Ripple CEO shares his ‘first 100-day’ checklist for Trump

Ripple CEO Brad Garlinghouse outlined what he believes should be part of President Donald Trump’s first 100-day agenda for crypto.

Trump’s victory in the 2024 US elections has ushered in not only a pro-cryptocurrency president, but also the most pro-crypto lawmakers in the House and Senate. While crypto is in a celebratory mood as Bitcoin (BTC) pushes prices higher, the general consensus is that this is just the beginning of an upswing for the sector.

However, ensuring clarity in the legislation is among the most important priorities of the sector. In his congratulatory message to Trump, Ripple CEO Brad Garlinghouse outlined what he sees as some of the things the president can do to turn things around in his first 100 days.

Genes of Fire

At the top of the list is fulfilling one of Trump’s campaign promises: firing U.S. Securities and Exchange Commission Chairman Gary Gensler “on day one.” Garlinghouse suggests replacing Gensler with a more crypto-friendly candidate; He names Dan Gallagher (Robinhood’s chief legal officer) Christopher Giancarlo (former chairman of the Commodity Futures Trading Commission) and Brian Brooks (former acting controller of the currency) as potential successors.

“These would be major advances in rebuilding the rule of law (and reputation) at the SEC,” Ripple CEO shared on X.

In his victory speech following Tuesday’s election, Trump expressed his determination to unite the nation and drive change.

In his ‘first 100 days’ checklist, Garlinghouse wants the president to bring together Republicans and Democrats to “move the digital asset market structure bill forward in the Senate.”

It is especially noteworthy that the US House of Representatives passed the bill in May 2024.

The last item on Garlinghouse’s list is about Ethereum (ETH). Ripple’s legal battle with the SEC from December 2020 to July 2023 challenged claims that XRP (XRP) was a security and ultimately resulted in a favorable court decision. As the SEC approved Ethereum exchange-traded spot funds in May, Garlinghouse could not resist a sharp comment aimed at the regulator.

“And finally, similar to XRP and BTC, can we get some clarity that ETH is not a security, right?” he wrote.