BlockBeats messages: On September 15, at a hearing, U.S. Treasury Secretary Bessent said that if clear Congressional authorization is required, he would meet with U.S. House Speaker Johnson. In the field of artificial intelligence, it is necessary to address both innovation and safety. We are waging the most important battle of our lives for strategic industries. The Treasury Department’s bond repurchase intervention has been successful. A funding offset plan for the $5,000 check “is underway.” The administration is encouraging lawmakers not to waive responsibility for artificial intelligence. “Blank liability checks” should not be provided to AI companies. In the past, assistance to Argentina generated tens of millions of dollars. We have maintained ongoing dialogue regarding the issue of Japan’s intervention. The United States used “notional amounts” in its yen intervention. The United States earned tens of millions of dollars from yen intervention. A strengthening yen benefits U.S. exporters. A stronger yen means the Japanese government does not need to sell U.S. assets.
