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‘We Do Not Want to Be in the Bailout Business’: Fed Chair Warns Crypto Is on Its Own

Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on Tuesday that the central bank has no interest in bailing out crypto or stablecoins if the sector faces a run, drawing a firm line during hi...

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‘We Do Not Want to Be in the Bailout Business’: Fed Chair Warns Crypto Is on Its Own
Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on Tuesday that the central bank has no interest in bailing out crypto or stablecoins if the sector faces a run, drawing a firm line during his first congressional testimony since taking the job. Warsh appeared before the committee for the Fed’s Semi-Annual Monetary […]

Why this matters

Federal Reserve is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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