U.S. Treasury: US Government Cannot ‘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 ...

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U.S. Treasury: US Government Cannot ‘Bail Out’ Bitcoin

Source: Bitcoin Magazine

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 […]