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 two generations wouldn't.” ...
The Japan Times

Bessent seeks Fed help in defending yen in unusual call

Cooperation between the Federal Reserve and the Treasury to ensure financial stability isn’t unusual, especially during ...

Scott Bessent Defends US Intervention To Prop Up JPY — 'Very Important To Have A Stable Yen'

During an interview with CNBC, Bessent said that he believes that Japan will continue to put in place the right policies ...
Crypto Briefing

Bessent says US will do whatever it takes to support Japan’s yen

Treasury Secretary Scott Bessent warns yen weakness could trigger broader Asian currency depreciation, with implications for ...

Analysis: How Bessent is pushing Warsh’s Fed to expand backstop for Japan’s yen defense

Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The ...

Why is US buying Yen? Scott Bessent vows treasury ‘will not hesitate’ again | Explained

Trump's yen intervention explained: why the US joined Japan to prop up the currency, what's driving it, and whether the ...

Treasuries Climb at Start of Week on Oil, Bessent’s Yen Pledge

Treasuries are starting the week on an optimistic note, buoyed by tumbling oil prices and assurances that tens of billions of ...
MEAWW News on MSN

Scott Bessent's notepad photo sparks questions over hidden Treasury move

Treasury did not immediately comment as the handwritten note appeared to outline a possible currency intervention ...