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Bessent Tells Yen Traders 'I Am the House Now'

Bloomberg Markets Wednesday 09 September 2026, 10:37 UTC 1 min read
Key Points

Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan’s currency. “I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,” Bessent said at a Southern Methodist University event in Texas on Tuesday. Ven Ram of Bloomberg MLIV has the details.

Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting Japan’s currency. “I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,” Bessent said at a Southern Methodist University event in Texas on Tuesday. Ven Ram of Bloomberg MLIV has the details. (Source: Bloomberg)
Bessent (PERSON) Treasury (ORG) Scott Bessent (PERSON) Japan (LOCATION) Japanese (ORG) the Bank of Japan (ORG) Southern Methodist University (ORG) Texas (LOCATION) Ven Ram (PERSON) Bloomberg MLIV (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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