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 Bessent is leaning on the Fed to help prop up Japan’s currency

The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending ...

Bessent's call to upsize Fed foreign lending facility may not be risk-free

By Michael S. Derby NEW YORK, Aug 4 (Reuters) - U.S. Treasury Secretary Scott Bessent's call on the Federal Reserve to expand a facility that lends cash to official foreign accounts could add to the ...

Why the U.S. Is Helping Prop Up Japan’s Weak Currency

The U.S. Treasury joined efforts in Tokyo to stem the yen’s slide against the dollar, highlighting the broader risks posed by ...
The Edge Singapore

Dollar drops further as yen rebound extends Fed-driven slide

The dollar extended its slide on Monday as a joint US-Japan intervention to support the yen added to losses triggered by last ...

Today’s News: The Fed Announces Rates, Fauci Returns to Washington and Earthquake Rocks Japan

Meanwhile, former White House chief medical advisor Anthony Fauci returns to Capitol Hill for a closely watched Senate ...

Japan’s Use of Fed Repo May Ease Pressure on Treasury Market

Treasury Secretary Scott Bessent’s championing of a Federal Reserve facility Japan can use to boost the yen comes with the ...
The Graham Stephan Show on MSN

Japan’s currency crisis is now America’s problem

Japan’s Currency Crisis Is Now America’s Problem ...