SEC Chair’s Shocking White House Apology to Ripple CEO

According to Garlinghouse, the moment unfolded like a particularly awkward episode of a political soap opera. As the meeting on digital asset policy drew to a close, Gensler approached him with the enthusiasm of a man who’d just remembered he’d left the oven on. “He comes up to me and says, ‘Sorry, I was wrong,’” Garlinghouse recounted, still clearly rattled. One can only imagine the internal monologue of Gensler at that moment: “I’ve spent four years arguing this was a securities violation. Now I’m apologising to a man who once threatened to tweet me during a deposition. This is worse than my tax audit.”




