US Treasury Secretary Scott Bessent speaks during a press briefing in the Brady Briefing Room at the White House on April 15, 2026. Brendan Smialowski/AFP via Getty Images
Japan and the United States reaffirmed their cooperation on currency-market developments during meetings in Tokyo on May 12, as renewed volatility in the yen continued to draw attention from investors and policymakers.
Japanese Finance Minister Satsuki Katayama told reporters after meeting U.S. Treasury Secretary Scott Bessent that the two sides discussed exchange-rate movements and agreed to maintain close communication on financial markets.
