環球動態 | 美國參議員促貝森特交代日元干預依據
ETNET News Agency, August 15 - Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, has sent a letter to Treasury Secretary Scott Bessent demanding that the Trump administration provide a detailed legal basis and financial accounting for its joint intervention with Japan in the yen forex market in late July, extending her ongoing scrutiny of the administration's foreign exchange policy transparency.
In the letter signed on August 13, Warren pointed out: "To date, the administration has still not provided a detailed justification for this intervention, nor has it formally disclosed how much in taxpayer-related funds was deployed to purchase yen." She requested a written response from Bessent by August 28.
On July 31, the U.S. Treasury, through the Federal Reserve Bank of New York, commissioned Goldman Sachs and Morgan Stanley to exchange euros for yen to assist Japanese authorities in supporting the yen's exchange rate. This move marked the first joint U.S.-Japan yen-buying market intervention since 1998, and it also represents a rare direct participation by Washington in foreign exchange market operations in nearly 30 years.
Warren emphasized in the letter that Congress's original intent in establishing the Exchange Stabilization Fund (ESF) was that "these authorities should be exercised prudently to advance national interests." She demanded that Bessent provide "the administration's legal analysis for utilizing the ESF," alongside explanations of the projected costs to U.S. taxpayers and the "scale of financial support and its attached conditions" that the U.S. is currently considering providing to Japan.