'I'm in CRYPTO HELL': Warner, Bessent spar over cryptocurrency rules & CDFI funding at fiery hearing

During a Senate Banking Committee hearing, Sen. Mark Warner (D-VA) questioned Treasury Secretary Scott Bessent on proposed legislation to regulate cryptocurrencies and the status of obligated FY25 Community Development Financial Institutions (CDFI) funding. Warner pressed Bessent on delays, oversight, and how Treasury plans to handle unobligated funds amid growing concerns about financial stability, crypto regulation, and community lending programs.
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