Home BlockchainWarren Urges Fed and Treasury to Reject Crypto Bailout

Warren Urges Fed and Treasury to Reject Crypto Bailout

by CoinTelegraph
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Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell, urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars.

Warren warned that any potential bailout “would be deeply unpopular to transfer wealth from American taxpayers to cryptocurrency billionaires,” adding that it could also “directly enrich President Trump and his family’s cryptocurrency company, World…

https://cointelegraph.com/news/warren-urges-fed-treasury-not-to-bail-out-crypto-billionaires?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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