Coin Bureau|8月 04, 2026 02:51
🇺🇸🇯🇵BREAKING: Treasury Secretary Scott Bessent is urging the Federal Reserve to help defend the Japanese yen after the U.S. Treasury's intervention failed to stabilize the currency.
Bessent wants the Fed to expand its FIMA dollar lending facility, allowing the Bank of Japan to support the yen without selling U.S. Treasuries.
Analysts warn the move could spook markets, deepen concerns over the yen, and test the Fed's independence.(Coin Bureau)
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