Director of Ripple Heles New Secretary Trade – Expected Pro-Crypto, Pro-Techno Reforms

SCOTT BESSENT, a billionaire protection manager, is now 79. the American Treasury Minister under Trump. Crypto leaders, including Ripple’s chin Garlinghouse, celebrate their pre-innovation attitude, predicting the main policies.

Scott Bensent confirmed as Secretary of the Treasury, signaling the pro-crypto shift

SCOTT BESSENT was confirmed as 79. The American Secretary of the Treasury under the President Donald Trump, after the Bipartisan Senate of Voice from 68-29. 62-year-old Billionaire Protection Manager and the founder of the Key Square Group, the Note of the Nation Management 28 of the Trillion State Market Market and Supervisory Fiscal Policy, Financial Regulations and International Sanctions.

Ripple CEO Brad Garlinghouse congratulated Bessent, categorizing, “Congratulations on the Secretary of the Treasury Scott Bessent! There will be an incredible leader to Americans!” The executive has added:

I am convinced that he would bring a common economic policy, working with the administration and Congress for the cultivation of American technology and crypton’s innovation.

In November 2024, Garlinghouse also expressed strong support for the Nomination of Besent, writing to the Social Media X: “I don’t want to prepare in front of me, but … Scott Bessent is the perfect choice of Donald Trump. There will be the most prostrate, pro -Crypto Treasury SEC we have ever seen. “

It is expected to be angered that it will lead to significant changes in cryptorus policies, especially after the departure of former securities and the Chair of the Exchange (SEC) Gary Garsler. Industry leaders expect to create a clear regulatory framework for digital assets, balancing innovation with the regulation.

President Trump consistently showed support for cryptocution, advocating for policies that encourage innovation in technological and crypto sectors. The Pro-Crypto paragraph of his administration further testifies the nomination of individuals who support digital assets to key regulatory positions. It is significant that SEC saw a shift towards crypto-friendly leadership. Pro-crypto nominated, and Hester Peirce Commissioner, known for favorable views of digital assets, now leads a specialized working group. In addition, the acting SEC Chairman Mark Uyeda expressed support for crypturing, signaling a potential shift in the regulatory landscape.

These developments suggest several environment for innovation in the United States, with expectations of clearer regulations and increased support to the technical sector.