Kenneth Weinstein appears on Bloomberg to discuss United States Treasury Secretary Scott Bessent’s visit to Japan. During the trip, the secretary echoed his Japanese counterpart, Satsuki Katayama, by characterizing excess foreign-exchange volatility as undesirable. This is another indication of tacit US approval of Japan’s recent market intervention.
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US sailors conduct routine maintenance on a jet blast deflector on the flight deck of the Nimitz-class aircraft carrier USS Nimitz on July 9, 2025. (US Navy)