CNBC
Bessent says U.S. backed Japan’s yen intervention to help stabilize Asia
Tuesday, August 4, 2026
Treasury Secretary Scott Bessent said the United States purchased yen in coordination with Japan to address currency volatility. Bessent did not specify the timing or size of the intervention. Japan's Ministry of Finance has not yet confirmed the details of any joint action.
Original reporting: https://www.cnbc.com/2026/08/04/bessent-us-japan-yen-currency-intervention.html