🇺🇸 US Treasury: No bailouts for Bitcoin

On February 4, 2026, US Treasury Secretary Scott Bessent made it explicit: the US government cannot and will not rescue Bitcoin.

During a House Financial Services Committee hearing, Bessent pushed back against Congressman Brad Sherman, who questioned whether the Treasury or regulators could step in during a crypto crash similar to the 2008 bank bailouts by forcing banks to buy BTC, changing regulations, or allocating public funds to stabilize crypto markets.

Bessent’s response was blunt:
“I am the Treasury Secretary. I don’t have such a position.”

He clarified that neither the Treasury Department nor the Financial Stability Oversight Council (FSOC) which he chairs has the authority to:

• Direct banks to invest in Bitcoin
• Use taxpayer money to support crypto assets
• Intervene to stabilize BTC in a market collapse

Bitcoin Reserve? Strategic backstop? Bailout? None.

This is the clearest confirmation yet: Bitcoin is on its own by design.

@headlines

This guy pretty much sums it up. No notes. 🤣

@headlines