As U.S. stock markets took a nosedive, news broke on Monday morning that senior economics adviser Gene Sperling was leaving the White House.
Sources told the Associated Press that Sperling was transitioning to Vice President Kamala Harris‘ presidential campaign after President Joe Biden ended his re-election bid and Harris clinched the Democratic Party’s presidential nomination.
While the report couched Sperling’s move as one to “challenge” former President Donald Trump on policy issues, many on social media noted the timing. The Dow, S&P 500, and Nasdaq indexes all dropped in the morning hours amid what The Wall Street Journal called a “global selloff.”
“Heck of a day for Biden’s economic advisor Gene Sperling to leave,” The Daily Mail senior political reporter Charlie Spiering said in a post to X.
Heck of a day for Biden’s economic advisor Gene Sperling to leave
