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U.S. Treasury: U.S. Government Cannot Deploy Taxpayer Funds to ‘Bail Out’ Bitcoin
As Treasury Secretary Scott Bessent testified before the House Financial Services Committee Wednesday morning, Rep. Brad Sherman pressed Bessent over whether the U.S. government could ever step in to “bail out” bitcoin. Bessent was presenting over the Financial Stability Oversight Council’s annual report on emerging economic risks and much of the comments and questions from
This post U.S. Treasury: U.S. Government Cannot Deploy Taxpayer Funds to ‘Bail Out’ Bitcoin first appeared on Bitcoin Magazine and is written by Micah Zimmerman. Bitcoin MagazineRead More
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