Druckenmiller’s AI-assisted critique of Treasury buybacks fuels Bessent coordination theory

Stanley Druckenmiller’s criticism of Treasury Secretary Scott Bessent’s decision to at least double liquidity-support buybacks of longer-dated Treasury securities has prompted Anthony Pompliano to suggest the two former colleagues may be pursuing a coordinated strategy. Druckenmiller said artificial intelligence helped him write his Wall Street Journal op-ed, but that its ideas were his own. Pompliano, founder and CEO of ProCap Financial, theorized that Bessent could privately share Druckenmiller’s concerns about government spending and debt while publicly advancing the buyback policy. Benzinga said it could not independently verify that Bessent instructed Druckenmiller to write the article. The episode also reflects a broader debate over AI-assisted writing, following criticism involving UC Berkeley professor Zvezdelina Stankova and a New York Times freelancer.

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