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Finance· Forex

Bessent says ‘I am the house now.’ What it means for the yen — and U.S. stocks.

Treasury Secretary Scott Bessent told an audience at Southern Methodist University’s business school on Tuesday night, "I am the house now," a remark described as perhaps the most strident of his time in government. The comment has been flagged as significant for the yen and U.S. stock markets.

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