Ripple has appointed Ex-senior adviser in the White House to its board of directors

Ripple has appointed Michael Warren, a former senior White House adviser during the first administration of former US President Barack Obama, to the company’s Board of Directors (BOD).


Michael Warren, who has served in two presidential administrations, has joined Ripple’s board of directors

Ripple appoints former Obama senior adviser to its BOD

In his statement, Warren said that he wants to “move forward” on crypto regulations alongside Ripple, referring to the company’s ongoing battle with the U.S. Securities and Exchange Commission that has stifled its growth on its home turf.

Warren currently holds the CEO of global consulting firm Albright Stonebridge Group. He also served as director of the National Economic Council during the Clinton administration.

CEO Brad Garlinghouse praised Warren’s achievement in his statement, asserting that his expertise would be an “invaluable resource” for his company.

Warren is expected to help Ripple expand its presence in global markets and drive the adoption of the company’s products as part of its growth strategy.

Ripple appointed JPMorgan Sandie O’Connor to its board of directors in December 2020, which comes just weeks before the company was sued with the SEC. However, regulatory hurdles haven’t stopped former US Treasurer Rosie Rios from joining the company’s board in May 2021.

Ripple’s board of directors also includes former diplomat Anja Manuel, former Advisor to the US Secretary of the Treasury Craig Phillips, SBI Ripple Asia CEO Masashi Okuyama, and economics professor Susan Athey.

Garlinghouse and co-founder Chris Larsen, the other two members, have been charged by the SEC with conducting illegal securities offerings. The court recently denied their moves to dismiss the case.

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