Treasury Sec. Scott Bessent Schools Elizabeth Warren – Offers Her ‘Foreign Exchange for Dummies’
Treasury Secretary Scott Bessent recently smacked down Massachusetts Senator Elizabeth Warren and it was a thing of beauty. The post Treasury Sec. Scott Bessent Schools Elizabeth Warren – Offers Her ‘Foreign Exchange for Dummies’ appeared first on The Gateway Pundit.
Senator Elizabeth Warren sent a letter to Treasury Secretary Scott Bessent expressing concerns about foreign exchanges and the use of the Exchange Stabilization Fund to boost financial markets and inflate the Japanese yen. Bessent responded sharply on Twitter, stating Warren displayed a lack of knowledge about foreign exchange markets and banking, and offered her a tutorial.
- Senator Elizabeth Warren questioned the Trump Administration’s use of the Exchange Stabilization Fund for foreign exchange operations, specifically regarding the Japanese yen.
- Warren raised concerns about the justification and cost to taxpayers for these interventions.
- Treasury Secretary Scott Bessent responded publicly on Twitter, criticizing Warren’s understanding of foreign exchange markets.
- Bessent suggested Warren needed an entry-level course in international finance or a ‘Foreign Exchange for Dummies’ tutorial.
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