Bessent says bond-market intervention critique conversation went fine
By The BriefBrief
Treasury Secretary Scott Bessent defended the Trump administration’s bond-market intervention at a G20 finance ministers meeting, telling CNBC he spoke with investor Stanley Druckenmiller after Druckenmiller’s Aug. 24 op-ed and that the discussion “went fine.” Bessent said U.S. bond yields have been flat since the president took office while other yields rose.
WHO:Scott Bessent
WHAT:Bessent pushed back on Stanley Druckenmiller’s critique of the Treasury’s bond-market intervention, saying their conversation went “fine.”
WHEN:Reported Aug 31, 2026 at 5:00 PM ET
WHERE:Asheville, North Carolina, USA
WHY:Bessent was responding to Druckenmiller’s critical Wall Street Journal op-ed criticizing the Treasury’s larger government debt repurchase program.
Reporting from 2 identified publishers across this event arc.
