Business
Investor Criticizes Treasury Secretary
Stanley Druckenmiller, a former mentor of Treasury Secretary Scott Bessent, has criticized the secretary’s recent bond market actions. The criticism highlights ongoing tensions within financial circles.
Coverage timeline — 2 articles
MarketWatch
“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”
2026-08-25 09:15 UTC
MarketWatch
Treasury Secretary Scott Bessent’s recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller — his long-time ally and mentor.
2026-08-25 09:17 UTC