Mark Cubanthe billionaire and minority owner of the Dallas Mavericks in the NBA, has expressed his support for Kamala Harrisbecause he expects a realignment of the Democratic Party under her leadership.
What happened: Cuban praised Harris for her pro-business approach and commitment to supporting the middle class following the Democratic National Convention in Chicago.
Cuban, an early supporter of Harris, praised her for her open-mindedness and non-ideological stance. He also acknowledged her initiatives to support small businesses and entrepreneurs and to reduce costs in the health care, food and housing sectors.
Speaking to Business Insider, Cuban said he wanted an open-minded head of state who would not be an “ideologue” during his term in office.
Read also: Kamala Harris and Donald Trump argue about the autonomy of the Federal Reserve
The billionaire entrepreneur also defended Harris’ economic strategies around subsidies for first-time home buyers and a federal ban on price gouging. He praised her commitment to discussions on healthcare transparency and cryptocurrency regulation.
In a post on X, Cuban said, “Talking to stakeholders is the first step to understanding what makes the economy work (or not), from pricing to growth.”
In contrast to Harris Donald TrumpCuban highlighted Harris’ confidence and willingness to listen to businesses, from small local shops to industry giants.
“One of the things that sets KH apart from the Republican candidates is her confidence. She knows what she doesn’t know and is willing to listen to corporations, from the smallest corner yogurt shop to the giants of industry,” Cuban told the outlet.
Read also
Following the convention, Cuban said on social media that Harris was transforming the Democratic Party with her unique policies.
Why it is important: Cuban’s support for Harris represents a possible shift in the Democratic Party’s economic policy.
His support also underscores the increasing importance of issues such as healthcare transparency and cryptocurrency regulation in shaping the future political landscape.
The impact of Harris’ policies on small businesses and entrepreneurs, as well as on the middle class, will determine the direction the Democratic Party will take under her leadership.
Read more:
Kamala Harris overtakes Trump in key states, young Americans rely on Harris for economic recovery
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