Woofun AI reports that Federal Reserve Chairman Kevin Warsh declared at the July 14 House Financial Services Committee hearing that the central bank holds no intention to bail out cryptocurrency or stablecoin markets during a run. Warsh emphasized that the Fed does not wish to engage in bailout activities for digital assets. The Fed maintained the benchmark interest rate between 3.5% and 3.75% in June. Warsh further stated that the Fed cannot tolerate persistent inflation and remains dedicated to restoring price stability.