Scott Bessent: “I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.”

Today’s actions send a clear message that even the biggest financial institutions are not above the law.

Our message is clear: the Trump administration will identify and disrupt any cartel actor who threatens our security or the integrity of our financial system.

The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy.

I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do.