wealth hub

#ripplelobbiestoadvanceclarityactvote Ripple Is Making a Direct Push Ahead of a Pivotal Senate Vote — Here's What's at Stake With a critical procedural vote on crypto legislation just days away, Ripple's top lawyer isn't just meeting with lobbyists — he's asking undecided senators to sit down with everyday crypto holders instead. What happened: Ripple's Chief Legal Officer, Stuart Alderoty, has been visiting the offices of senators who remain undecided or opposed to the CLARITY Act, requesting they meet directly with constituents who hold digital assets. The immediate target is a September 15 cloture vote — not a final vote on the bill itself, but a procedural motion requiring 60 senators to agree just to begin debate. Ripple has cited industry-commissioned figures suggesting the crypto sector supports over 200,000 jobs and tens of billions in economic activity, though those numbers come from an industry-funded study rather than independent government data. Seven Democratic senators have reportedly raised concerns about gaps in the bill's current language, leaving its path to 60 votes uncertain. The CLARITY Act previously passed the House and cleared a Senate committee vote earlier this year. Why it matters: This vote is essentially a temperature check on whether the US Senate is ready to seriously legislate crypto market structure — dividing oversight between the SEC and CFTC — after years of regulatory ambiguity. A successful cloture vote wouldn't finalize anything, but it would signal real bipartisan momentum, which markets have already been pricing into related assets like XRP. A failed vote, on the other hand, would likely reinforce the status quo of enforcement-driven regulation that much of the industry has been pushing back against. With the vote hinging on a handful of undecided senators, will direct outreach move the needle where lobbying dollars alone haven't? $VVV $FF $IOST