Top Biden Economic Adviser Joins Harris Campaign as Recession Fears Mount
Gene Sperling's departure from the White House coincides with a major stock market downturn and rising economic uncertainty.
- Gene Sperling leaves his role as Biden's senior economic adviser to join Kamala Harris's presidential campaign.
- The U.S. stock market experienced a significant drop, with the Dow Jones falling over 1,000 points.
- Recent jobs data showed far fewer jobs created than expected, triggering recession warnings.
- Sperling's tenure included managing the $1.9 trillion American Rescue Plan and efforts to combat inflation.
- The timing of Sperling's move raises questions about the economic outlook and Harris's campaign strategy.