The letter Manchin wrote was not to the Fed but to the secretary of the Treasury and a few other Treasury-related officials. They haven't responded, as far as I

The letter Manchin wrote was not to the Fed but to the secretary of the Treasury and a few other Treasury-related officials. They haven't responded, as far as I know. This is a separate (and very dumb) line he is pursuing. I consider myself fairly ignorant of government issues like this but even I could tell you the Fed would be the wrong institution to ask about regulating Bitcoin (already a foolish notion).