Ripple CEO Applauds New Treasury Secretary, Sees Bright Future for Crypto and Tech
Scott Bessent has been confirmed as the 79th U.S. Treasury Secretary with a bipartisan Senate vote, set to oversee the nation’s $28 trillion Treasury debt and shape fiscal policy.
Ripple CEO Brad Garlinghouse expressed confidence in Bessent’s leadership, predicting he will champion pro-innovation and pro-crypto policies. Bessent’s confirmation follows the departure of SEC Chair Gary Gensler, with industry leaders expecting clearer regulations for digital assets.
President Trump’s administration continues to support cryptocurrency, appointing pro-crypto leaders to key positions, signaling a more favorable environment for crypto and tech innovation in the U.S.
Clever Robot News Desk 31th January 2025
