Bessent's secret yen note leaked? Trump confirms Japan currency intervention: 'They wanted our help’
The United States and Japan carried out a rare coordinated intervention to support the Japanese yen after it plunged to a 40-year low, sending shockwaves through global financial markets. This after U.S. Treasury Secretary Scott Bessent appeared to accidentally reveal plans for yen purchases during a Camp David cabinet meeting. A Reuters photographer captured a handwritten 'To Do' list on Bessent's notepad that included a plan to 'Buy Japanese Yen (JPY) $5-10 bil,' fueling speculation about the timing and scale of the intervention.