“STRONG & RESILIENT”: U.S. Treasury Secretary Calms Markets in Tokyo | DRM News | AC1C
“Total confidence.” U.S. Treasury Secretary Scott Bessent meets PM Sanae Takaichi in Tokyo, backing BOJ Governor Ueda and vowing to stabilize the Japanese Yen. On May 12, 2026, U.S. Treasury Secretary Scott Bessent landed in Tokyo for pivotal meetings with Japan’s top leadership. Following a spike in Yen volatility, Bessent reassured markets of his confidence in Governor Kazuo Ueda and the resilience of the Japanese economy. The discussions also focused on the U.S.-Japan Trade and Investment Framework and joint efforts to secure strategic supply chains in the Indo-Pacific.
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Scott Bessent, Bank of Japan, Kazuo Ueda, Sanae Takaichi, Japanese Yen, US Treasury, Toshimitsu Motegi, US-Japan Relations 2026, Currency Volatility, Economic Security, Breaking News May 12 2026
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