Ripple top Wishlist for Trump, fire ”Gary Gensler”

Ripple’s Chief executive, Brad Garlinghouse, listed the items he thinks President Donald Trump’s first 100-day agenda.

In addition to electing a pro-crypto president, Trump’s win in the 2024 U.S. election also produced the most pro-crypto members of the House and Senate.

Nonetheless, promoting regulatory clarity is one of the industry’s main concerns. In his congrats to Trump, Brad Garlinghouse, the CEO of Ripple, listed some things he believes the president can do to get things started in his first 100 days in office.

Trump’s campaign promise to fire U.S. Securities and Exchange Commission Chair Gary Gensler on “day one” is at the top of the list. Garlinghouse recommends a more crypto-friendly candidate to succeed Gensler, citing former acting comptroller of the currency Brian Brooks, Christopher Giancarlo, the former head of the Commodity Futures Trading Commission, and Dan Gallagher, the chief legal officer of Robinhood, as possible candidates.

Trump pledged to unite the country and promote change after his election victory. According to his ” first 100-day “ checklist, Garlinghouse wants the president to “move the digital asset market structure bill forward in the Senate” by bringing Republicans and Democrats together. The bill was notably approved by the U.S. House of Representatives in May 2024.

Ripple fought the SEC in court from December 2020 to July 2023, contesting claims that XRP constituted security and winning a favorable decision. Garlinghouse couldn’t help but make a scathing remark about the SEC even though the agency had approved spot Ethereum exchange-traded funds in May.