter), he suggested that a Harris-led government would sideline anti-crypto figures such as Senator Elizabeth Warren and SEC Chairman Gary Gensler.
Scaramucci’s comments come amid debates over which presidential candidate the crypto community favors more. While Donald Trump has emerged as a preferred candidate, Biden’s potential withdrawal and Harris stepping up as the Democratic nominee have sparked speculation about the Democratic Party’s stance on crypto.
Scaramucci argued that the crypto community should give Harris a chance, pointing out that Trump himself called Bitcoin a scam as recently as 2022 and his administration was not supportive of the industry. He addressed speculations that Harris’s decision not to speak at a recent Bitcoin conference indicates a lack of support for crypto, suggesting her consideration of attending shows an open-minded approach.
“She did not call the shots on crypto policy in the Biden administration. Harris and Warren are not friendly. Gensler will be fired, and Warren will be sidelined as Financial Services Czar in a Harris administration,” Scaramucci said.
Scaramucci’s comments echo recent calls for a bipartisan approach to the crypto industry. Ethereum co-founder Vitalik Buterin recently noted that the industry should not rely solely on candidates claiming to be pro-crypto. Ripple Labs CEO Brad Garlinghouse also suggested that Harris could offer a reset on critical issues like crypto regulation but warned that if she adopts Warren’s rhetoric and retains Gensler, her stance might not differ from Biden’s.
Garlinghouse highlighted the importance of policy proposals over political affiliations, suggesting that premature conclusions could hinder the industry’s progress.
Despite growing interest in Harris’s potential crypto policies, many in the crypto community still see Trump as the best choice. On Polymarket, Trump’s odds of winning are at 63% compared to Harris’s 32%. However, Harris is heavily favored to win the popular vote.