Former President Donald Trump has named Ohio Senator JD Vance (R-Oh.) as his running mate in the 2024 presidential election. Trump was officially named the Republican Party's presidential nominee at the first day of the Republican National Convention (RNC).

Fletcher School of Law and Diplomacy lecturer and “Picking Presidents” author Gautam Mukunda joins Market Domination to discuss the move and how the assassination attempt against Trump may impact the outcome of the election.

"Essentially, this pick signals that Trump has abandoned whatever attempts he might have been making after the assassination attempt to try and be a unifying figure... It is impossible to imagine a less unifying figure than JD Vance," Mukunda says. He notes that there may be two strategies behind Trump's pick for JD Vance. The first may be that the former president is so confident in winning that it doesn't matter who his vice president is. The second strategy may be based on who "has been the most sycophantic towards him, and I stand in awe of JD Vance's skills in that department," he explains.

"You cannot imagine a sharper contrast with the Democratic ticket" in the Trump-Vance campaign, Mukunda states, especially given their stances on abortion and women's rights.

The campaign has been getting attention from high-profile individuals, like Tesla (TSLA) CEO Elon Musk and billionaire Peter Thiel, who is closely tied to Vance. Mukunda stresses how the "Republican Party is the party of financial and corporate elite, and it has been since the day it was founded." However, unlike previous presidential races, this one is unique because there were no Fortune 100 CEOs who endorsed Trump before Elon Musk's recent support.

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This post was written by Melanie Riehl