Ripple CEO Welcomes Most ‘Pro-Crypto US Congress’ in History
Not without some controversy and tense moments, the 119th US Congress was officially sworn in, with Republicans dominating both chambers for the first time in six years.
Trump-backed Mike Johnson was re-elected as the US House Speaker on the first ballot in a 218-215 vote on Friday.
Many in the cryptocurrency community were quick to praise the new administration, even before Donald Trump’s inauguration later this month, including Ripple’s CEO.
Shortly after the elections in early November, Garlinghouse noted that US-based cryptocurrency projects had benefited the most from Trump’s landslide victory as the Biden administration and the SEC, in particular, had suppressed many such businesses. This was…