MINUTES
About Minutes
MINUTES
Scott Bessent

Scott Bessent

United States Secretary of the Treasury

259 related reports

Profile details

United States Secretary of the Treasury (2025–)

Born1962-08-21 · Conway, South Carolina
PartyRepublican
Offices
  • United States Secretary of the Treasury2025-01-28–presentPreceded by: Janet Yellen
  • Acting Commissioner of Internal Revenue2025-08-08–2026-03-06Preceded by: Billy Long
  • Acting Director of the Consumer Financial Protection Bureau2025-02-03–2025-02-07Preceded by: Zixta Martinez · Succeeded by: Russell Vought
EducationYale University (BA)

Wikipedia

Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons

Statements

What this person said on the record, as reported, newest first.

  • Scott Bessent
    Bessent Discussed the ‘Desirability’ of a Strong Yen With Katayama

    Treasury Secretary Scott Bessent said his latest meeting with Japanese Finance Minister Satsuki Katayama included a discussion about the “desirability” of a strong yen.

    Market reaction

    BBloomberg News 2026-09-26 01:30

  • Scott Bessent
    Bessent Pushes as BOJ Splinters Over Rate Hike

    The program examines the Bank of Japan’s rate increase at its fastest pace since 1990, along with debate over policy normalization and the wider economic discussion involving Bessent.

    Bank of Japan

    BBloomberg Television 2026-09-18 07:02

  • Scott Bessent
    Bank of Japan Set for Pivotal Rate Hike After Bessent Pressure

    The Bank of Japan is poised for a pivotal rate hike following pressure from Bessent.

    Bank of Japan

    BBloomberg News 2026-09-18 02:45

  • Scott Bessent
    Bessent Says US Used a ‘Nominal’ Amount in Yen Intervention

    US Treasury Secretary Scott Bessent says Washington’s engagement with Japan over currency intervention was part of an ongoing dialogue. He says Japan’s finance ministry is highly transparent with the US and that the amount used by the US was nominal.

    Market reaction

    BBloomberg Television 2026-09-15 17:20

  • Scott Bessent
    Bessent Tells Yen Traders: ‘I Am the House Now’

    Treasury Secretary Scott Bessent challenged traders to test his resolve to boost Japan’s currency, saying that if the US intervenes in the yen market, he has strong insight into the likely actions of Japan, the Bank of Japan and Japanese policymakers.

    Bank of Japan

    BBloomberg Television 2026-09-09 10:37

  • Scott Bessent
    ‘I am the house now’: Bessent warns currency traders not to bet against yen

    US Treasury secretary Scott Bessent warned currency traders against betting on a weaker yen. His comments came after last month’s rare joint intervention with Tokyo to support the Japanese currency.

    Market reaction

    FFinancial Times 2026-09-09 08:26

  • Scott Bessent
    Yen holds near 160 as Bessent pressures BOJ and bonds sell off

    The yen steadied near 160 per dollar on Tuesday after U.S. Treasury Secretary Scott Bessent intensified pressure on the Bank of Japan to raise rates this month. Investors remained cautious as bonds sold off following renewed attacks in the Gulf.

    Bank of Japan

    RReuters 2026-09-01 05:25

  • Scott Bessent
    Bessent says yen moves are ‘pretty contained,’ not disorderly

    U.S. Treasury Secretary Scott Bessent said Sunday that recent moves in the yen were “pretty well contained,” indicating that its renewed slide was not viewed as the kind of disorderly trading that prompted a rare joint Japan-U.S. intervention last month.

    Market reaction

    RReuters 2026-08-30 23:35

  • Scott Bessent
    Why Bessent Wants a Bigger Fed Backstop to Support the Yen

    The yen’s weakness has prompted one of the most dramatic currency-market interventions in decades. Japan and the United States began a joint effort in late July to bolster the currency. US Treasury Secretary Scott Bessent then surprised financial markets by calling for the Federal Reserve to enlarge an obscure lending program. He said the expanded support would aid Tokyo’s efforts to defend the yen.

    Market reactionOther

    BBloomberg News 2026-08-06 03:00

  • Scott Bessent
    Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports

    U.S. Treasury Secretary Scott Bessent said he was confident that Bank of Japan Governor Kazuo Ueda would act in what he considers the best interest of Japan’s economy. Public broadcaster NHK reported the remarks on Wednesday. Bessent’s comment expressed trust in Ueda’s judgment regarding the country’s economic policy. No further policy action was specified.

    Bank of Japan

    RReuters 2026-08-05 00:10

Show more

Related reports

Reports that mention this person, by story.

Economy‘I am the house now’: Bessent warns currency traders not to bet against yen

US Treasury secretary Scott Bessent warned currency traders against betting on a weaker yen. His comments came after last month’s rare joint intervention with Tokyo to support the Japanese currency.

yencurrency marketsUS Treasury

FFinancial TimesOriginal★★★☆☆2026-09-09 08:26

‘I am the house now’: Bessent warns currency traders not to bet against yen

EconomyThe Asia Trade: Bessent dares yen traders as Rhee says not to panic over won moves

Bloomberg Television’s “The Asia Trade” examines the key stories shaping Asian markets at the start of the trading day. Scott Bessent challenges yen traders, while Rhee says market participants should not panic over won movements. The program also previews the Treasury’s planned buyback size.

yenwonAsian marketsU.S. Treasury

BBloomberg TelevisionOriginal★★☆☆☆2026-09-09 05:30

The Asia Trade: Bessent dares yen traders as Rhee says not to panic over won moves
The Asia Trade: Bessent dares yen traders as Rhee says not to panic over won moves

EconomyBessent Dares Traders to Bet Against Yen: ‘I Am the House Now’

Treasury Secretary Scott Bessent challenged traders to oppose his efforts to strengthen Japan’s currency, boasting that his market calls now effectively give him inside information.

Scott BessentyenJapanfinancial markets

BBloomberg NewsOriginal★★★☆☆2026-09-08 23:30

Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’
Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’

EconomyJapan faces policy reckoning as Bessent calls time on big stimulus

The United States did not join Japan’s efforts to shore up the yen without conditions. This week, Treasury Secretary Scott Bessent spelled out the terms, putting Japan under pressure to reassess its policy stance.

Japanyeneconomic policy

RReutersOriginal★★★☆☆2026-09-01 06:15

Japan faces policy reckoning as Bessent calls time on big stimulus
Japan faces policy reckoning as Bessent calls time on big stimulus

EconomyYen holds near 160 as Bessent pressures BOJ and bonds sell off

The yen steadied near 160 per dollar on Tuesday after U.S. Treasury Secretary Scott Bessent intensified pressure on the Bank of Japan to raise rates this month. Investors remained cautious as bonds sold off following renewed attacks in the Gulf.

yenBank of Japanbond market

RReutersOriginal★★★☆☆2026-09-01 05:25

Yen holds near 160 as Bessent pressures BOJ and bonds sell off
Yen holds near 160 as Bessent pressures BOJ and bonds sell off

EconomyBessent says yen moves are ‘pretty contained,’ not disorderly

U.S. Treasury Secretary Scott Bessent said Sunday that recent moves in the yen were “pretty well contained,” indicating that its renewed slide was not viewed as the kind of disorderly trading that prompted a rare joint Japan-U.S. intervention last month.

yenU.S. TreasuryJapan economy

RReutersOriginal★★★☆☆2026-08-30 23:35

Bessent says yen moves are ‘pretty contained,’ not disorderly
Bessent says yen moves are ‘pretty contained,’ not disorderly

EconomyBessent Flags Bigger Debt Buyback; Japan’s Inflation Picks Up | The Asia Trade

Bloomberg TV’s Asia Trade, broadcast live from Sydney, examines key stories shaping global markets before the Asian trading day begins. Topics include US stocks and bonds falling as the so-called “Bessent put” relief fades, along with Japan’s accelerating inflation.

US debtJapan inflationAsian markets

BBloomberg TelevisionOriginal★★☆☆☆2026-08-21 04:32

Bessent Flags Bigger Debt Buyback; Japan’s Inflation Picks Up | The Asia Trade
Bessent Flags Bigger Debt Buyback; Japan’s Inflation Picks Up | The Asia Trade

EconomyWhy Bessent Wants a Bigger Fed Backstop to Support the Yen

The yen’s weakness has prompted one of the most dramatic currency-market interventions in decades. Japan and the United States began a joint effort in late July to bolster the currency. US Treasury Secretary Scott Bessent then surprised financial markets by calling for the Federal Reserve to enlarge an obscure lending program. He said the expanded support would aid Tokyo’s efforts to defend the yen.

yencurrency interventionFederal ReserveJapan

BBloomberg NewsOriginal★★★★☆2026-08-06 03:00

Why Bessent Wants a Bigger Fed Backstop to Support the Yen
Why Bessent Wants a Bigger Fed Backstop to Support the Yen

EconomyBessent nudge strengthens case for a BOJ rate hike in September

U.S. Treasury Secretary Scott Bessent has publicly weighed in on Japan’s monetary policy. His views have nearly locked the Bank of Japan into raising interest rates at its September meeting. The intervention has also prompted questions about how much influence Washington may exert over Japan’s domestic policy. The focus is now on the central bank’s next decision.

Bank of Japaninterest ratesScott Bessentmonetary policy

RReutersOriginal★★★★☆2026-08-05 11:50

Bessent nudge strengthens case for a BOJ rate hike in September
Bessent nudge strengthens case for a BOJ rate hike in September

EconomyBessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports

U.S. Treasury Secretary Scott Bessent said he was confident that Bank of Japan Governor Kazuo Ueda would act in what he considers the best interest of Japan’s economy. Public broadcaster NHK reported the remarks on Wednesday. Bessent’s comment expressed trust in Ueda’s judgment regarding the country’s economic policy. No further policy action was specified.

U.S. TreasuryBank of JapanJapan economy

RReutersOriginal★★★☆☆2026-08-05 00:10

Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports
Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports
Show more