Techub News reports that U.S. Senator Elizabeth Warren has publicly called on the Federal Reserve and the Treasury Department not to use taxpayer funds or federal backing mechanisms to bail out billionaires in the cryptocurrency industry. Warren emphasized that, in the absence of sufficient regulatory constraints, insiders and crypto billionaires (including the Trump family) are highly likely to protect themselves during crises and shift losses onto retail traders or retirees. She strongly urges the Treasury Department to implement strict supporting rules for the GENIUS Act and to issue clear guidance, prohibiting the use of foreign exchange stabilization funds or Federal Reserve emergency lending tools and other federal resources to backstop stablecoins and the cryptocurrency industry.