Bessent ‘to-do’ list shows proposal for US to buy $5bn-$10bn of Japanese yen

Treasury secretary’s notepad, photographed by Reuters on Friday morning, prompts questions over US plans During a cabinet meeting at Camp David on Friday, the US treasury secretary Scott Bessent carelessly revealed plans for the US to buy $5bn-$10bn ⁠in Japanese yen in a scribbled “to do” list left visible to a Reuters photographer. The image, taken over Bessent’s shoulder during a portion of the meeting open to journalists, showed a Camp David notepad with the underscored words “To Do” followed by “Buy Japanese Yen (JPY) $5-10 bil”. Continue reading...