Ripple CEO Sees CLARITY Act Breakthrough as Window Opens After D.C. Meetings
Senator Cynthia Lummis warned that the bill could be shelved until 2030 if it does not reach the Senate floor by May.
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Senator Cynthia Lummis warned that the bill could be shelved until 2030 if it does not reach the Senate floor by May.
Ripple CEO Brad Garlinghouse said recent meetings and developments have opened a path for the CLARITY Act, and he forecast passage by late May. The article reports that a compromise on stablecoin rewards may help advance the bill, but Senate approval, committee steps and the midterm calendar remain obstacles.
senator expected to release revised CLARITY Act text
Tillis's version of this story ↗
senator mentioned in Garlinghouse’s post about meetings
President who would receive the bill if it clears Congress
senator who met with Brad Garlinghouse
Treasury Secretary whose response preceded Coinbase’s endorsement
senator who met with Brad Garlinghouse
senator who met with Brad Garlinghouse
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