Vice President Kamala Harris has introduced a comprehensive plan aimed at empowering Black men, with cryptocurrency and financial innovation at its core. Her “Opportunity Agenda for Black Men” includes initiatives to ensure Black men involved in digital assets benefit from emerging financial opportunities, while also being protected by regulatory safeguards.
Among the central elements of Harris’s plan is a focus on digital assets, including cryptocurrency. The agenda aims to ensure that Black men who hold digital assets can benefit from financial innovation.
Harris disclosed that over 20% of Black Americans have owned cryptocurrency, and her plan emphasizes consumer protection in the evolving digital financial space.
Unveiled on Monday, this agenda forms part of Harris’ plan to secure key voter demographics ahead of the upcoming November election. In addition to focusing on digital assets, the plan aims to address economic and social inequalities disproportionately affecting Black men.
Key components of the plan include promoting economic growth through forgivable loans of up to $20,000 for Black entrepreneurs, expanding access to capital for small businesses, and creating more job opportunities.
Harris also aims to reduce employment barriers, especially for individuals with criminal records, and advocate for fair hiring practices.
The agenda further includes investments in affordable housing, homeownership, education, and training programs. It also tackles healthcare disparities, expands mental health services, and provides support for Black farmers.
Additionally, Harris is committed to strengthening police reform and protecting voting rights, crucial issues within the Black community.
Harris’ focus on digital assets, including cryptocurrency, follows her recent remarks emphasizing the role of innovative technologies like artificial intelligence (AI) and digital finance in her economic vision, marking her first direct engagement with cryptocurrency as part of her campaign platform.