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Ripple CEO issues statement ahead of Senate vote on September 15

2026-09-05 18:33:06
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Ripple Technology CEO responded to the U.S. Commodity Futures Trading Commission Chairman's tribute to Trump, sparking heated discussions in the community.

Ripple Technology CEO Brad Garlinghouse responded to a tribute post to President Trump from Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), on the U.S. social media platform X. This move attracted widespread attention in the XRP community. Previously, Selig thanked Trump for hosting industry leaders at the White House, while Garlinhouse took the opportunity to reiterate the United States 'ambitions in the cryptocurrency field.

White House Meetings and Regulatory Landscape

Selig posted on Platform X, thanking the President of the United States (@POTUS) for hosting "America's top innovation leaders" at the White House last month. He praised Trump's leadership for laying the foundation for building a "new frontier of finance" on American soil. As chairman of the CFTC, Selig's agency is one of two federal agencies expected to jointly regulate digital assets under pending legislation.

The post mentioned an important meeting held at the White House on August 19, 2026. The gathering brought together key figures in the digital assets space, including Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Ripple Technology's Brad Garinhaus. SEC Chairman Paul Atkins also attended the meeting, making the meeting more meaningful than a simple group photo and with deeper policy signals.

Galinhaus sets clear goals

Galinhaus directly responded to Selig's post. He said he felt "privileged to be in it" and declared that the goal of making the United States the "cryptocurrency capital of the world" was "within reach." He ended his speech with a call to action: "Let's get this done."

This tweet not only expresses personal feelings, but also carries the specific meaning of Ripple Technology in terms of regulatory advancement. At this White House meeting, Trump used the platform to pressure Congress to pass the CLARITY Act. The bill aims to divide the regulatory authority of digital assets between the SEC and the CFTC. Although the bill was passed in the House in 2025, it is still stagnant in the Senate and is expected to be voted on in mid-September 2026.

Publicly praised models and market expectations

Galinghouse's interaction with Selig, which followed another detail from the same White House meeting, has also become a focus of discussion among XRP holders. According to reports, Trump turned to Garlinhouse and said: "Thank you very much, Brad." Crypto commentator John Squire compared the moment to the lack of similar individual acknowledgements from top executives in Bitcoin or Ethereum, pointing out that there is no single CEO for these two mainstream assets who can be individually named and commended.

The timing of this meeting also coincided with the price fluctuations of XRP and changes in the flow of ETF funds. During the period from August 18 to 19, 2026, the XRP price increased by nearly 10%, and the trading price was close to US$1.09. At the same time, the spot XRP ETF recorded an inflow of US$5.81 million on August 18, the strongest one-day net inflow since July 31.

After the meeting, Garinhaus expressed his views on the broader meeting content on the X platform. He pointed out that approximately 67 million Americans currently own cryptocurrencies, accounting for almost a quarter of the total population. He attributed this achievement to the government's positive attitude towards the industry and emphasized that divisions within crypto companies are not conducive to achieving the common goal of regulatory clarity.

Shared goals, not yet over

Galinghaus's response to Selig strengthens the message he has repeatedly conveyed since the White House meeting: He believes regulatory clarity is achievable, but not taken for granted. His words "get the job done" suggest Ripple Technology views the Senate vote on the CLARITY Act as the next real test of its ambitions.

Selig's post placed the White House meeting in a policy narrative about U.S. financial leadership, and Galinghouse's response directly linked this narrative to Ripple Technology's vital interests in the outcome. As Senate voting day on September 15 approaches, markets are closely monitoring the direction of subsequent policies and their far-reaching impact on the digital asset industry.

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