Senior U.S. congressman asked Becent to explain the basis for the intervention

On 14 August, Senator Warren of the United States Democratic Party asked United States Treasury Secretary Besent to explain the basis for the Trump Government ' s intervention in the yen, continuing the long-standing practice of this senior member of Parliament to review the Trump Government ' s foreign exchange policy. In a letter dated 13 August, Warren wrote, “To date, the Government has not provided a detailed basis for this intervention, nor has it formally disclosed how much taxpayer-related funds have been used to purchase the yen”. Following the action taken on 31 July, Becent confirmed media reports of the first joint United States-Japan intervention in the city since 1998 to support the yen, but has not yet indicated how much money has been spent. Kim Xian