Dow Jones| Nasdaq | US Stock Market Today | Live: US stock futures rise as strong AI-linked earnings lift sentiment

It would be reasonable for the ​Federal Reserve to increase the ​size of a stopgap liquidity facility that ​Japanese authorities are eyeing for use in their effort to prop up the yen given the bond market has grown ‌since the facility ⁠was ⁠launched, Treasury Secretary Scott Bessent said on Tuesday.

“The facilities that ​the Federal Reserve has, whether it’s the FIMA facility or the swap lines, the purpose is to protect the U.S. economy and to keep any ​volatility offshore, prevent it from ⁠happening before it ‌reaches our U.S. shores,” Bessent ​said in ​an interview on CNBC two days after ⁠confirming a joint U.S.-Japan intervention last week to ​support the yen.