Ripple CEO Brad Garlinghouse criticized Senate Democrats on September 15 after the CLARITY Act failed to advance in a key procedural vote. Garlinghouse argued that political opposition had taken priority over clearer crypto policy for U.S. consumers and the digital-asset industry.
1/ This one stings. Our team gave everything we had to get the Clarity Act across the finish line. So did most of the industry. This was an opportunity bigger than Ripple or one company – we did this for the industry, for consumers and to cement the US’s position as the crypto…
— Brad Garlinghouse (@bgarlinghouse) September 15, 2026
The Senate vote ended 49-50, falling short of the 60 votes required to move the legislation forward. The bill sought to establish a federal framework for digital assets and clarify responsibilities between the SEC and CFTC. The failed vote leaves the industry without the broader statutory framework it had been seeking, while negotiations in Washington remain unresolved.
Garlinghouse said Ripple will remain engaged with regulators, pointing to SEC Chair Paul Atkins and CFTC Chair Michael Selig as officials who can continue developing rules while Congress remains stalled. He also said Ripple’s business continues to see demand across traditional finance and digital assets, adding that the setback does not alter the company’s global expansion or customer activity.
Source: https://x.com/bgarlinghouse/status/2099943667473543484
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