Vice President Kamala Harris would prioritize small business growth and large industry competition in shaping her own antitrust and regulatory policy if she wins the presidency in November, Maryland's Democratic Gov.
A pro-growth, pro-competition approach to business in a potential Harris administration would mark a striking divergence from the aggressive trust-busting and merger-skeptical principles that have shaped the Biden administration's regulatory agenda.
"As the vice president is thinking about a future-facing administration, there are going to be different dynamics that are going to require different philosophies," said Moore.
"There will be different sociopolitical and just political dynamics that is going to require a different set, a different lens and a different vision."
But his comments could feed the hopes of Wall Street dealmakers who are already optimistic that a potential Harris administration — while firmly rooted in progressive economic traditions — might deprioritize the aggressive antitrust regime that has been a trademark of Biden's presidency.
Persons:
Kamala Harris, Wes Moore, Harris, Moore, —
Organizations:
Maryland's Democratic Gov, Biden, Democratic Party, Citigroup, Deutsche Bank, Robin Hood Foundation, Wall
Locations:
Baltimore, New York
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