Wall St veteran poised to shape the new US economic order

Stanley Drekimeller is veteran in Wall Street.
The veteran investor had no low year for three decades of his hedge administration or in the family office, which he later supervised for 14 years, according to people familiar with his returns.
Now the 71 -year -old billionaire impact extends beyond the world of high financing, as two of his reserves were established firmly inside Donald Trump’s inner circle.
Through Scott Bessent, US President’s Treasury Secretary, Kevin Warshsh, the pioneering competitor to be the upcoming Federal Reserve Speaker, Druckenmiller’s opinions on economic policy suddenly became more suddenly.
The founder of Duquesne Capital Management and the graduates of the hedge fund in George Soros are still in regular contact with Bessent and Warsh, according to people familiar with relationships.
Those close to Druckenmiller describe it as a strange ability to define promising deals and quickly amend his position when conditions require.
“In the macro, there is Stan, then there is anyone else,” Pesent told the Financial Times, adding that Druckeniller stood away from the package “in terms of performance, in terms of reverence and analysis.”
Less than two months after his second term, Trump exploded the international financing criteria in which macro traders such as Druckenmiller flourished, as he increased global trade through a set of definitions, and to tear the rules of fighting bribery and deviation towards protection.
While Druckenmiller supported the other Republicans, he did not donate the Trump campaign, and in October the candidate described the then “Blowhaard”. But he now has a direct line of the most important economic thinkers in the administration.
After high school in Virginia, Druckeniller went to BowDoin, a small liberal arts college in Main, before obtaining a job in 1976 at Pittsburgh National Bank, where he developed a rapprochement of both Pennsylvania Industrial and Investment City. While working in the regional lender, Duquesne began about $ 800,000.
Druckeniller received a great break in 1988 when George Soros rented him to the hedge box, where he remained until 2000 when he erupted on his own to operate Duquesne full -time.
He hired Bessent for the first time in Soros Fund Management more than three decades ago. Besides Soros, the two continued to make a notorious company for the company by shortening the British pound in the 1992 move that decreased in history as the trade that “broke the Bank of England”. Bessent then started its hedge box, Key Square Capital, which was launched with money from Druckenmiller.
Warsh has worked as a partner in Duquesne since 2011 – when Druckenmiller turned it into a family office – after leaving his previous role as a ruler in the Federal Reserve Council on policy disputes.


In 2017, Warsh lost to Jay Powell as a substitute for Trump, Janet Yellen as President of Fifa. Recently, he was also in competition with the role of the Treasury, as he created a briefly embarrassing dance between Druckenmiller Protégés, who also has a close relationship.
While Druckenmiller directed dozens of investors during his long career, he is close to BESSENT and Warsh, according to the people familiar with the matter, two of whom described their relationships similar to the relations between the father and the son.
Druckenmiller and Warsh communicate constantly, saying people familiar with their relationship, digesting new information in texts or fast calls, and sometimes they speak more than ten times a day.
Bessent also remains in frequent contact, according to people familiar with their communications, although they said that the nature of calls was now different, as Druckenmiller only participates in his view of the market.
The husband embodies the way Druckenmiller explains the markets and economic policy, says people familiar with their discussions, with the Echo Warsh and Bessent “Stan” to transfer their sites.
Druckenmiller and Warsh refused to comment.
Over the years, Druckeniller has not been shy of his views of economic policy – especially since the hedge fund was closed.
For more than a decade, he installed the budget deficit in the United States, which he described as a “debt bomb”. It has disturbed what excessive spending on entitlements such as social security and health assistance in Medicaid and Medicare. During the epidemic, the Federal Reserve has publicly criticized a very long wait to raise interest rates, which allowed inflation to rise.
He does not always get it properly. After he has repeatedly warned of the recession of the United States that has never passed, Druckenmiller joked at a conference in October that he expected six out of the past four, admitting that “I was expecting a recession at all.”
Some of the opinions of Druckenmiller collision with the alleged Trump plans. For example, the proposed tax cuts of the president, for example – including reducing tips, additional work and social security – do not herald a well of national debt that exceeds $ 36 million and a rise.
However, Druckenmiller supports Trump’s efforts to reduce costs since he took office, according to persons familiar with his thinking.
Druckenmiller customers chant it. Kane Langon, co -founder of Billionaire Home Depot, who met Druckenmiller when he was at Pittsburgh National Bank and invested in Duquesne for decades, Druckenmilller for decades, described as “genius” and “the best investor I knew ever”, which indicated his “personality” and “integration”.
Langon said that on the same day that he spoke to the Venangal Times times in early February, he spoke to Drukmeneller, and discussed “all the things that Trump does” – whether he was “equivalent equally happy” and annoyed them, although he refused to describe the details.
Druckeniller did not support Trump’s re -election, saying during the campaign that the industrial policies of both the Republican candidate and his democratic opponent, Kamala Harris, were “as bad as much”.
He said in a television interview in Bloomberg in October. “I do not judge anyone who wants to vote for Trump, but for me it is just a red line, so I will be able to write in someone when I go to the ballot boxes.”
Wall Street is also familiar with Druckenmiller at a great appreciation.
“If you are a policy maker – if you are in the cabinet, federal reserve, or whatever – I want [Druckenmiller’s] Opinion, because he has a very severe understanding of what the markets say. “” It can really divine market signals. “
Another veteran investor said: “Stan can read the market in ways that no one else can. It is iconoclast who takes nothing as a Muslim in it, including his views and beliefs. This allows him to be graceful and axis quickly, which turns a bad situation into a victory for him.”
But while Druckenmiller has many fans, some observers have raised concerns about a defect, perhaps the presence of two of the best economic policy makers in the country who have a similar view of the world.
“There are echoes here for the past,” said Andrew Levin, a professor at Dartmouth College who previously worked on the Federal Reserve as a special monetary policy consultant. “When you have a lot of people who all look at things in the same way and these people make decisions, there is just the risk of big mistakes.”
Either way, Trump decides to appoint him to the Federal Reserve in 2026, is scheduled to be “Druckonomics”, as a banker said, more influential than ever.
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2025-03-07 11:00:00