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

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Sen. Elizabeth Warren asked the Treasury Department and the Federal Reserve on Wednesday to confirm that they will not “use taxpayer dollars to bail out cryptocurrency billionaires and other highly leveraged cryptocurrency investors.”

The Massachusetts Democrat’s request to Treasury Secretary Scott Bessent and Fed Chair Jerome Powell came as bitcoin
continued a slide that has seen the popular cryptocurrency drop about 50% since hitting a high in October.

Warren, in a letter to Bessent and Powell about a potential bailout, warned that it not only “would be deeply unpopular to transfer wealth from American taxpayers to cryptocurrency billionaires, it could also directly enrich President [Donald] Trump and his family’s cryptocurrency company, World Liberty Financial.”

https://www.cnbc.com/2026/02/18/warren-fed-treasury-crypto-billionaires-bailout-trump.html

Betting on BTC to crash by end of week
byu/BahtMann inwallstreetbets

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