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.
TL;DR
- 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.