The man who once shorted currencies is now propping them up. “He takes risks that other Treasury Secretaries over the past two generations wouldn't.”

Treasury Secretary Scott Bessent pushes to expand the Fed's FIMA repo facility, letting Japan defend the yen without dumping US Treasuries on the

Treasury Secretary Scott Bessent confirms $5-10 billion coordinated yen intervention with Japan, the first US forex action in over a decade,