With industry leaders vying for a place in the White House crypto team, Ripple CEO Brad Garlinghouse has emerged as a clear favorite for a seat on the council.
A Tuesday New York Post report highlights Garlinghouse’s emergence as an easy top candidate to be a member of the committee. Notably, the crypto advisory council will play a major role in shaping the future of digital assets in America.
Garlinghouse in Shortlist for the Hottest Ticket in Washington, DC
An unnamed source revealed that who is also lobbying for a place in the hotly contested advisory seats revealed that more industry leaders are vying for inclusion. Meanwhile, other sources confirmed that the Ripple CEO made the shortlist. Garlinghouse has forged a strong relationship with Donald Trump, meeting with him a couple of times, including in Mar-a-Lago, Florida.
The theme of their meeting remains undisclosed, but speculations have it that it is on a more transparent regulatory environment in the United States, XRP as a national reserve asset, and a place in the advisory team.
The NYP report also mentioned other strong candidates in the star-studded list. Coinbase’s Brian Armstrong, Kraken’s Marco Santori, and Circle’s Jeremy Allaire are among them. Notably, a chunk of the names has supported Trump’s campaign with generous donations.
Competence-Based Selections
Meanwhile, the report highlighted that the selection will hinge solely on competence and experience rather than just supporting the Trump administration. This is because policies forged from the advisory council will shape the digital asset industry in no small way.
For context, the council will determine cryptocurrency’s classification as either a security or a commodity. Notably, this could dictate whether the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) will oversee the sector.
Furthermore, the White House advisory team, headed by crypto and AI czar David Sacks, will create a working regulatory framework and help establish a national strategic crypto reserve.
In his first week in office, Trump signed an executive order creating the council. This move follows his promise to create a conducive environment for cryptocurrencies under his administration.
Ripple CEO: A Worthy Candidate
Meanwhile, reactions have trailed Garlinghouse’s growing certainty of being on the committee. Most respondents view the Ripple boss as a worthy candidate, citing his unwavering commitment to the industry.
Model and crypto proponent Amelie called the development “insanely big,” insinuating it is massive for the XRP ecosystem and the broader digital asset industry.
WOW! 💥
RIPPLE CEO BRAD GARLINGHOUSE IS EXPECTED TO BE CHOSEN ON AN ADVISORY SEAT FOR THE WHITE HOUSE CRYPTO COUNCIL! 🇺🇸
THIS WOULD BE INSANELY BIG! 🙌🏼 #XRP https://t.co/yFusQKfVAI pic.twitter.com/BcWDXCym33
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) February 5, 2025
Another comment highlighted Garlinghouse’s relentless support for the industry, receiving a nod from Linda Jones, a popular financial expert and author. The pundit inferred that the Ripple boss deserved a place in the elevated crypto advisory council.
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