Ripple CEO Brad Garlinghouse stated at the Consensus 2026 event held in Miami, USA, that "the next two weeks will be a watershed for the passage of the cryptocurrency market structure bill (CLARITY)." According to CoinDesk, he explained, "If the Senate Banking Committee does not proceed with the market structure bill markup, the likelihood of the bill passing will dramatically decrease. If it continues until the midterm elections, it could become too sensitive an issue." He further emphasized, "The market structure bill is absolutely necessary because clarity is better than chaos."