CNBC August 28, 2026 • 19:23

Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson - CNBC

By Luke Fountain

Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson - CNBC

Treasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite Warren’s requests for details.

Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the MassachusettsDemocrat of misunderstanding foreign exchange markets while leaving se… [+3067 chars]

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