- Crypto executives met Howard Lutnick to discuss Clarity Act passage, U.S. jobs, economic growth, and remaining ethics hurdles.
- Trump urged Congress to pass the Clarity Act, calling it bipartisan legislation that could strengthen U.S. crypto leadership.
- Brian Armstrong and Brad Garlinghouse backed the bill as XRP rose more than 13% following the White House discussions.
President Donald Trump urged Congress to pass the Clarity Act after crypto executives met Commerce Secretary Howard Lutnick. Brian Armstrong, Brad Garlinghouse, Chris Dixon, and Arjun Sethi discussed ethics hurdles and bipartisan support with Lutnick before Trump’s White House remarks.
Crypto Executives Meet Howard Lutnick
According to Eleanor Terrett, the smaller meeting happened before Trump addressed industry leaders at the White House. Armstrong, Garlinghouse, Dixon, and Sethi joined Lutnick for the discussion.
The group focused on the Clarity Act and its potential effects on U.S. jobs and economic growth. They also discussed bringing crypto entrepreneurs and companies back onshore. However, the executives also raised remaining hurdles to passage, including ethics concerns.
They discussed how the White House could help find a bipartisan agreement. Trump later addressed the legislation during remarks at the White House. He called the Clarity Act “very bipartisan” and said many Democrats support it.
Trump Calls for Clarity Act Passage
Trump described the legislation as “very, very powerful structured legislation.” He said it would keep the United States ahead of China and other countries. Meanwhile, Armstrong said Trump’s message was clear after the meeting.
The Coinbase CEO said the administration remains committed to passing the Clarity Act. Armstrong also said 67 million Americans want the bill passed. He urged people to contact lawmakers before the Senate vote scheduled for September 15.
Garlinghouse also highlighted the number of Americans holding crypto. The Ripple CEO said 67 million Americans hold crypto, representing nearly one in four people.
Crypto Leaders Address Ethics Concerns
Garlinghouse said it was good to return to the White House with Trump, Atkins, Selig, and other industry leaders. He highlighted the administration’s focus on digital asset innovation and U.S. leadership.
Meanwhile, XRP rose more than 13% to $1.12 over 24 hours, based on the supplied information. The move followed Garlinghouse’s earlier support for the Clarity Act.
Prediction-market odds for the Clarity Act becoming law in 2026 also increased after the White House meeting. The discussions with Lutnick focused on ethics issues and possible bipartisan agreement.
