Ripple Labs Names Former Obama Advisor to Board of Directors
Ripple Labs has named a former economic advisor to both former President Bill Clinton and current President Barack Obama to its board of directors. Gene Sperling served as director of the National Economic Council during the Clinton years. He was later made head of the economic advisory group under Obama after serving as an advisor to then-Treasury Secretary Timothy Geithner. He resigned from the directorship of the NEC in March of last year. In a statement, Sperling said that he looks forward to helping promote the Ripple network on a broader scale, noting: "I am excited to join Ripple....
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Ripple Labs has added Michael Barr, a former US Treasury Department official, to its board of advisors. Barr previously served as Assistant Secretary for Financial Institutions under President Barack Obama and as a special Treasury advisor to former President Bill Clinton. Barr also worked in the State Department and the US Supreme Court. He is currently teaching at the University of Michigan Law School. Barr said in a statement: "Our global payments system is badly outdated. I think innovation in payments can help make the financial system safer, reduce cost and improve access and....
Professor of economics at Stanford Graduate School of Business and senior fellow at the Stanford Institute for Economics Policy Research Susan Athey has been named to the board of directors of decentralized payment network provider Ripple Labs. Athey's areas of research include online media, advertising and search, and she notably spoke at the New York bitcoin hearings and at CoinSummit San Francisco about her involvement with digital currencies earlier this year. An authority on digital economics, mathematics and computer science, Athey previously served as an advisor to Ripple Labs. A....
Ripple Labs has been adding more and more high-level officials to its strategic board, and its latest move was to appoint former Yahoo and AOL executive Brad Garlinghouse as its Chief Operating Officer. Garlinghouse became popular in 2006 when an internal Yahoo memo he penned was leaked was published. He also sits on the board of Ancestry.com and became the CEO of Hightail, a file-sharing firm. "There is already incredible momentum for Ripple as a new infrastructure for global payments, and the opportunity to define the actual framework for the Internet of Value is an order of magnitude....
Bitcoin firm Ripple Labs followed the footsteps of other cryptocurrency companies hiring former fed officials to join their group, as they recently welcomed former US State Department official Anja Manuel to their strategic advisory board. In her work at the US State Department, Manuel has been part of the negotiating team for the US-India civilian nuclear accord and contributed to developing US policy toward Afghanistan and Pakistan. At the moment, she also works with former Secretary of State Condoleezza Rice, former National Security Advisor Stephen Hadley, and former Secretary of....
Image via Stanford University. San Francisco-based Ripple Labs, the startup behind the digital payment network Ripple, has appointed a former US State Department official as an advisor. Speaking about her new role, Anja Manuel said she was excited to build on Ripple's "impressive momentum" and looking forward to help it gain international traction. "Ripple is uniquely designed to lower both the costs and risks inherent to domestic and cross-border payment systems," she added. The former US State Department official said: "It has the potential to expand the global economy through increased....