Dossier
Asian financial crisis
Coverage of Asian financial crisis in the Nexus archive.
- Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt
Scott Bessent, a former hedge fund manager, is using his experience to stabilize Japan’s yen through U.S. Treasury interventions, citing the yen’s undervaluation. His past work at Soros Fund Management during currency crises and his deep familiarity with Japan underpin his approach.