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Treasury Secretary Scott Bessent Draws on Hedge Fund Tactics to Help Rescue Yen

First covered 2 days ago · latest take 23 mins ago. Compare how each outlet is covering it — and rate the sources you trust.

Treasury Secretary Scott Bessent Draws on Hedge Fund Tactics to Help Rescue Yen
Bloomberg
Bloomberg23 mins ago
Treasury Secretary Scott Bessent Draws on Hedge Fund Tactics to Help Rescue Yen
Scott Bessent wanted to help Japan prop up its currency. So he decided to let the media spy on his notepad, where a to-do list included buying as much as $10 billion in yen.
Fortune
Fortune6 hrs ago
Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt
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.”
US Treasury Secretary Bessent says chance of Hormuz deal with Iran by Aug 5
Asked about a toll on shipping, he said: “I think it would be freedom of movement”.
Marca
Marca🏁 first to report2 days ago
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