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Tue, Aug 4 11:14 PM

Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt

Fortune•Tue, Aug 4, 2026, 06:42 PM•2 min read

The man who once shorted currencies is now propping them up. “He takes risks that other Treasury Secretaries over the past two generations wouldn't.

Source: [Fortune](https://fortune.com/2026/08/04/scott-bessent-hedge-fund-currency-japanese-yen-national-debt/)

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