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
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A former World Bank president has sounded the alarm, revealing that the Federal Reserve has lost over a trillion dollars—and counting—turning it into nothing more than a massive hedge fund for the rich and powerful.
He claims the Fed is borrowing money from banks at 5.4% interest, then pouring it into government bonds, creating the illusion that the government’s financial situation is better than it actually is.
He warns that this scheme isn’t just limited to the U.S.—it’s happening across central banks worldwide.
@headlines
He claims the Fed is borrowing money from banks at 5.4% interest, then pouring it into government bonds, creating the illusion that the government’s financial situation is better than it actually is.
He warns that this scheme isn’t just limited to the U.S.—it’s happening across central banks worldwide.
@headlines