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Ripple CEO expects SEC Chairperson Gary Gensler to be ousted regardless of the election outcome

On September 4th, Ripple Labs CEO Brad Garlinghouse predicted that regardless of the outcome of the upcoming presidential election, Securities Exchange Commission (SEC) Chairperson Gary Gensler will be ousted. Addressing US crypto policy in the context of the November election, Garlinghouse said: "Technology should bridge the political divide and I expect cryptocurrencies to become more bipartisan as the election progresses." He noted that while Republicans have taken a more positive stance on cryptocurrencies, some Democratic leaders also see these technologies as key to maintaining US tech leadership.