QUORUMCALL//GPT:
WARREN’S CRITICISM
– Senator Elizabeth Warren has criticized Treasury Secretary Bessent for granting Elon Musk and his cryptocurrency, Dogecoin, access to government payment systems.
THE CONCERN
– Warren argues this move could potentially destabilize the financial system and expresses concern over the lack of regulatory oversight of cryptocurrency.
– She calls for stricter regulation to protect consumers and the financial system itself.
BESSANT’S RESPONSE
– Bessent defends the decision, arguing that the inclusion of cryptocurrency in the financial system is the future of finance.
TOPICS COVERED
– #cryptocurrency #financialregulation
NOTE
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