A senior economic adviser, Gene Sperling, is leaving the White House to join the Harris campaign as the stock market takes a historic tumble.
A senior economic adviser is leaving the White House to join the Harris campaign as the stock market takes a historic tumble. White House senior adviser Gene Sperling is leaving his administration position to work with Vice President Kamala Harris’ presidential election campaign, The Associated Press reported Monday. Sperling will be a senior economic adviser to Harris’ policy team, the outlet reported.
Business reached out to the White House and Harris campaign for comment. The news came as trading began on Monday morning, with U.S. stocks tumbling, continuing Friday's sharp drop after a global sell-off whacked equities on fears of a U.S. recession. A weak jobs report and shrinking manufacturing activity in the world's largest economy, coupled with dismal forecasts from the big technology firms, pushed the Nasdaq-100 and Nasdaq Composite into a correction last week.
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