US Treasury Secretary nominee Scott Bessent warned currency traders against betting against the Japanese yen, saying, “I am the house now.” His comments followed a rare joint intervention with Tokyo in July aimed at supporting the yen.
WHO:Scott Bessent
WHAT:Bessent warned currency traders not to bet against the yen, saying “I am the house now.”
WHEN:Reported Sep 9, 2026 at 4:26 AM ET
WHERE:Japan
WHY:The remarks were made after July’s rare joint intervention with Tokyo to support the Japanese currency.
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