Senator Warren Urges Treasury to Prohibit Bailouts for Cryptocurrency Industry

On the 19th, Democratic Senator Elizabeth Warren sent a letter to Treasury Secretary Scott Wessent and Federal Reserve Chairman Jerome Powell, urging them to publicly commit not to use taxpayer money to bail out the cryptocurrency industry, as reported by the official Senate website. In her letter, Senator Warren pointed out that government intervention aimed at stabilizing the volatile cryptocurrency market would only benefit the so-called 'cryptocurrency millionaires,' wealthy investors. She expressed a strong aversion to market support funded by taxpayers. Particular attention is being paid to the involvement of the Trump family in 'World Liberty...'