Elizabeth Warren sends a letter to Scott Bessent criticizing Treasury's foreign exchange activity.
Bessent responds by calling it "sciolistic," says she doesn't know the difference between a currency purchase and a swap, and offers to give her a personal tutorial on "Foreign Exchange for Dummies."

Bessent responds by calling it "sciolistic," says she doesn't know the difference between a currency purchase and a swap, and offers to give her a personal tutorial on "Foreign Exchange for Dummies."

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