Stanley Druckenmiller & SEC Chair Gary Gensler 05/07/24

Squawk Pod

Duquesne Family Office CEO Stanley Druckenmiller says he was perplexed by the Fed’s pivot, and that the Federal Reserve “fumbled on the five yard line with the game on the line.” In an extended interview, Druckenmiller discusses his famously successful investing track record and his bets on AI. SEC Chair Gary Gensler has put pressure on crypto, recently delivering “Wells Notice” to Robinhood and Consensys; the crypto community is firing back, and he’s ready to defend the SEC’s perspective on Ethereum and its role in protecting investors. Plus, Hims & Hers CEO walked back some of his comments on hiring pro-Palestinian protesters after Wall Street and Main Street pushed back on him and his stock.

Stanley Druckenmiller - 4:15

Gary Gensler - 38:40

In this episode:

Gary Gensler, @GaryGensler

Joe Kernen,@JoeSquawk

Becky Quick,@BeckyQuick

Andrew Ross Sorkin,@andrewrsorkin

Katie Kramer,@Kramer_Katie