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Congress Asks If Treasury Will “Bail Out Bitcoin”—Bizarre Exchange Highlights Crypto’s Federal Immunity

US Treasury Secretary Scott Bessent faced an unusual line of questioning on Capitol Hill on Wednesday. Rep. Brad Sherman (D-CA) pressed him on whether the federal government could step in to “bail out Bitcoin” during a downturn. It comes as Bitcoin and the broader digital asset market bleed, with the pioneer crypto down by over The post Congress Asks If Treasury Will “Bail Out Bitcoin”—Bizarre Exchange Highlights Crypto’s Federal Immunity appeared first on BeInCrypto.

  • Read at BeInCrypto
  • Thu, 05 Feb 2026 08:55:54 +0000
Congress Asks If Treasury Will “Bail Out Bitcoin”—Bizarre Exchange Highlights Crypto’s Federal Immunity