Warren: No Taxpayer Bailouts for Crypto Billionaires (Not Even a Cup of Tea)
Concerns about federal intervention in cryptocurrency markets, already a topic as contentious as a heated debate about the correct way to make a cup of tea, intensified when U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell on Feb. 18. In it, she requested-very politely, almost apologetically-that they confirm taxpayer funds would not be used to “bail out cryptocurrency billionaires and other highly leveraged crypto investors.” Her tone was one of urgent concern, as though the very fabric of fiscal responsibility might unravel if such a thing were allowed to happen.







