Scott Bessent: “I don't know what good it does.”

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.

The world has been coming to the U.S., and China has been the missing piece.

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

As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending.