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>>Warren urges the Fed and Treasury to prevent crypto bailouts after a $2 trillion collapse.

Warren urges the Fed and Treasury to prevent crypto bailouts after a $2 trillion collapse.

crypthub

about 3 hours ago

Warren Demands No Bailout for Crypto Billionaires

Elizabeth Warren is urging U.S. financial regulators to ban any taxpayer‑funded rescue of cryptocurrency billionaires. Her push follows a $2 trillion market collapse that has intensified fears of federal intervention in digital‑asset markets. The senator argues that allowing a bailout would set a dangerous precedent for future crises.

Timing and Call to Treasury

On February 18, Warren specifically called on the Treasury Department to adopt a rule prohibiting such rescues. This request underscores the growing concern that the government may step into cryptocurrency markets. She hopes the action will deter future attempts at bailout funding.

Warren urges the Fed and Treasury to prevent crypto bailouts after a $2 trillion collapse.

Warren Demands No Bailout for Crypto Billionaires

Timing and Call to Treasury

Warren urges the Fed and Treasury to prevent crypto bailouts after a $2 trillion collapse.