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Exclusive-Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows

Asia-Pacific 3 sources 3 countries 🔦 Under-reported 36m ago

US Treasury Secretary Scott Bessent was photographed on Friday morning with a handwritten "to-do" list proposing that the United States buy $5 billion to $10 billion worth of Japanese yen. The document was captured by a Reuters photographer during a cabinet meeting held at Camp David.

The inadvertent disclosure of the notepad's contents has prompted questions and speculation regarding official US plans for foreign exchange interventions and currency management.

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Covered by 3 sources