Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Key Republican calls for emergency funding to Israel...
Key Republican vows Israel has ‘bipartisan support’ in...
Thune warns Iran should return to negotiating table...
Biden-appointed judge blocks Trump’s move to only allow...
WH maintains Trump consistent in firm stance on...
FBI Director Patel says man who threatened Trump...
Trump’s approach to Africa lauded by top Republican...
Senate hearing on who was ‘really running’ Biden...
Iran warns US joining conflict would mean ‘all-out...
In Iran’s ‘forever war’ against the US, regime...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

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

You may also like

Left-wing movie director Oliver Stone rips Democrats’ ‘lying’...

April 7, 2025

Trump has Christmas message to ‘Radical Left Lunatics,’...

December 26, 2024

Trump’s tariff threats go beyond ‘trade agreement’ to...

December 9, 2024

Harris dodging flip-flop attacks as faceless surrogates flip...

August 15, 2024

With 7 days until voting starts, ‘election season’...

August 30, 2024

Trump says Turkey ‘did an unfriendly takeover’ in...

December 17, 2024

With 17 days until voting starts, ‘election season’...

August 20, 2024

Javier Milei first world leader to meet with...

November 15, 2024

Denmark PM says ‘you cannot spy against an...

May 10, 2025

One month of Trump reminds Americans what we’ve...

February 20, 2025

Recent Posts

  • Key Republican calls for emergency funding to Israel amid worsening Iran conflict
  • Key Republican vows Israel has ‘bipartisan support’ in Congress amid worsening Iran conflict
  • Thune warns Iran should return to negotiating table ‘if they’re smart’
  • Biden-appointed judge blocks Trump’s move to only allow two genders on US passports
  • WH maintains Trump consistent in firm stance on Iran nukes — and shows off receipts

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Categories

    • Business (788)
    • Investing (2,341)
    • Politics (2,900)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.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 © 2024 Sightful Invest. All Rights Reserved.