On the record about
3 people · 24 quotes · 17 Oct 2022 to 24 Aug 2026
1 of 3 lane rests on fewer than 5 quotes and is marked thin. Offsets are days from the middle first-quote date, 17 Oct 2022 — a date, and nothing else. It is not a claim about who reached a view first.
Friedberg argues US dollar rally against weak global economies will create significant headwinds in 2023.
“And so the global economy collapsing or being very shaky right now and the US dollar rallying is not good for us.”
Bessent suggests Treasury has asymmetric information that justified joining Japan's market intervention.
“I think that the market should think, well, why would we have joined the Japanese in the intervention at this time? Do we know something the market doesn't know?”
Bessent threatens to remove from dollar system any entity facilitating Iranian money laundering.
“For example, every branch of bank melee must be shuttered and dark. And let me be clear, any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Bessent threatens to remove from dollar system any entity facilitating Iranian money laundering.
“For example, every branch of bank melee must be shuttered and dark. And let me be clear, any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Bessent warns entities facilitating Iranian money laundering face removal from dollar system.
“any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Bessent warns entities facilitating Iranian money laundering face removal from dollar system.
“any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Bessent warns those who don't meet expectations should expect to leave the dollar system.
“And if people do not want to meet our expectations, then we expect and they should expect that they should will leave the dollar system.”
Bessent warns those who don't meet expectations should expect to leave the dollar system.
“And if people do not want to meet our expectations, then we expect and they should expect that they should will leave the dollar system.”
Bessent says Trump Account dollars should work toward children's futures, not be diminished by unnecessary fees.
““Every dollar in a child’s Trump Account should be working toward that child’s financial future, not diminished by unnecessary fees,””
Bessent says Trump Account dollars should work toward children's financial future, not be diminished by unnecessary fees.
““Every dollar in a child’s Trump Account should be working toward that child’s financial future, not diminished by unnecessary fees,” said Treasury Secretary Scott Bessent”
Bessent warns Iran's enablers cannot access U.S. dollars, says Banque Misr UAE is being held accountable for supporting Iran.
““We also warned that Iran’s enablers cannot continue to enjoy access to the U.S. dollar and the global financial system.”
Bessent warns Iran's enablers cannot access U.S. dollars, says Banque Misr UAE is being held accountable for supporting Iran.
““We also warned that Iran’s enablers cannot continue to enjoy access to the U.S. dollar and the global financial system.”
“Treasury estimates that between January 2024 and June 2026, Banque Misr UAE processed approximately $1.8 billion for 103 companies that are potentially part of Iranian shadow banking networks.”
Williams reports fund managers say higher U.S. asset returns are discouraging diversification away from the dollar.
“Fund managers have also noted that higher relative returns offered by U.S. assets are discouraging diversification away from the U.S. dollar in global currency and asset allocation.”
Williams says fund managers increased FX hedge ratios on U.S. holdings during April dollar depreciation.
“Some global fund managers increased the FX hedge ratios of their U.S. asset holdings, particularly amid the notable dollar depreciation in April.”
Bessent threatens to remove entities facilitating Iranian money laundering from the dollar system.
“For example, every Bank Melli branch must be shuttered. And let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
Bessent threatens to remove entities facilitating Iranian money laundering from the dollar system.
“For example, every Bank Melli branch must be shuttered. And let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
Bessent warns entities facilitating Iranian money laundering will be removed from the dollar system.
“And let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
Bessent warns entities facilitating Iranian money laundering will be removed from the dollar system.
“And let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
Williams asks how payment technology and digital asset adoption affect the dollar's international reach.
“How do changes in payment technology and digital asset adoption alter the dollar’s international reach?”
Williams describes unusual April 2025 dollar depreciation alongside rising Treasury yields and falling equities.
“Amid elevated uncertainty in U.S. trade policy last April, we observed unusual price action: the dollar depreciated while Treasury yields rose and equities declined.”
Williams says dollar weakness in 2025 reflected higher hedging ratios, not actual asset sales by foreigners.
“Anecdotal reports, supported by jurisdiction-specific measures, indicate that some foreign investors raised the hedge ratios on their U.S.”
Williams argues dollar weakness reflected hedging mechanics rather than fundamental reassessment of U.S. assets.
“Understanding this distinction is critical because it suggests that the dollar's weakness stemmed largely from the mechanics of how hedging flows transmit through the FX market, rather than from a sudden shift in asset allocation.”
Williams says recent evidence suggests hedging activity driving dollar weakness may have plateaued.
“Recent evidence suggests this hedging activity may have plateaued, but it reinforces the need for consistent engagement with market participants to better understand shifts in trading activity that can have broader implications for the value of a currency and the FX market in general.”