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Kamala Harris has a murky antitrust record. Wall Street sees an opportunity

  • Kamala Harris, the de facto Democratic presidential nominee, has been relatively quiet about how she would approach antitrust issues if she were to win the White House against Donald Trump.
  • Wall Street dealmakers said they think of Harris as a clean slate on big business regulation and a prime opportunity to loosen the regulatory reins of the Biden administration.
  • Though Harris' antitrust stance is still an open question, distancing herself from President Joe Biden's antitrust regime would carry political consequences.

Wall Street dealmakers said they believe Vice President Kamala Harris, if she were to win the November presidential election against Donald Trump, is a clean slate on antitrust regulation and a prime opportunity to loosen the Biden antitrust regime.

"This 'big is bad' hostility [from Biden] will fall by the wayside" in a potential Harris administration, according to White & Case partner George Paul, who advised an attempted merger between Kroger and Albertsons. "I don't think Harris will go that far. I think she's going to take a step back."

Wall Street's hope for more lax regulation under Harris, the de facto Democratic presidential nominee, might suggest a broader view that her stances on corporate regulation are still malleable.

Just over a week into her presidential campaign and just under 100 days until the election, the Harris campaign is constructing an economic platform at warp speed, working to flesh out her position on key policy issues.

So far, Harris has stayed silent on antitrust enforcement, a cornerstone of the Biden administration's big-business crackdown.

"The White House did not look to her to provide support on the competition policy agenda, so maybe she was doing things in the

Read more on cnbc.com