Ripple chief executive Brad Garlinghouse thinks that President-elect Donald Trump is already making a positive impact in the US even before taking over the White House.
Garlinghouse says on the social media platform X that the impact of President-elect Donald Trump’s victory in November is even more dramatic for Ripple due to the firm’s longstanding legal battle with the U.S. Securities and Exchange Commission (SEC).
[adinserter block="1"]“Today:
75% of Ripple’s open roles are now US-based, while over the last four years, the vast majority of hires were outside the US
We signed more US deals in the last six weeks of 2024 (since the election) than the previous six MONTHS.
Team Trump is already jumpstarting innovation and job growth in the US with Scott Bessent, David Sacks, Paul Atkins and others at the helm, and they aren’t even in office yet! Say what you want, but the ‘Trump effect’ is already making crypto great again – through his campaign, and in the Administration’s day one priorities.”
Scott Bessent is Trump’s nominee for Treasury Secretary. The hedge fund manager previously worked as a partner at Soros Fund Management.
Sacks will serve as Trump’s White House AI (artificial intelligence) and Crypto Czar. The Silicon Valley venture capitalist previously served as PayPal’s chief operating officer (COO) and has made high-profile investments in AirBnB, Palantir, Postmates, Reddit, Slack, SpaceX, Twitter, Uber and other big-name tech companies. He’s also a crypto supporter.
Atkins is Trump’s new pick to chair the SEC. He’s a former SEC commissioner and the current chief executive of Patomak Global Partners, a financial services consultancy firm.
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