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The Guardian - US
The Guardian - US
World
Robert Mackey and agencies

Bessent ‘to-do’ list shows proposal for US to buy $5bn-$10bn of Japanese yen

Scott Bessent United States Japanese Yen Japan
Man's scribbled notepad
Scott Bessent’s notepad with his proposal to buy Japanese yen. Photograph: Daniel Heuer/Reuters

During a cabinet meeting at Camp David on Friday, the US treasury secretary Scott Bessent carelessly revealed plans for the US to buy $5bn-$10bn ⁠in Japanese yen in a scribbled “to do” list left visible to a Reuters photographer.

The image, taken over Bessent’s shoulder during a portion of the meeting open to journalists, showed a Camp David notepad with the underscored words “To Do” followed by “Buy Japanese Yen (JPY) $5-10 bil”.

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