Treasury Secretary Scott Bessent rebutted the idea that he and Donald Trump have presented different takes on the dollar, after the president had embraced the currency’s recent drop while Bessent had touted a “strong dollar policy.”
“That’s a false choice,” Bessent said on CNBC Friday when asked “which is it” between his and Trump’s recent comments.
The dollar climbed on Jan. 28 after Bessent said that the US “always has a strong dollar policy,” and that American authorities hadn’t intervened to drive the greenback down against Japan’s yen. The day before, the US currency tumbled when Trump was asked if ...
