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Scott Bessent's carelessly exposed 'To Do' list reveals multibillion-dollar scheme
The Note Was the PolicyPower Was Sitting at the TableThis story is not about a photographer catching a cute government scribble. It is about who can move markets with a note, who can make the Federal Reserve Bank of New York sell euros to buy yen, and who can do it without any meaningful public accounting in the moment. Scott Bessent was not doodling. He was recording an intervention plan: “Buy Japanese Yen (JPY) $5-10 bil.”The Market Did Not “React”Reuters and the Financial Times describe a Treasury that had already put banks on alert for possible intervention, followed by a “historic” move…
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