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Sen. Warren tells Fed and Treasury: No bailout for crypto billionaires
CNBC· 2026-02-19 01:03
Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing and Urban Affairs Committee, speaks during a hearing in Washington, Feb. 5, 2026.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 Powe ...