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US Treasury Secretary Bessent: The United States earned tens of millions of dollars from yen intervention

2026-09-15 18:37:24

Abstract generation in progress

Mars Finance reported that on September 15, U.S. Treasury Secretary Bessent stated at a hearing: If it is clearly determined that congressional authorization is needed, he will meet with U.S. House Speaker Johnson. In the field of artificial intelligence, both innovation and security issues need to be addressed. We are engaged in “the most important fight of our lives” for strategic industries. The Treasury Department’s intervention through bond buybacks has been successful. The funding offset plan for $5,000 checks is “moving forward.” Lawmakers are encouraged not to exempt artificial intelligence from liability. Artificial intelligence companies should not be given a “blank liability check.” We earned tens of millions of dollars from past aid to Argentina. We have maintained ongoing dialogue regarding Japan’s intervention. The United States used a “nominal amount” in its intervention in the yen. The United States earned tens of millions of dollars from its intervention in the yen. A stronger yen benefits U.S. exporters. A stronger yen means the Japanese government does not need to sell U.S. assets.

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CrossForecast

an hour ago

That Argentine aid deal can still turn a profit; the Treasury’s investment instincts are now even sharper than those of hedge funds.

00View Original

OnChainDetective

2 hours ago

Bessent’s latest moves are pretty slick: bond buybacks and $5,000 checks on two fronts—can inflationary pressure be contained?

00View Original

WhitelistBeggar

2 hours ago

The point about AI regulation is valid: innovation and safety must be pursued together, and tech companies cannot simply be given a free pass.

00View Original

DegenInteractor

2 hours ago

Meeting with Johnson requires congressional authorization; the process is quite proper and much more transparent than it was during Yellen’s time.

00View Original

AirdropArtist

4 hours ago

First Review

Making tens of millions from yen intervention sounds satisfying, but in the long run, an exchange-rate war also hits Japanese exports pretty hard, right?

00View Original

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