{"id":40079,"date":"2024-10-23T22:22:49","date_gmt":"2024-10-23T22:22:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ripple-ceo-endorses-republican-john-deaton-in-senate-race-against-elizabeth-warren\/"},"modified":"2024-10-23T22:22:49","modified_gmt":"2024-10-23T22:22:49","slug":"ripple-ceo-endorses-republican-john-deaton-in-senate-race-against-elizabeth-warren","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ripple-ceo-endorses-republican-john-deaton-in-senate-race-against-elizabeth-warren\/","title":{"rendered":"Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/10\/Ripple-CEO-endorses-Republican-John-Deaton-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/10\/Ripple-CEO-endorses-Republican-John-Deaton-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/10\/Ripple-CEO-endorses-Republican-John-Deaton-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/10\/Ripple-CEO-endorses-Republican-John-Deaton-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren.<\/li>\n<li>Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues.<\/li>\n<li>Ripple supports Deaton\u2019s campaign while also backing Kamala Harris\u2019s candidacy.<\/li>\n<\/ul>\n<p>Ripple CEO Brad Garlinghouse has thrown his support behind Republican John Deaton in his bid to unseat incumbent Senator Elizabeth Warren in Massachusetts.<\/p>\n<p>Garlinghouse publicly endorsed Deaton in an <a href=\"https:\/\/x.com\/bgarlinghouse\/status\/1848852861771558993\">October 22 post on X<\/a>, saying he \u201centhusiastically and wholeheartedly\u201d backs Deaton due to his work advocating for XRP holders and the broader crypto industry.<\/p>\n<h2>Ripple supports Deaton against Warren<\/h2>\n<p>Deaton, a well-known lawyer, has been a vocal supporter of cryptocurrency and is challenging Senator Warren, one of crypto\u2019s most prominent critics.<\/p>\n<p>Garlinghouse\u2019s endorsement came as no surprise to many, given Ripple\u2019s substantial contributions to Deaton\u2019s campaign despite also contributing $11 million in XRP to a political action committee supporting Democratic presidential candidate Kamala Harris.<\/p>\n<p>Interestingly, despite Ripple co-founder Chris Larsen <a href=\"https:\/\/coinjournal.net\/news\/ripple-co-founder-donates-10m-in-xrp-to-harris-campaign-calls-for-new-approach-to-crypto\/\">recently endorsing Kamala Harris<\/a>, he and the company\u2019s chief legal officer Stuart Alderoty have also donated to Deaton\u2019s Senate run.<\/p>\n<p>Additionally, Ripple is a major donor to the Commonwealth Unity Fund PAC, which has been running media campaigns in support of Deaton and against Senator Warren.<\/p>\n<h2>Clash over digital asset policies<\/h2>\n<p>Crypto regulation has emerged as a significant issue in the Senate race, with Deaton and Warren clashing over digital asset policies during two recent debates.<\/p>\n<p>Warren has accused Deaton of prioritizing the interests of the crypto industry over other critical issues such as immigration and the economy. She has claimed that Deaton\u2019s campaign is beholden to crypto, saying \u201c100% of his loyalty in Washington will be to crypto.\u201d<\/p>\n<p>Deaton, in turn, has criticized Warren for focusing excessively on regulating digital assets and failing to address other pressing concerns. Warren and Securities and Exchange Commission Chair Gary Gensler have become two of the most outspoken critics of cryptocurrency in US government.<\/p>\n<p>With less than two weeks until the US elections, Warren holds a significant lead in most polls, but Garlinghouse\u2019s endorsement of Deaton highlights the growing importance of crypto policy in political debates.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/ripple-ceo-endorses-republican-john-deaton-in-senate-race-against-elizabeth-warren\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues. Ripple supports Deaton\u2019s campaign while also backing Kamala Harris\u2019s candidacy. Ripple CEO Brad Garlinghouse has thrown his support behind [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":40080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40079"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=40079"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/40080"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=40079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=40079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=40079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}