The 119th U.S. Congress has officially taken the oath of office, with Republican dominance for the first time in six years. Mike Johnson, backed by Trump, has been re-elected as Speaker of the House with a vote of 218-215. 🏛️
Brad Garlinghouse, CEO of Ripple, praised the new Congress as "the most crypto-friendly Congress in history." He also emphasized that cryptocurrency projects in the U.S. have greatly benefited from Trump's victory, with XRP and ADA prices soaring.
The XRP community is hopeful for change at the SEC, as the new head may bring more positive outcomes for the ongoing lawsuit with Ripple. 🚀