Harris proposes lending plan and supports crypto regulatory framework in bid to win over black male votes

U.S. Vice President Harris is stepping up her outreach to black male voters, promising to provide access to economic security. Meanwhile, polls show Trump is gaining support among black voters. Harris on Monday proposed a new plan to provide loans to black entrepreneurs and others who face barriers to financing. According to Harris' campaign outline for black male voters, the plan will provide 1 million loans with up to $20,000 forgiven. Harris also pledged to support a cryptocurrency regulatory framework to provide more investment certainty for the 20% of black Americans who own or have owned digital assets. She said she would work with Congress to legalize recreational marijuana and ensure that black men can start businesses and find jobs in the booming marijuana industry. About 15% of black voters said they plan to vote for Trump in this election, up 6 percentage points from 2020, according to a New York Times Siena College poll released on October 12. Harris's support among black voters is higher than President Biden's before he dropped out of the race in July. Still, the narrow margin with Trump has Democrats worried that losing even a small portion of the black vote could be a fatal blow to Harris' campaign. (Bloomberg)