Scott Bessent

United States Secretary of the Treasury

259 related reports

Profile details

United States Secretary of the Treasury (2025–)

Born	1962-08-21 · Conway, South Carolina
Party	Republican
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
Education	Yale 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.

All 11 Bank of Japan 5 Market reaction 6

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
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
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
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
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
‘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
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
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
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
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

Related reports

Reports that mention this person, by story.

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EconomyUS Treasury Secretary Bessent: Coordinated intervention carries symbolic significance

US Treasury Secretary Scott Bessent spoke exclusively with NHK on the 4th. He discussed the coordinated intervention in which Japanese and US monetary authorities bought yen last week to prevent a historic decline in the currency. Bessent said the reason for carrying out the coordinated intervention had symbolic significance.

yencurrency interventionUS Treasury

NNHK NewsOriginal★★★☆☆2026-08-04 14:40

US Treasury Secretary Bessent: Coordinated intervention carries symbolic significance

EconomyFull text of Bessent’s post: ‘We will not hesitate to join further coordinated intervention’

US Treasury Secretary Scott Bessent posted on X about coordinated intervention by Japan and the United States. The post appeared on July 3 Japan time. Bessent wrote that the Trump administration is delivering results for America’s reliable allies and partners. He also said it would not hesitate to participate in further coordinated intervention.

Scott BessentUS-Japan relationscoordinated interventioneconomic policy

TToyo KeizaiOriginal★★★☆☆2026-08-03 02:40

Full text of Bessent’s post: ‘We will not hesitate to join further coordinated intervention’

EconomyBessent ‘to-do’ list suggests US plans to buy $5bn-$10bn of Japanese yen

A handwritten list belonging to Treasury secretary Scott Bessent was visible during a cabinet meeting at Camp David. Photographed by a Reuters photographer, the note included an instruction to buy between $5bn and $10bn in Japanese yen. The disclosure has prompted questions about whether the United States is preparing such a purchase. The wording appeared on a notepad left in view during the part of the meeting open to journalists.

US TreasuryJapanese yencurrency policy

TThe GuardianOriginal★★★☆☆2026-08-01 00:33

Bessent ‘to-do’ list suggests US plans to buy $5bn-$10bn of Japanese yen