Capitol Gains

Why Elon Musk has inserted himself in the 2024 Election


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The 2024 White House race is a toss-up between Vice President Kamala Harris and former President Donald Trump. As the campaigns continue to push on in these final weeks, we have our eyes on both candidates to see if they can make any more headway with undecided voters. Will Harris’s Fox News interview move the needle? Can Trump’s billionaire backers and tax promises push him to the finish line? We get into it.

In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down how the candidates are spending their time in these final days of the election cycle and hone in on Elon Musk and his support for the Trump campaign.

“Musk has a lot riding on the election,” Werschkul says. In recent days the tech mogul turned social media CEO put 75 million dollars into his super-PAC supporting the Trump campaign. “He wants influence here and he’s putting a big bet on his ability to get it.”

Later in the episode, Akuffo, Werschkul, and Newman are joined by Rachel Snyderman, Managing Director of Economic Policy from the Bipartisan Policy Center, to discuss expiring tariffs, expiring tax cuts, and a potential “fiscal armageddon.”

Watch more episodes of Capitol Gains here.

Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed.

Thoughts? Questions? Fan mail? Email us at [email protected]

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Capitol GainsBy Yahoo Finance

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