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 […]
Source: https://news.bitcoin.com/we-do-not-want-to-be-in-the-bailout-business-fed-chair-warns-crypto-is-on-its-own/
