Sen. Warren tells Fed and Treasury: No bailout for crypto billionaires

Sen. Warren tells Fed and Treasury: No bailout for crypto billionaires

Sen. Warren said that a bailout for cryptocurrency investors could "directly enrich" President Donald Trump and his family's company, World Liberty Financial.

Warren To U.S. Government: “No Bailouts For Crypto”

U.S. Senator Elizabeth Warren, a Democrat from Massachusetts, called on the Treasury Department and the Federal Reserve to confirm that they will not use taxpayer funds to support cryptocurrency investors or firms.  In a letter sent Wednesday to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell, Warren warned that any government intervention could transfer wealth from taxpayers to wealthy crypto investors. “Your agencies m…

Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report

The longtime crypto critic warned against using taxpayer dollars to rescue investors and firms amid the current market slide.

Warren warns Fed, Treasury against crypto bailout

Senate Banking Committee ranking member Elizabeth Warren, D-Mass., warned the Treasury Department and Federal Reserve in a Wednesday letter not to bail out cryptocurrency companies in the wake of sharp declines in digital asset values over the last several months.

Sen. Warren Warns Against Taxpayer Support for Crypto Investors During Market Crash

Warren urges Treasury and Fed to reject taxpayer-funded crypto bailout plans. Bitcoin’s nearly 50% drop since October has triggered losses for major industry figures. Warren warned that government intervention could benefit wealthy crypto investors and WLFI. Sen. Elizabeth Warren called on the US Treasury Department and the Federal Reserve to confirm they will not use taxpayer funds to support cryptocurrency investors amid the ongoing market pul…

Senator Warren Warns Fed Against Bitcoin Crash Rescue Amid Liquidity Pump Claims

U.S Senator Elizabeth Warren has come out to warn the Federal Reserve, in conjunction with the Treasury, not to pump in liquidity to save the current Bitcoin crash. She said this could only make crypto billionaires richer at the expense of taxpayers. Warren Calls for Hands-Off Approach as Bitcoin Crash Continues As reported by CNBC, The post Senator Warren Warns Fed Against Bitcoin Crash Rescue Amid Liquidity Pump Claims appeared first on CoinGa…