The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.
Bessent Backs Financial Support for Oil-Rich U.A.E.
The New York Times – Business:
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Bessent, Scott, Exchange Stabilization Fund (United States Treasury), Federal Reserve System, Oil (Petroleum) and Gasoline, Senate, Treasury Department, United Arab Emirates, United States International Relations, United States Politics and Government, US and Israeli Attack on Iran (2026), Van Hollen, Christopher Jr