Ripple CEO Brad Garlinghouse is urging U.S. senators to approve the CLARITY Act, noting that the latest version incorporates significant compromises.
His remarks followed statements from Treasury Secretary Scott Bessent, who also supported the bill and highlighted revisions designed to safeguard community banks from stablecoin‑driven deposit outflows.
The Senate is scheduled to hold a procedural vote on the CLARITY Act today, September 15, and the legislation requires a minimum of 60 votes to proceed.
Garlinghouse Calls on Senators to Approve CLARITY Act
Garlinghouse stated that the current version of the CLARITY Act goes beyond a simple compromise; lawmakers have introduced meaningful revisions to achieve consensus. He urged senators to back the bill rather than delay for a flawless outcome.
‘Perfect cannot be the enemy of good,’ he added. Garlinghouse told senators that the negotiated amendments are substantial and merit support.
“The world and voters are watching; now is the time to vote yes,” he said.
His comments followed Senate Republicans’ release of a revised bill containing 126 amendments requested by Democrats, addressing ethics, digital‑asset regulation, decentralized finance, banking and enforcement.
This bill isn’t just a compromise…it’s the product of real, substantive trades policymakers made to get here.
I said this many months ago: perfect can’t be the enemy of good…
and let’s be clear: those trades weren’t small. This isn’t a deal Senators should be ‘settling for’ —…— Brad Garlinghouse (@bgarlinghouse) September 14, 2026
Bessent Highlights Safeguards for Community Banks
Bessent said the CLARITY Act will help the United States remain competitive in digital assets while safeguarding traditional banks. He added that the legislation would give him authority to act if stablecoins prompt deposits to shift away from community banks.
He said he would exercise those powers should stablecoins create risks for community banks, which he considers vital to the U.S. economy.
Community banks have warned that the rise of stablecoins could draw deposits away from traditional banks, limiting their capacity to lend.
Bessent also noted that the CLARITY Act is part of the administration’s strategy to position the United States as a leader in digital assets, following the recent passage of the GENIUS Act, which regulates stablecoins.
Analyst Anticipates XRP Resistance Before $2.20
With lawmakers preparing to vote, XRP traders are monitoring market reactions should the CLARITY Act advance. Analyst Casi observed that XRP has been trading beneath a key resistance level for several weeks while maintaining the 0.5 Fibonacci level, suggesting potential upside.
Casi identifies $1.74–$1.78 as a short‑term target, though XRP may encounter difficulty breaking through that zone. A rejection at this range could trigger a short‑term pullback, though it may not halt the broader recovery.
The analyst notes that $1.65 is the key level to watch; a sustained break above it would improve the outlook, while failure could see XRP retreat toward $1.09 or $0.87.
Casi also foresees a longer‑term target above $2, potentially reaching $2.20. Another analysis projects a target near $2.02 and highlights $1.74–$1.78 as the primary resistance zone.
XRP Recovers Ahead of Senate Vote
XRP has rebounded from its recent decline as traders prepare for the Senate’s vote on the CLARITY Act. CoinMarketCap data indicate XRP trading near $1.40, up roughly 1% in the past 24 hours, and the token has also recovered over the past week, remaining up about 40% over the past month.
If the CLARITY Act proceeds, it could provide XRP with an additional boost. Nonetheless, traders are watching $1.65 and the $1.74–$1.78 range as key levels before anticipating a move toward $2 or higher.