After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan. In the end, Trump went for Bessent, and this decision immediately garnered approval from different sectors. Ripple’s CEO Brad Garlinghouse is one of the first personalities to laud the president’s pick, calling incoming Secretary Bessent “a perfect choice.” Many experts have long expected Bessent’s nomination, thanks to…
