Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a hearing in Washington, DC, US, on Thursday, Feb. 5, 2026.
Kent Nishimura | Bloomberg | Getty Images
Sen. Elizabeth Warren asked the Treasury Department and the Federal Reserve on Wednesday to confirm that they will not “use taxpayer dollars to bail out cryptocurrency billionaires and other highly leveraged cryptocurrency investors.”
The Massachusetts Democrat’s request to Treasury Secretary Scott Bessent and Fed Chair Jerome Powell came as bitcoin continued a slide that has seen the popular cryptocurrency drop in value by nearly 60% since hitting a high in October.
Warren, in a letter to…
