LinkedIn co-founder Reid Hoffman has donated $7 million to the leading pro-Biden and Harris super PAC, showing his strong support for Vice President Kamala Harris. He believes that Harris has a chance to become the first woman president of the United States. However, Hoffman has suggested that Harris should replace Federal Trade Commission Chair Lina Khan if she wins in November, as he believes Khan is not helping America and is operating outside the scope of her job. Progressives like Sen. Bernie Sanders and Sen. Elizabeth Warren have praised Khan and criticized Hoffman’s involvement in trying to influence Harris’s decisions.
Despite criticism from some progressives, even some Republicans like Ohio Sen. JD Vance have expressed support for Khan. Hoffman, who sits on the board of Microsoft, has clashed with the Khan-led FTC on antitrust matters, leading to tensions between the two parties. Khan has been commended for protecting consumers, workers, and entrepreneurs from corporate abuse, as well as her efforts to lower prices for essential goods. The FTC spokesperson confirmed that Khan would be honored to serve in a potential Harris administration, showcasing bipartisan support for her leadership in the agency.
Hoffman has also praised Harris’s economic policies, referring to her as a more pro-business candidate than Trump. He believes that Harris’s approach is better for business stability, unity, and the rule of law. Despite the Biden-Harris campaign’s proposed tax and tariff increases, Hoffman believes that these moves are less important than ensuring a stable business environment. He has also criticized Trump for not respecting the rule of law, posing a threat to business. Hoffman’s comments have drawn criticism from the Trump campaign in the past, but he has stood by his support for Harris and his views on economic policies.
Following an incident involving a public quarrel with tech billionaire Peter Thiel, Hoffman expressed regret for using the word “martyr” in relation to Trump, wishing instead to speak against physical violence in politics. He also shared his preference for a potential Harris VP pick, highlighting various Democrats as strong contenders. Hoffman believes that two women on the ticket would be empowering and reflective of the party’s commitment to women’s rights. He also mentioned the possibility of Harris selecting a business leader like Mark Cuban as her running mate, which he sees as a bold and positive move for her campaign.
