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Bessent's Bond Buying "Mistake" | Bloomberg Businessweek Daily 8/25/2026
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August 25, 2026
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57:23Now PlayingTreasury Secretary Scott Bessent's mentor Stanley Druckenmiller says the Treasury's bond buying plan is a mistake. Bloomberg News Economy Editorial Director Erik Schatzker explains Druckenmiller's reasoning for calling out his mentee, and the implications of the Treasury Secretary's moves. Then, Balance of Power Co-Anchor Kailey Leinz interviews Northrop Grumman CEO Kathy Warden about the defense industry and its relationship with the US Government. Plus, Amazon's VP of Alexa and Echo Daniel Rausch about what's next for Amazon's at-home smart devices.
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