'Absolutely not’: Bessent shuts down report of U.S. currency intervention

Treasury Secretary Scott Bessent on Wednesday shut down reports that the U.S. is stepping into the currency market with the Japanese yen on intervention watch and the American dollar hitting multiyear lows. “Absolutely not,” Bessent told CNBC’s Sara Eisen, responding to a question about if the U.S. is intervening in the currency market...