Harris proposed a loan plan and supported a cryptocurrency regulatory framework to win the votes of Black men
ChainCatcher news, U.S. Vice President Harris is strengthening her outreach to Black male voters, promising to provide pathways for economic security. Meanwhile, polls show that Trump is gaining support among Black voters. On Monday, Harris proposed a new plan to provide loans to Black entrepreneurs and others facing barriers to financing. According to Harris's campaign outline to attract Black male voters, the plan will offer 1 million loans, with up to $20,000 potentially forgivable.
Harris also pledged to support a regulatory framework for cryptocurrency, providing more investment certainty for 20% of Black Americans who own or have owned digital assets. She stated that she would work with Congress to legalize recreational marijuana and ensure that Black men can start businesses and find employment in the thriving cannabis industry.
A poll conducted by Siena College and published by The New York Times on October 12 shows that about 15% of Black voters say they plan to vote for Trump in this election, an increase of 6 percentage points from 2020. Harris's support among Black voters is higher than President Biden's support before he withdrew from the race in July. Nevertheless, the narrow gap with Trump has Democrats worried that even losing a small portion of Black votes could be a fatal blow to Harris's campaign.