{"id":4236,"date":"2026-08-01T12:09:26","date_gmt":"2026-08-01T12:09:26","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=4236"},"modified":"2026-08-01T12:09:26","modified_gmt":"2026-08-01T12:09:26","slug":"trump-treasury-secretary-torn-apart-for-leaving-out-to-do-list-on-purpose","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=4236","title":{"rendered":"Trump Treasury secretary torn apart for leaving out &#8216;to-do&#8217; list &#8216;on-purpose&#8217;"},"content":{"rendered":"<div>\n<p>A notepad used by Secretary of the Treasury Scott Bessent during a Camp David Cabinet meeting on Friday revealed a \u201cto-do list\u201d reminding the official to \u201cbuy Japanese Yen $5-10 bil\u201d \u2014 a flagrant display that critics revealed was likely made \u201con-purpose.\u201d<\/p>\n<p>As Reuters reports, the photo was \u201ctaken over Bessent&#8217;s shoulder during an on-the-record portion of the meeting\u201d and \u201cshowed no other words\u201d besides the reminder to \u201cbuy Japanese Yen.\u201d<\/p>\n<p>According to the Bloomberg, the U.S. Treasury did indeed buy yen on Friday to support the Japanese currency.<\/p>\n<p>\u201cThe U.S. joined Japan in engineering one of the most notable rebounds in the yen since the currency began its years-long slide, a decline that\u2019s stoked inflation in the Asian nation and rippled through global markets,\u201d Bloomberg reports.<\/p>\n<p>Per Bloomberg, \u201cThe sharp gains were fueled by a combination of direct purchases of the yen, calls by officials to banks that trade the currency and jawboning from US Treasury Secretary Scott Bessent and Japanese Finance Minister Satsuki Katayama. Bessent, who has deep knowledge of Japan\u2019s place in global markets from his hedge fund career, indicated that he thinks the yen is too weak.\u201d <\/p>\n<p>According to Reuters, this marks \u201cWashington&#8217;s first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows.\u201d <br \/>The \u201cU.S. Treasury has not intervened to prop up the yen since 2011,\u201d Reuters reports. <\/p>\n<p>Bloomberg opinion columnist Gearoid Reidy, reacting to the photo, called Bessent \u201ca joker.\u201d<\/p>\n<p>\u201cThis is the most on-purpose thing ever,\u201d Reidy wrote.<\/p>\n<p>Japanese Politics\/International Relations expert Jeffrey J. Hall likewise noted Bessent \u201cleft [the note] out for the media to photograph.\u201d<\/p>\n<p>Corpay Chief Market Strategist Karl Schamotta called the note \u201cthe funniest thing I\u2019ve ever seen in [financial] markets.\u201d<\/p>\n<p>\u201cSeriously folks,\u201d Schamotta said. \u201cBessent wrote himself a reminder to intervene in currency markets\u2014complete with the amount to be purchased \u2014 as if he didn\u2019t want to forget anything at the grocery store, and then left that note in plain sight so reporters could see it. Amazing!\u201d<\/p>\n<p>It\u2019s not the first time Bessent has used his notepad to telegraph a message to the media. In May, the Treasury secretary wrote and underlined the word \u201cresilience\u201d on a notepad during a Cabinet meeting. The list on that notepad also included \u201cOperation Economic Fury,\u201d \u201cJust in Time, Just in Case\u201d in parentheses and the word \u201cresilience\u201d again.<\/p>\n<p>Asked during a press conference why he wrote those messages on his notepad, Bessent replied, to laughs, \u201cSo people could look over my shoulder, photograph them and think they got a scoop.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/nextaddressamerica.com\/?p=4230\">Critics maul Trump after DOJ drops its Reflecting Pool prosecution<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A notepad used by Secretary of the Treasury Scott Bessent during a Camp David Cabinet meeting on Friday revealed a \u201cto-do list\u201d reminding the official to \u201cbuy Japanese Yen $5-10 bil\u201d \u2014 a flagrant display that critics revealed was likely made \u201con-purpose.\u201dAs Reuters reports, the photo was \u201ctaken over&#8230;<\/p>\n","protected":false},"author":1,"featured_media":4235,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump Treasury secretary torn apart for leaving out &#039;to-do&#039; 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