Ripple CEO Brad Garlinghouse testified before the U.S. Senate Banking Committee on July 9, 2025, during a hearing titled "From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets." Garlinghouse advocated for the passage of crypto market structure legislation aimed at clarifying regulator roles, establishing innovation-safe zones, and positioning the U.S. as the global leader in cryptocurrency. He emphasized the urgency for Congress to act to ensure the United States becomes the crypto capital of the world. His testimony was part of a broader discussion involving other industry leaders and former regulators, focusing on the future regulatory framework for digital assets. Additionally, on July 16, 2025, the House Ways and Means Subcommittee on Oversight held a hearing on digital asset tax policy, with Blockchain Association CEO Skye Mersinger and other witnesses calling for modern, workable tax rules to support innovation and compliance in the crypto sector. These congressional activities reflect ongoing efforts to develop comprehensive legislation and regulatory clarity for the digital asset industry in the United States.
Honored to chair today’s @WaysandMeansGOP Oversight hearing on digital assets. To lead in innovation, the U.S. must provide clarity in the tax code and regulatory certainty for digital assets. I appreciate the thoughtful contributions from our witnesses today: @SKMersinger, https://t.co/snRN9VFk3W
WATCH LIVE: House Committee on Financial Services holds hearing on solutions to the housing shortage https://t.co/jhSeorhfzz
HAPPENING NOW: Chair @USRepMikeFlood convenes the Subcommittee on Housing and Insurance hearing entitled: “HOME 2.0: Modern Solutions to the Housing Shortage." https://t.co/wu7mPY2fe9