Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt

The man who once shorted currencies is now propping them up. “He takes risks that other Treasury Secretaries over the past ...

Bessent Says He Is Sure BOJ Chief Ueda Will 'Do What Is Best', NHK Reports

TOKYO, Aug ⁠5 (Reuters) - ⁠U.S. Treasury ⁠Secretary Scott Bessent said ​he was sure ‌Bank of Japan ‌Governor ⁠Kazuo ⁠Ueda ...

Treasury Sec. Bessent: A stable yen is important not only for the U.S., but for the entire region

Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss details of the U.S.-Japan yen intervention, what drove the U.S ...

Scott Bessent says America 'delivers' for 'trusted partners' as US, Japan confirm joint yen intervention: Economist says goal is to 'buy time'

The U.S. Treasury joined Japan’s Ministry of Finance in a coordinated yen-buying operation, with officials from both ...