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Business
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Health
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Entertainment
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Middle East and north Africa
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Takaichi, Sanae

Argentina Banking and Financial Institutions Bessent, Scott Economic Conditions and Trends Federal Reserve System Foreign Aid Japan National Debt (US)Takaichi, Sanae Treasury Department United States United States Economy United States International Relations United States Politics and Government Yen (Currency)

August 4, 2026 Alan Rappeport

A Currency Trader at Heart, Bessent Bets on Japan’s Yen

Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.

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