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Bessent's secret yen note leaked? Trump confirms Japan currency intervention: 'They wanted our help’
The United States and Japan carried out a rare coordinated intervention to support the Japanese yen after it plunged to a 40-year low, sending shockwaves through global financial markets. This after U.S. Treasury Secretary Scott Bessent appeared to accidentally reveal plans for yen purchases during a Camp David cabinet meeting. A Reuters photographer captured a handwritten 'To Do' list on Bessent's notepad that included a plan to 'Buy Japanese Yen (JPY) $5-10 bil,' fueling speculation about the timing and scale of the intervention.
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Exclusive-Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows
CAMP DAVID, Maryland, July 31 : U.S. Treasury Secretary Scott Bessent on Friday exposed a "to-do" list during President Donald Trump's cabinet meeting indicating he was…
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US Treasury intervenes to support yen after Japan steps in, FT reports
July 31 : The U.S. Treasury intervened to support the yen on Friday through outright purchases, the Financial Times reported, joining Japan in its efforts to boost the currency…
