Ripple CEO says pro-crypto candidates won despite US midterm setbacks

Ripple CEO Brad Garlinghouse has defended the cryptocurrency industry’s political standing following the 2026 US midterm elections, saying pro-crypto candidates secured victories across both parties despite Democrats winning control of Congress. Summary Ripple CEO Brad Garlinghouse said pro crypto candidates secured victories across both parties in the US midterm elections despite setbacks for industry backed campaigns. Ripple Chief Legal Officer Stuart Alderoty defended Fairshake’s election performance, citing wins in both the primaries and general election. Fairshake reportedly won 29 of 34 decided races, although several candidates backed by crypto political committees suffered expensive defeats. Ripple executives said the industry would continue working with lawmakers from both parties to establish clear federal rules for digital assets. Alderoty confirmed that political engagement through super PACs, advocacy groups and crypto education initiatives would remain part of the industry’s strategy. In a November 5 post on X, Garlinghouse said lawmakers who support digital assets had won seats on both sides of the political divide and that the industry’s priorities would remain unch...