​​Harris to replace Biden as Democrat nominee – which sectors to watch?​

​​​Potential policy landscape under a Harris presidency

​Vice President Kamala Harris's potential ascension to the presidency in the 2024 election could bring both continuity and subtle shifts in US policy direction. While many sectors may see a continuation of current policies, some areas could experience renewed focus or slight adjustments. This article examines the potential implications of a Harris presidency across various policy domains.

​Overall policy continuity

​A Harris administration would likely maintain many of the policy stances of the current Biden administration. This continuity would be evident across sectors such as banking, electric vehicles (EVs), technology, and healthcare. The preservation of existing policies suggests that major industries should not expect drastic changes in their regulatory environments.

​Environmental and energy policies

​Under Harris's leadership, environmental policies would likely remain a priority. The administration would be expected to:

• ​Continue enforcing strict vehicle emission limits
• ​Maintain support for electric vehicle tax credits established by the Inflation Reduction Act
• ​Further promote clean energy initiatives and infrastructure development

​These policies align with Harris's demonstrated support for environmental causes and could benefit companies in the renewable energy and EV sectors.

​Technology and telecommunications

​In the realm of technology and telecommunications, a Harris presidency would likely:

• ​Maintain scrutiny of big tech companies, particularly regarding antitrust concerns
• ​Support data privacy legislation, with a focus on protecting children online
• ​Continue current regulatory approaches to broadcasters and broadband internet providers

​While Harris might not push as strongly for repealing big tech's liability shield as some other potential candidates, the tech industry should still expect ongoing regulatory attention.

​Financial regulation and consumer protection

​Harris's background as California Attorney General suggests a potential shift towards increased consumer protection in financial regulation. This could involve:

• ​Greater focus on consumer-related issues in banking and finance
• ​Possible expansion of foreclosure protection laws
• ​Continued scrutiny of major financial institutions

​However, the extent of these changes would largely depend on Harris's appointments to key regulatory positions.

​Healthcare policy

​In healthcare, a Harris administration would likely:

• ​Push for further implementation of the Affordable Care Act (Obamacare)
• ​Continue efforts to expand healthcare access and affordability

​Tax policy

​While maintaining many current tax policies, a Harris presidency might place greater emphasis on:

• ​Tax relief for lower-to-middle-income consumers
• ​Potential adjustments to corporate tax rates, though major overhauls are unlikely

​The role of Congress

​It's important to note that regardless of who wins the presidency, Congressional gridlock could significantly limit the scope of potential policy changes. Many of Harris's policy goals would require legislative support, which may be challenging to secure in a divided government.

​Conclusion – evolution not revolution?

​A Kamala Harris presidency would likely represent more of an evolution than a revolution in US policy. While maintaining continuity in many areas, Harris might bring renewed focus to consumer protection, environmental issues, and healthcare access. However, the true extent of policy changes would depend not only on Harris's priorities but also on the composition of Congress and her choices for key regulatory positions.