9min chapter

Bloomberg Intelligence cover image

Biden Drops Out, Harris Gains Support

Bloomberg Intelligence

CHAPTER

Political Landscape and Potential Impacts of a Harris Presidency

The chapter discusses Vice President Kamala Harris's gaining support after President Biden's withdrawal from the election race and predicts the potential impacts of a Harris presidency on sectors like banks, EVs, big tech, and taxes. It delves into Vice President Harris's consumer protection measures and potential regulations against big corporations, with focus on implications for sectors like finance and renewable energy under different presidential candidates. The chapter also explores the potential outcomes for tax policies and reform under different election scenarios, including the impact of a gridlocked Congress on tax reform.

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