Smart Capital Traders
  • Politics
  • Investing
  • Latest News
  • Stocks

Smart Capital Traders

  • Politics
  • Investing
  • Latest News
  • Stocks
Politics

Legal experts question Harris’ backing from donors with government ties

by admin October 22, 2024
October 22, 2024
Legal experts question Harris’ backing from donors with government ties

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

previous post
Morning Glory: Trump has the momentum, as does the Senate GOP
next post
Harris touts growing up in middle class while pushing mandate most ‘won’t be able to afford’: economist

related articles

‘Just evil’: Top Republican details Russia’s ‘horrific’ mass...

January 25, 2025

Special counsel Jack Smith asks court to halt...

November 14, 2024

World leaders react to Trump victory ‘on history’s...

November 6, 2024

Vance rips Harris in battleground Georgia: ‘Stop telling...

October 27, 2024

US must stand up to terrorists and we...

March 28, 2025

Trump announces new Cabinet deputies as inauguration date...

January 12, 2025

Trump will be ‘very active on the campaign...

December 24, 2024

Trump sends special message to stranded astronauts, jokes...

March 7, 2025

Trump’s picks so far: Here’s who will be...

November 18, 2024

US military shoots down Houthi drones as Trump’s...

March 17, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Most Popular

    • 1

      Retraction of Forecast Financial Information Plus Announcement on New Metallurgical Testwork Results

      October 15, 2024
    • 2

      Bold Ventures Announces Final Closing of Non-Brokered Private Placement and Insider Subscriptions

      October 19, 2024
    • 3

      As North Korea, Iran and China support Russia’s war, is a ‘new axis’ emerging?

      October 25, 2024
    • 4

      Lode Gold Launches Exploration Program at One of the Largest Land Packages in New Brunswick

      October 19, 2024
    • 5

      Emyria and UWA in Partnership to Commercialise Novel Serotonin-Releasing Agents for Mental Health and Neurology

      October 31, 2024

    Categories

    • Investing (1,588)
    • Latest News (1,886)
    • Politics (1,954)
    • Stocks (625)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smartcapitaltraders.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 smartcapitaltraders.com | All Rights Reserved