Skip to main content
See every side of every news story
Published loading...Updated

Bessent Attacks Warren over Yen Intervention Query, Offers ‘Foreign Exchange for Dummies’ Lesson

Summary by CNBC
Treasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite Warren’s requests for details.

9 Articles

According to the Secretary of the Treasury, Japan is a large holder of Treasures and disorderly yen markets can trigger forced settlement, which can destabilize global markets

·São Paulo, Brazil
Read Full Article

A too-weak Japanese yen could ultimately give new impetus to US long-term interest rates. This is how US Treasury Secretary Scott Bessent defends his move to support the Japanese currency at the end of July.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 75% of the sources lean Right
75% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Twitchy broke the news in United States on Friday, August 28, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal