The Exchange
The Exchange
CNBC
Bessent’s Bond Battle, Go Broad Not Bearish, and Stripe’s Strategy 8/20/26
43 minutes Posted Aug 20, 2026 at 6:13 pm.
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Show notes
Former OMB Director Mitch Daniels on the Trump administration’s fiscal policy fight. Five-star fund manager Matt McLennan says despite the rising bond risks, investors should broaden their holdings, rather than get bearish. Plus, why Stripe could stay private for the long-term.