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Sen. Warren Urges No Crypto Bailout from Treasury/Fed
Elizabeth Warren sent a letter to Treasury Secretary Bessent and Fed Chair Powell demanding a written pledge against any Bitcoin or crypto market rescue via buyouts, guarantees, or liquidity. She argues it would mainly benefit billionaires amid sliding prices.
This political pressure could tighten the regulatory environment further and keep institutions cautious. No immediate bailout talk exists, but the optics add to bearish sentiment.
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