State of the Union: The Treasury secretary is attempting to impose his financial will on currency markets.
The American Conservative's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
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Bessent Warns Traders Betting Against Yen
Headline from The American Conservative ·
Newest
‘I’m the House Now’: Before Scott Bessent, There Was Mr. Yen
Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan’s currency, touting that when he makes market calls nowadays he’s effectively doing so with inside information.
Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan’s currency, touting that when he makes market calls nowadays he’s effectively doing so with inside information. Bloomberg's Sunny Bangia breaks down the news. (Source: Bloomberg)
US Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting the yen, saying he has insight on what the Bank of Japan is going to do. He spoke at a Southern Methodist University event in Texas. (Source: Bloomberg)
Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan’s currency. “I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,…
Treasury Secretary Scott Bessent declared himself “the house” and dared currency traders to bet against his efforts to strengthen the Japanese yen Tuesday, arguing his position gave […]
by Jack McGeever at CDN - Treasury Secretary Scott Bessent dared currency traders to bet against his efforts to strengthen the Japanese yen Tuesday, arguing his position gave him an information advantage over the market.
Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan’s currency, saying when he wades into markets these days he’s effectively doing so with inside information. David Finnerty explains. (Source: Bloomberg)
