β Banking With Billy News
πΊπΈπ―π΅ BREAKING
TREASURY SECRETARY SCOTT BESSENT JUST CALLED ON THE FED TO UPSHIFT ITS FIMA REPO FACILITY
THIS RARE MOVE GIVES JAPAN A BIGGER BACKSTOP TO DEF
BWB News TV β’ 2026-08-04 08:29 UTC β’ By Billy Odell Tucker-Robinson
πΊπΈπ―π΅ BREAKING
TREASURY SECRETARY SCOTT BESSENT JUST CALLED ON THE FED TO UPSHIFT ITS FIMA REPO FACILITY
THIS RARE MOVE GIVES JAPAN A BIGGER BACKSTOP TO DEFEND THE YEN WITHOUT DUMPING U.S. TREASURIES
THE FACILITY LETS FOREIGN CENTRAL BANKS SWAP TREASURIES FOR DOLLARS SHORT-TERM
BESSENT SAYS ITβ¦
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