Bessent attacks Warren over yen intervention, offers ‘FX for Dummies’

Treasury Secretary, Scott Bessent (L), and Sen. Elizabeth Warren (D-MA). Getty Images Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign-exchange markets while leaving several of her questions about a rare U.S. intervention in the Japanese yen unanswered. “In her latest sciolistic letter…

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Democrats want Trump crypto disclosure hearings

Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing, and Urban Affairs Committee, speaks to members of the media following a confirmation hearing in Washington, June 25, 2026. Graeme Sloan | Bloomberg | Getty Images Five top Senate Democrats on Friday renewed calls for hearings into President Donald Trump’s…

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Trump admin export rule benefits UAE firm MGX

The Commerce Department on Friday moved toward easing export controls on the United Arab Emirates, including by saying it will “favorably review” export license applications for MGX, the UAE-backed investment firm that used a stablecoin linked to President Donald Trump‘s family for its $2 billion investment in Binance. An unpublished version of a new 17-page…

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Defense contractors would be barred from buying back their stock in bill approved by Senate panel

Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, left, and Senator Jack Reed, a Democrat from Rhode Island, speak during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images The Senate Armed Services Committee approved…

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