US Treasury Secretary Scott Bessent suggests Federal Reserve could consider raising FIMA liquidity facility
2 sources·Updated August 5, 2026
Covered by 2 sources
- Bloomberg Politics·3h agoTreasury Secretary Scott Bessent Draws on Hedge Fund Tactics to Help Rescue Yen
Scott Bessent wanted to help Japan prop up its currency. So he decided to let the media spy on his notepad, where a to-do list included buying as much as $10 billion in yen.
Read at Bloomberg Politics → - ET Markets·15h agoUS Treasury Secretary Scott Bessent suggests Federal Reserve could consider raising FIMA liquidity facility
US Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen amid market volatility. Global bond markets have significantly expanded since the mechanism was created. The FIMA repo facility allows…
Read at ET Markets →
