Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Senator Warren demands public assurance that taxpayer funds won’t bail out crypto firms amid market crash and potential Trump-linked benefits.
Senator Elizabeth Warren has urged the Treasury and Federal Reserve to publicly confirm they won’t use taxpayer funds to bail out cryptocurrency firms, warning such actions would shift wealth to crypto billionaires and indirectly benefit President Trump’s World Liberty Financial.
Her letter follows a 50%+ drop in Bitcoin prices since October, sparking margin calls and $17 billion in losses.
Warren criticized Treasury Secretary Scott Bessent’s vague response to questions about government intervention, stressing the need for clarity to prevent unfair advantages and systemic risk.
The Fed acknowledged receiving the letter but declined to comment; the Treasury did not respond.
El senador Warren exige la garantía pública de que los fondos de los contribuyentes no rescatarán a las empresas criptográficas en medio de la caída del mercado y los posibles beneficios vinculados a Trump.