• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Legal experts question Harris’ backing from donors with government ties

by October 22, 2024
written by October 22, 2024

Vice President Harris has raised some eyebrows over potential conflicts of interest related to the substantial support her presidential run has received from individuals and entities engaged in active business dealings before the federal government.

The Harris campaign tapped law firm Covington & Burling to help vet Harris’ potential running mates and advise the campaign’s transition team. The law firm, which also provided the Harris campaign with financial support and experienced attorneys to defend it, is currently challenging the ban on TikTok in the U.S. passed by Congress and signed by President Biden.

One significant supporter of Harris’ campaign includes Chris Larsen, angel investor and co-founder of cryptocurrency firm Ripple Labs. Larsen, who has given Harris’ campaign committees nearly $12 million, is currently in a protracted legal battle with the Securities and Exchange Commission over whether its cryptocurrency, XRP, should be classified as ‘securities.’ Meanwhile, $1 million of Larsen’s money to the Harris campaign was made in the form of his XRP cryptocurrency.

These are among the handful of examples that elucidate potential conflicts of interest that legal experts say don’t necessarily amount to anything illegal, but do raise questions about Harris’ judgment. 

‘To establish a violation of law — in the main, bribery — prosecutors would really have to prove a quid pro quo,’ Andrew McCarthy, a senior fellow at the National Review Institute and a contributing editor for National Review’s online print publication, told Fox News Digital. ‘These situations are in the capacious category of arrangements that are ethically troubling, and that could be politically damaging depending on how they play out, but that are probably not legally actionable.’

Last week, attorneys from Covington & Burling and other major D.C. law firms, such as Paul, Weiss LLP, hosted a pricey Washington, D.C., fundraiser for Harris. Among the attorneys present were Weiss’ Karen Dunn, Bill Isaacson and Jeannie Rhee, who are currently defending Google in federal court against the Biden-Harris Justice Department. Additionally, the Harris camp tapped Dunn ahead of the September presidential debate to help Harris prep.

‘It’s a conflict of interest if the government is indebted to opposing counsel,’ Jeff Hauser, executive director of the Revolving Door Project, told the New York Post after it reported on the fundraiser. ‘That’s why attorneys should not be allowed to negotiate potential settlements with the Department of Justice if they served as active bundlers, including fundraiser hosts, for that administration.’

Hans von Spakovsky, manager of the Heritage Foundation’s Election Law Reform Initiative, said fundraisers like the one held for Harris last week do ‘raise concerns about the judgment of some of the people involved,’ but Spakovsky also echoed McCarthy’s remarks that there was likely nothing legally actionable.

‘If you are helping a political figure who is the boss of a federal prosecutor who is involved in a case with you, I mean that – to me – does clearly raise a conflict of interest,’ Spakovsky argued. ‘Because if the prosecutors then go easy on your client, there’s always going to be a question of, well, ‘Did they do that because the prosecutors’ ultimate boss in the White House told them to go easy on the defense counsel’s client.’

‘It may not look good and raises concerns about the judgment of some of the people involved,’ Spakovsky concluded. ‘But I don’t see a legal problem.’  

Uber general counsel and Harris’ brother-in-law, Tony West, was also present at last week’s fundraiser, alongside Democrat bigwigs like Eric Holder, a longtime Covington & Burling partner, and former Deputy Attorney General Sally Yates. Holder and West are reportedly in the running to be in Harris’ Cabinet if she wins next month.

Fox News Digital reached out to the Harris campaign for comment but did not receive a response by press time. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Morning Glory: Trump has the momentum, as does the Senate GOP
next post
TikTok parent company dismisses intern who it says ‘maliciously interfered’ with its AI technology

related articles

Department of Justice opens criminal investigation into NY...

May 9, 2025

Trump’s first vice president urges his old boss...

May 9, 2025

White House highlights over $2B in savings from...

May 8, 2025

GOP talk on millionaire tax hike ‘makes no...

May 8, 2025

GOP senators: Congress should vote on Trump’s potential...

May 8, 2025

Trump considers tax hike on Americans making $2.5...

May 8, 2025

Chief Justice Roberts doubles down on defense of...

May 8, 2025

Trump pulls his nomination for DC US attorney,...

May 8, 2025

Trump touts ‘rebuilding and modernization’ of US air...

May 8, 2025

Trump targets Iranian oil with sanctions, increasing pressure...

May 8, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Biden’s former spokesman slams Trump and GOP ‘colluding to impeach’ judges

    March 20, 2025
  • EURGBP and EURCHF: EURGBP has a chance for a recovery

    September 2, 2024
  • CrowdStrike’s IT meltdown: Did it shake up US stock exchanges on Friday?

    July 19, 2024
  • Canada’s Trudeau announces resignation following party pressure amid criticisms of Trump, budget handling

    January 6, 2025
  • IAC approves spinoff of home improvement marketplace Angi

    January 14, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,433)
  • Investing (593)
  • Stock (735)

Latest Posts

  • WATCH: AOC holds Queens town hall as 2028 White House talk swirls

    May 2, 2025
  • Trump’s trade representative pick to appear before Senate Finance Committee

    February 6, 2025
  • Trump trade rep takes bipartisan fire over tariffs as Dem launches bid to halt them

    April 8, 2025

Recent Posts

  • Trump pushes to recover ‘billions of dollars’ of military equipment left behind in Afghanistan withdrawal

    February 26, 2025
  • Following key wins, Trump poised for cabinet completion in record time

    February 23, 2025
  • Trump announces ‘decisive and powerful’ airstrikes against Houthi terrorists in Yemen

    March 15, 2025

Editor’s Pick

  • AUDUSD and AUDNZD: New Weekly Targets and Prices

    October 14, 2024
  • Turkey blocks Instagram following controversy over condolence posts for Ismail Haniyeh

    August 2, 2024
  • Number of injunctions halting Trump policies trounces predecessors by double

    March 17, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock