Ripple CEO Brad Garlinghouse has publicly criticized Senator Cynthia Lummis for canceling a meeting and failing to reschedule it. The meeting, intended to discuss the future of crypto regulation, particularly regarding stablecoins and broader market structure.
According to Garlinghouse, Senator Lummis’ decision to cancel without follow-up is concerning, given her position as Chair of the Senate Digital Assets Subcommittee. He remarked that her absence in these talks is more noticeable because she leads, and Wyoming supports cryptocurrency.
Garlinghouse said it’s unfortunate that lawmakers aren’t engaging enough and mentioned how crucial it is for lawmakers and industry leaders to cooperate. He pointed out that effective crypto legislation can be achieved if those involved in digital asset policymaking are open to communication.
In the statement he posted, Garlinghouse offered Senator Lummis a chance to discuss this issue publicly. He proposed using a live talk or an X-Space meeting to cover important issues in the crypto sector. He also emphasized the Trump Administration’s plans to make the US the top nation in crypto.
Heading to DC to champion sensible pro-crypto legislation around stablecoins and market structure, and I’m very encouraged to see our elected officials look at crypto as it should be – a multichain industry.
That said, @SenLummis, as Chair of the Digital Assets Subcommittee,…
— Brad Garlinghouse (@bgarlinghouse) May 19, 2025
Also Read: Do Not Fall for This – Ripple Issues Warning to XRP Holders
Growing Pressure on Lawmakers to Advance Stablecoin Regulation
While Garlinghouse voiced his concerns, Senator Lummis received praise from fellow lawmakers for her contributions to bipartisan efforts on digital asset regulation. Senator John Thune commended Lummis and Senators Bill Hagerty and Tim Scott for supporting the GENIUS Act, which aims to provide a regulatory framework for stablecoins.
Thune highlighted that bipartisan cooperation remains strong, though he criticized some Democratic lawmakers for stalling progress. To help innovation, he pointed out that balanced laws should be adopted without disrupting the market’s stability.
Garlinghouse’s going public suggests that those in the crypto sector are anxious for the country’s regulations to become clearer so that they can operate confidently. His words represent an opinion many share: that legislative work delays might affect the nation’s competitiveness in technology markets.
The absence of follow-through from Senator Lummis on a key meeting with Ripple’s CEO has drawn criticism at a time when crypto regulation is under intense scrutiny. As bipartisan groups work in Congress, industry executives are urging direct conversation to help develop future digital asset policies in the US.
Also Read: Ripple CEO Celebrates New XRP Feat as Hidden Road Clears First Block Trade on CME
