CNBC
Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Friday, August 28, 2026
Treasury Secretary Russell Bessent responded to Senator Elizabeth Warren's inquiry about yen purchases by offering educational comments on foreign exchange operations. Warren had requested details including the amount of yen purchased, execution rates, and the current value of the position. Treasury has not publicly disclosed these figures. Bessent did not provide the requested information in his response.
