Paul Atkins

Republican

Brad

<ul>
 <li>Ripple CEO Brad Garlinghouse backed Trump’s crypto stance after saying the “Anti-Crypto Army” lost in courts and at the ballot box.</li>
 <li>The Clarity Act is moving through Congress as Trump officials push clear crypto rules, reject a CBDC, and call for crypto activity to return onshore.</li>
</ul>
Ripple CEO Brad Garlinghouse has backed President Donald Trump’s latest crypto policy message after the US leader said his administration plans to build a “future-proof” digital asset market structure that upcoming administrations cannot easily reverse.
Garlinghouse said the “Anti-Crypto Army” lost in the courts, at the ballot box, and under Trump’s leadership. He <a href="https://x.com/bgarlinghouse/status/2059996193384448313" rel="noopener noreferrer nofollow">added</a> that efforts to fight financial innovation never made policy, legal, or political sense. In his view, resistance to crypto protected an older financial system rather than supporting new payment and settlement tools.
<blockquote class="twitter-tweet">
 The “Anti-Crypto Army” was defeated… by the courts… by the voters. And by Trump.
 It never made policy, legal or political sense.
 Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place. <a href="https://t.co/W0VeGBxaYj" rel="noopener noreferrer nofollow">https://t.co/W0VeGBxaYj</a>
 — Brad Garlinghouse (@bgarlinghouse) <a href="https://x.com/bgarlinghouse/status/2059996193384448313?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 28, 2026</a>
</blockquote>
Trump’s statement placed digital asset market structure back at the center of Washington’s policymaking. He said his administration wants to codify rules that keep crypto activity in the United States and prevent regulatory swings that could push builders overseas again. The message also marked his first public comment on market structure since March.
SEC Chair Paul Atkins also supported the shift. He said the SEC had spent too long at odds with new technology and innovation, which pushed entrepreneurs away from the United States. Atkins said that era has ended, and the administration now works with Congress to deliver clearer rules for digital asset markets.
Treasury Secretary Scott Bessent added pressure on lawmakers during a White House briefing. He urged Congress to pass the CLARITY Act and said the bill has bipartisan support. Bessent argued that weak domestic rules have allowed risky activity to grow offshore, while stronger legislation could bring more digital asset business under U.S. oversight.
<h2 id="b-clarity-act-gains-fresh-political-momentum-b">CLARITY Act Gains Fresh Political Momentum</h2>
The CLARITY Act remains the main bill in the market structure debate. It aims to set clearer lines between securities and commodities oversight for digital assets. Supporters say the legislation can give companies better rules, strengthen consumer protection, and keep jobs and investment inside the country.
House Financial Services Republicans said the House passed the CLARITY Act because America cannot lead in innovation while falling behind on rules. The bill offers certainty for innovators and stronger protections for users as the Senate finishes the process.
Bessent also said the Trump administration has taken the idea of a central bank digital currency off the table. His <a href="https://uk.finance.yahoo.com/news/scott-bessent-wants-congress-pass-032340804.html" rel="noopener noreferrer nofollow">remarks</a> came after a question about privacy and freedom in digital payments. That position aligns with Trump’s broader message that private digital asset markets should grow under clearer rules, without a government-run digital dollar.
The bill has moved forward, yet its path still faces political pressure. The Senate Banking Committee <a href="https://ethnews.com/senate-advances-clarity-act-to-the-floor-after-15-9-bipartisan-committee-vote/" rel="noopener noreferrer nofollow">cleared</a> it earlier this month after all Republican members supported it, and some Democrats joined them. The bill now heads toward the Senate floor, where negotiators must work through remaining disputes and align it with the Senate Agriculture Committee’s version.
Democratic Senators Ruben Gallego and Angela Alsobrooks supported the bill in the committee, but both said their final votes remain open. They want unresolved issues addressed before backing the final package. Their position matters, as Senate passage requires support beyond the Republican caucus.
Senator Elizabeth Warren remains one of the strongest <a href="https://ethnews.com/elizabeth-warren-warns-against-crypto-in-401ks-after-trump-order/" rel="noopener noreferrer nofollow">critics</a> of the legislation. She has argued that the bill does not do enough to address conflicts of interest tied to Trump and his family’s crypto ventures. That criticism keeps the debate focused not only on market rules but also on political accountability.
Meanwhile, Galaxy CEO Mike Novogratz said the CLARITY Act could clear Congress in May and reach Trump’s desk in June. He <a href="https://twitter.com/WuBlockchain/status/2048371083263213778" rel="noopener noreferrer nofollow">argued</a> that the bill matters beyond crypto, as clearer rules could bring more financial products and companies onchain.
The post <a href="https://ethnews.com/ripple-ceo-backs-trump-in-fight-against-anti-crypto-army/" rel="noopener noreferrer nofollow">Ripple CEO Backs Trump in Fight Against “Anti-Crypto Army”</a> appeared first on <a href="https://ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Ripple CEO Backs Trump in Fight Against “Anti-Crypto Army”

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