EconomyInsight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending
When Japanese Finance Minister Satsuki Katayama called U.S. Treasury Secretary Scott Bessent in June for help supporting the plunging yen, he delivered a familiar message: Tokyo would need to put its fiscal house in order if it wanted assistance.
Insight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending