U.S. Treasury Secretary Scott Bessent defended his move last month to support the yen, saying that any extreme volatility in the Japanese currency could feed through to higher U.S. interest rates. https://www.japantimes.co.jp/business/2026/08/29/markets/bessent-disorderly-yen-us-rates/?utm_medium=Social&utm_source=mastodon #business #markets #yen #dollar #forex #satsukikatayama #financeministry #us #scottbessent #congress