Business British Columbia

‘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 h…

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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 [...]

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 [...]

Published
Jul 14, 2026
Updated
Jul 14, 2026
Source
Bitcoin News
Category
Business
Read time
1 min
Key facts

Key facts

SectionBusiness
Open
SourceBitcoin News
Open
PublishedJul 14, 2026
UpdatedJul 14, 2026

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PublishedJul 14, 2026, 9:20 AMThis story was published by BC Post.
ImportedJul 14, 2026, 10:15 AMThe item entered the BC Post source pipeline.
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Bitcoin News Published Jul 14, 2026 Imported Jul 14, 2026
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Bitcoin News Jul 14, 2026
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