Ripple CEO: Don't Kill Crypto Bill

Ripple CEO Brad Garlinghouse is making a last-minute appeal to U.S. senators to advance the Clarity Act. .

In a Tuesday post, Garlinghouse urged lawmakers not to abandon the legislation over remaining disagreements. 

He claims that the current text already contains meaningful concessions made during months of negotiations.

“This bill isn’t just a compromise…it’s the product of real, substantive trades policymakers made to get here,” Garlinghouse said.

The Ripple boss reiterated an argument he made earlier in the legislative process: “perfect can’t be the enemy of good.”

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According to Garlinghouse, the compromises contained in the latest version are substantial enough that senators should not view the bill as something they are merely forced to accept.

Garlinghouse’s comments came in response to Treasury Secretary Scott Bessent, who has also been pressing lawmakers to advance the bill. 

Optimism was palpable before vote

There was a striking burst of optimism surrounding the Clarity Act heading into the vote.

Over the weekend, Republicans unveiled a heavily revised version of the legislation after months of negotiations, incorporating more than 100 substantive changes sought by Democrats. The package included significant movement on one of the most difficult sticking points. 

The breakthrough briefly transformed sentiment surrounding the bill.

Polymarket odds of the Clarity Act becoming law in 2026 surged from the low-20% range to roughly 35% on Sept. 14. 

Crypto executives were also sounding increasingly upbeat.

Galaxy Digital CEO Mike Novogratz declared over the weekend that the bill was not dead. 

That optimism proved fragile. The odds subsequently plunged back toward the high-teens as several Democrats made clear that they remained dissatisfied with the final compromise.

Senator Mark Warner said the changes did not go nearly far enough. Ruben Gallego indicated that the latest proposal still left much to be desired. Senator Elizabeth Warren’s Banking Committee staff has also circulated arguments against the compromise.

The Senate is expected to vote on cloture on the motion to proceed on Tuesday.

Failure on Tuesday would not technically kill the Clarity Act. However, another major delay could make getting the legislation enacted in 2026 substantially harder.