Garlinghouse: Clarity Act must clear Senate in two weeks or odds drop sharply!

Ripple CEO Brad Garlinghouse told Consensus 2026 in Miami Beach that the Digital Asset Market Clarity Act faces a narrow window — if the Senate Banking Committee doesn't schedule its markup hearing this month, he said, "the likelihood is going to drop precipitously." He still believes passage is probable, but the next two weeks are pivotal.

The bill cleared a key sticking point last week when senators released compromise language on stablecoin yield, drawing broad acceptance from crypto insiders — though a coalition of banking groups called the deal insufficient. Garlinghouse was candid: "Do I think it's perfect? Hell, no. There's tradeoffs and compromises, but clarity is better than chaos."

His deeper argument is about durability. SEC Chair Paul Atkins has already shifted agency posture toward crypto, but without statute, a future chair can reverse course. Codifying market structure…