Bill Ackman Criticizes U.S. Treasury Secretary's Bond Holdings

According to Odaily, Bill Ackman, founder and CEO of Pershing Square Capital Management, recently expressed concerns on the X platform regarding U.S. Treasury Secretary Howard Lutnick's stance on the stock market and economic downturns. Ackman suggested that Lutnick's indifference is due to his and Cantor's significant bond holdings, which could yield profits during economic collapses. Ackman criticized the decision to appoint someone with substantial fixed-income bond investments as Commerce Secretary, citing an irreconcilable conflict of interest.