Garlinghouse and Bessent Make Final Push for CLARITY Act Passage

Ripple CEO Brad Garlinghouse urged the US Senate to pass the CLARITY Act, calling it 'a serious policy deal' rather than a compromise.

Garlinghouse, in a statement, praised Treasury Secretary Scott Bessent for his support of the bill, saying that 'the world is watching and voters are watching. Now is the time to vote yes.'

The CLARITY Act aims to ensure US leadership in innovation and protect community banks. Garlinghouse emphasized that Senators have worked hard for the final crypto bill text and should not treat it as something they are merely 'settling for.'

Bessent echoed Garlinghouse's sentiments, stating that the crypto bill is 'essential to ensuring America wins the global race for new technology.'