Finance Pro Linked to Tether, Howard Lutnick, Nominated For Trump’s Cabinet
- Donald Trump has nominated Howard Lutnick, CEO and Chairman of financial services firm Cantor Fitzgerald, to serve as his Secretary of Commerce.
- Lutnick has had a long career on Wall Street, having served as Cantor Fitzgerald CEO since 1991 — he is also knowledgeable about the crypto industry and a supporter of Bitcoin.
- Lutnick’s firm has managed the treasuries and bond portfolios for stablecoin issuer, Tether, since 2021 and 2023 respectively and also plans to launch a Bitcoin financing business.
Incoming US President, Donald Trump, has nominated the pro-crypto Wall Street veteran, Howard Lutnick, to serve as his Secretary for Commerce. Lutnick has a long history at the upper echelons of the US finance…