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Kevin Warsh: The Federal Reserve is unwilling to bail out cryptocurrencies or stablecoins

Kevin Warsh: The Federal Reserve is unwilling to bail out cryptocurrencies or stablecoins

Odaily星球日报Odaily星球日报2026/07/14 16:26
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According to Odaily, Federal Reserve Chairman Kevin Warsh stated at a House Financial Services Committee hearing on July 14 that if a run occurs in the cryptocurrency or stablecoin markets, the Federal Reserve has no intention of providing a bailout. Warsh said the Fed does not wish to engage in bailout activities, including those related to cryptocurrencies. In its June meeting, the Fed maintained its benchmark interest rate in the 3.5% to 3.75% range. Warsh also said that the Fed has no tolerance for persistently high inflation and is committed to restoring price stability. (Bitcoin.com News).
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