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Kevin Warsh: The Federal Reserve is unwilling to rescue crypto or stablecoins

2026-07-15 03:22:03

Abstract generation in progress

ME News. On July 15 (UTC+8), Fed Chair Kevin Warsh said on July 14 during a House Financial Services Committee hearing that if the crypto or stablecoin market faced a run, the Federal Reserve has no intention of providing a bailout. Warsh said the Fed does not want to engage in bailout operations, including for crypto. At its June meeting, the Fed held the benchmark interest rate in the 3.5% to 3.75% range. Warsh also said the Fed has no room to tolerate persistent high inflation and pledged to restore price stability. (Bitcoin.com News). (Source: ODAILY)

BTC3.65%

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