Kamala Harris picks Tim Walz for US election run. Will it make a difference?
Kamala Harris has chosen her running mate – does she have a chance against Trump?
Kamala Harris’ ascension to the top of the Democratic Party’s ticket for the US presidential election underlines why the choice of running mate matters, says The Guardian. So her pick for vice-president was always going to get more attention than usual.
However, her choice of Minnesota’s governor Tim Walz shows the party’s new-found confidence that it is possible to beat Donald Trump. Walz has proved himself “adept” at winning over moderate Republicans in his home state, while the selection of “a folksy Midwestern man who loves hunting” will make it even harder for the Republicans to portray the Democratic ticket as “extremist”.
Did Kamala Harris choose well?
Not so fast, says The Wall Street Journal. The Harris campaign hopes that Walz’s “plain-spoken personality” and “Midwestern background” will appeal to voters in swing states, including some Trump voters.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
But Walz “has moved Minnesota sharply to the left”. His response to the 2020 riots “will be scrutinised in particular, as poor areas in Minneapolis burned and many business owners lost everything”. Thus Harris’s choice confirms the impression she gave in 2019 “when she ran for the White House as a left-wing Democrat”. That could put off moderate Republicans, who would otherwise have doubts about Trump. Walz’s record as governor of Minnesota means that he “is not without baggage”, says The Economist. And Minnesota isn’t a key swing state: it last voted Republican over 50 years ago.
Still, unlike Pennsylvania’s governor Josh Shapiro, who was seen as Walz’s main rival for the second spot, Walz’s status as “a leading light of the left of the Democratic Party” will help keep the Democrats united and the base enthused.
What’s more, Walz has already won plaudits for being an “energetic advocate for Harris on television”, as well as for his “punchy” attacks on the Republican ticket, some of which have been adopted by the Harris campaign.
This article was first published in MoneyWeek's magazine. Enjoy exclusive early access to news, opinion and analysis from our team of financial experts with a MoneyWeek subscription.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

-
8 of the best properties for sale with indoor gymsThe best properties for sale with indoor gyms – from a four-storey mews house in London’s Knightsbridge, to a 1920s Arts & Crafts house in Melbury Abbas, Dorset
-
Top stock ideas for 2026 that offer solidity and growthLast year’s stock ideas from MoneyWeek’s columnist and trader, Michael Taylor, produced another strong performance. This year’s stocks look promising too
-
Market predictions for 2026: Will Dubai introduce an income tax?Opinion My 2026 predictions, from a supermarket merger to Dubai introducing an income tax and Britain’s journey back to the 1970s
-
The steady rise of stablecoinsInnovations in cryptocurrency have created stablecoins, a new form of money. Trump is an enthusiastic supporter, but its benefits are not yet clear
-
Goodwin: A superlative British manufacturer to buy nowVeteran engineering group Goodwin has created a new profit engine. But following its tremendous run, can investors still afford the shares?
-
A change in leadership: Is US stock market exceptionalism over?US stocks trailed the rest of the world in 2025. Is this a sign that a long-overdue shift is underway?
-
Modern Monetary Theory and the return of magical thinkingThe Modern Monetary Theory is back in fashion again. How worried should we be?
-
Metals and AI power emerging marketsThis year’s big emerging market winners have tended to offer exposure to one of 2025’s two winning trends – AI-focused tech and the global metals rally
-
King Copper’s reign will continue – here's whyFor all the talk of copper shortage, the metal is actually in surplus globally this year and should be next year, too
-
The coming collapse in the jobs marketOpinion Once the Employment Bill becomes law, expect a full-scale collapse in hiring, says Matthew Lynn