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Warren Demands No Taxpayer Bailouts for Crypto Billionaires

2/19/2026

Summary

Story summary

Senator Elizabeth Warren (D-Mass.) urged Treasury Secretary Scott Bessent and Fed Chair Jerome Powell to rule out taxpayer-funded bailouts for crypto billionaires amid Bitcoin declines.
She warned a bailout could enrich U.S. President Donald Trump’s crypto company, World Liberty Financial.
Warren criticized Bessent’s ambiguous response during a recent hearing on government crypto intervention.
She called for stronger protections for retail investors after $17 billion was lost or stolen in 2025.

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Story summary

Senator Elizabeth Warren (D-Mass.) urged Treasury Secretary Scott Bessent and Fed Chair Jerome Powell to rule out taxpayer-funded bailouts for crypto billionaires amid Bitcoin declines.
She warned a bailout could enrich U.S. President Donald Trump’s crypto company, World Liberty Financial.
Warren criticized Bessent’s ambiguous response during a recent hearing on government crypto intervention.
She called for stronger protections for retail investors after $17 billion was lost or stolen in 2025.