Why It Matters
Ripple Labs Inc. filed an amended lobbying disclosure for the second quarter of 2026. Ripple's lobbying strategy reflects the company's interest in legislation that defines which federal agencies oversee different types of digital commodities and securities.
By the Numbers
Ripple reported $540,000 in lobbying activity for the second quarter of 2026, a substantial increase from the $180,000 it disclosed in its original quarter two filing.
Broader Context
The CLARITY Act proposes to allocate regulatory authority across multiple agencies. The Securities and Exchange Commission would regulate investment-contract assets, while the Commodity Futures Trading Commission would have exclusive jurisdiction over digital commodity spot markets. The legislation would also authorize national banks, financial holding companies, and credit unions to use digital assets and distributed ledger systems. Ripple lobbied on issues related to the Senate Discussion Draft of the Market Structure Responsible Financial Innovation Act (RFIA) of 2025, which shields certain software development activities and nonfungible tokens from federal and state securities laws.
The Bottom Line
The company relies on in-house lobbyists for its efforts, including Policy and Government Relations Professional Sam Dreiman and Global Co-Head of Policy Lauren Belive, who previously worked on the House Rules Committee.
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