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Bessent Lauds 'Sanaenomics' Amid Yen Weakness and Sanctions

10/28/2025

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Summary

Story summary

U.S. Treasury Secretary Scott Bessent praised Japan's policy, calling it "Sanaenomics" and saying it builds on Abenomics during his first in-person meeting with Finance Minister Satsuki Katayama as Nikkei hit 50,000.
They discussed the yen's weakness to 153.26 per dollar and sanctions on Russia.
Japan remains committed to energy imports from Russia for energy security.
The visit is part of Asia tour with U.S. President Donald Trump.

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Story summary

U.S. Treasury Secretary Scott Bessent praised Japan's policy, calling it "Sanaenomics" and saying it builds on Abenomics during his first in-person meeting with Finance Minister Satsuki Katayama as Nikkei hit 50,000.
They discussed the yen's weakness to 153.26 per dollar and sanctions on Russia.
Japan remains committed to energy imports from Russia for energy security.
The visit is part of Asia tour with U.S. President Donald Trump.