Bessent ‘to-do’ list shows proposal for US to buy $5-10bn of Japanese yen
Treasury secretary’s notepad, photographed by Reuters on Friday morning, prompts questions over US plansDuring a cabinet meeting at Camp David on Friday, the US treasury secretary Scott Bessent carelessly revealed plans for the US to buy $5-$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”.
Reported by 1 outlet — The Guardian US. See all sources ↓
Treasury Secretary Scott Bessent was seen with a notepad during a cabinet meeting at Camp David. The notepad had a note that said "Buy Japanese Yen (JPY) $5-10 bil". This suggests the US might plan to buy between five and ten billion dollars worth of Japanese yen. The photo was taken by a Reuters photographer and shared by The Guardian.
Why it matters
Buying large amounts of yen could affect exchange rates and trade between the US and Japan. It may signal a shift in US foreign exchange policy that investors watch.
- What did the notepad show?
- It showed a note to buy Japanese yen worth $5-10 billion.
- Where was the notepad seen?
- It was seen during a cabinet meeting at Camp David.
- Who took the photo of the notepad?
- A Reuters photographer took the photo.
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Bessent ‘to-do’ list shows proposal for US to buy $5-10bn of Japanese yen
Sources1TypeCoverageThe Guardian US