Powell, Bessent Asked by Warren to Commit to No Crypto Bailout

Sen. Elizabeth Warren writes Fed Chair Jerome Powell and Treasury Secretary Scott Bessent, asking for both to commit that neither the Fed nor the Treasury will use taxpayer dollars to bail out highly leveraged crypto investors.

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Lauren Dezenski in Washington at ldezenski@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Alexander Pearson

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