TIMES  |  Politics

How Beau Biden Set the Stage For Kamala Harris' Stunning Rise

More than a decade ago, a housing crisis led to Kamala Harris and Beau Biden forging a political partnership that is still shaping the Democratic Party, writes columnist Philip Elliott

2024-08-29  633  中等

Kamala Harris was the state attorney general of California and Beau Biden was in the same role over in Delaware, where so many of the banks she was fighting were based. At the height of the clean-up from the 2008 financial crisis, more than a million California households caught up in the foreclosure wave were struggling to stay in their homes. For Harris to help any of them, she needed backup from Biden, who had oversight over Wilmington, Del., the banking industry's stealth capital. That partnership helped Harris emerge as one of the only political leaders in the country seen as holding bankers accountable for predatory practices.

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