Analyst: Harris's nomination is unlikely to face strong opposition

ChainCatcher News, Rich Weiss, Chief Investment Officer of Multi-Asset Strategies at American Century Investments, stated that President Biden's decision not to run has plunged the U.S. into uncharted territory. While Biden's support for Vice President Kamala Harris may compel Democrats to back her, delegates are actually free to support the nominee of their choice. Weiss noted that two and a half weeks in this election cycle feels like an eternity. However, Weiss believes that Harris's nomination as the Democratic presidential candidate is unlikely to face strong opposition.