Ripple CEO Backs CLARITY Act as Lummis Says Democrats Got What They Asked For

• CLARITY Act gains 126 substantive changes as Brad Garlinghouse, Cynthia Lummis, and Democrats remain central to the latest crypto regulation debate
• Cynthia Lummis argues Republicans have addressed major Democratic demands, including new ethics provisions
• Brad Garlinghouse is urging senators to back the bill as the September 15 cloture vote puts US crypto regulation at a critical point

The Clarity Act is now on the verge of entering into its final stretch. As the September 15 cloture vote looms, investors are now keenly watching updates as the Clarity Act continues to draw market attention. In this process, Senator Cynthia Lummis has once again shared her stance, urging senators to approve the bill. She further pointed to the bill’s updated ethics provisions, which address demands Democrats had made during negotiations. At the same time, Ripple CEO Brad Garlinghouse also urged the Senate to approve the bill. Both these comments have come at a time when the Clarity Act’s latest text has been updated, with 126 substantive changes requested by Democrats incorporated into the legislation.

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Lummis Says There Is Little Left to Change

Senator Cynthia Lummis has long been vocal about the Clarity Act. In her latest tweet, Lummis once again urged the Senate to move the Clarity Act forward. She further argued that Democrats have continued to ask for changes, many of which have now been incorporated into the bill.

She shared how the latest version includes 126 substantive changes requested by Democrats. Lummis later argued that Republicans had already made significant concessions and that Democrats should support the latest version rather than continue seeking additional changes.

“It’s becoming clear that some Democrats simply won’t get to yes, no matter what we put in the text. President Trump has now agreed to two historic ethics provisions, provisions these very members demanded. We’ve given you everything you’ve asked for, yet you keep holding the bill hostage, demanding more and more and more. It’s beyond frustrating. There’s nothing left to give.”

The latest draft now includes new ethics provisions that Republicans say reflect substantially all of the Tillis-Gallego proposal, which had been a major point of contention during negotiations. The updated language also gives state attorneys general a role in enforcing the ethics restrictions. This development is crucial, as Democrats had previously raised concerns about the ethics provisions while negotiating the broader crypto regulation framework.

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Garlinghouse Has Now Joined the Clarity Act Debate

In the middle of this, Ripple CEO Brad Garlinghouse has now joined the Clarity Act debate. Garlinghouse, in his latest statement, shared how the crypto legislation bill is not simply a compromise.

He argued that the current crypto legislation bill represents a deal that senators should back, urging them to vote yes. His position also reflects the broader crypto industry’s push for clearer rules around digital assets, although support for the bill is not universal.

The September 15 cloture vote is now here, with the Clarity Act debate intensifying. The real question is whether the updated text can attract enough Democratic support to move forward. The cloture vote itself is procedural and requires 60 votes for the Senate to advance consideration of the bill.

If ultimately enacted, the CLARITY Act could establish a federal market-structure framework for digital assets, making the current Senate negotiations an important moment for US crypto regulation.

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