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Thread: In Defense of Ripple. A partial list of Financial Oversight Council Members and the current and former employees of those offices who have defended #Ripple and/or $XRP.
2/8
Craig Philips, former Counselor to Secretary of the Treasury Steven Mnuchin, and current Ripple Board Member . Philips developed regulatory framework for the US financial system to answer to Mnuchin. THE SEC ANSWERS TO Financial Stability Oversight Council (FSOC).
3/8 https://www.whitehouse.gov/presidential-actions/presidential-executive-order-core-principles-regulating-united-states-financial-system/
Presidential Executive Order on Core Principles for Regulating the United States Financial System |...

By the power vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Policy

https://www.whitehouse.gov/presidential-actions/presidential-executive-order-core-principles-regulating-united-states-financial-system/
4/8
Former Member of The Federal Reserve System (Conrad Bahlke)
The Comptroller of the Currency (Brian Brooks)
The Chairman of the Securities and Exchange Commission (Andrew Ceresney)
A Member of the FDIC (Brian Brooks)
Chairperson of the CFTC (Chris Giancarlo)
https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/fsoc/about-fsoc
Chris Giancarlo, Former Chairman of the US Future Commodities Trading Commission and Conrad Bahlke, who formerly held a position w/ the Federal Reserve Board, argue XRP is not a security. https://www.iflr.com/article/b1m2pm9g4n65mk/cryptocurrencies-and-us-securities-laws-beyond-bitcoin-and-ether
Cryptocurrencies and US securities laws: beyond bitcoin and ether

Former CFTC chairman Chris Giancarlo and Conrad Bahlke of Willkie Farr & Gallagher discuss Ripple and the application of US securities laws to XRP

https://www.iflr.com/article/b1m2pm9g4n65mk/cryptocurrencies-and-us-securities-laws-beyond-bitcoin-and-ether
7/8
Brian Brooks, Acting Comptroller of the Currency, and current Federal Deposit Insurance Corporation (FDIC) member, speaks about supporting Ripple tech without saying Ripple. 5/6
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