Latest News and Articles about Howard Lutnick
Howard Lutnick Confirmed as US Commerce Secretary: Charting Crypto’s Future
Howard Lutnick Confirmed as US Commerce Secretary: Navigating Crypto’s Future Howard Lutnick, CEO of Cantor Fitzgerald and a vocal cryptocurrency advocate, has been confirmed as the US Commerce Secretary with a 16-12 vote by the Senate Commerce Committee. His appointment heralds a new era for the Trump administration’s push towards cryptocurrency innovation and the potential […]
Read MoreLutnick Proposes Audits and Treasury Backing for US Dollar Stablecoins Amid Tether Scrutiny
Commerce Secretary Nominee Lutnick: US Dollar Stablecoins Need Audits and Treasury Backing Howard Lutnick, President Trump’s nominee for U.S. Commerce Secretary, faced intense scrutiny during a Senate hearing over his ties to Tether and the potential misuse of its USDT stablecoin. Stablecoins, cryptocurrencies designed to maintain a stable value often pegged to fiat currencies like […]
Read MoreSen. Warren Slams Trump’s Commerce Nominee Over Tether Ties Amid El Salvador Move
Anti-crypto Sen. Warren Targets Pro-crypto Commerce Secretary Nominee Howard Lutnick Senator Elizabeth Warren has launched a pointed attack on Howard Lutnick, President Trump’s Commerce Secretary nominee, over his firm’s ties to the controversial stablecoin issuer, Tether. The senator’s concerns focus on Tether’s compliance issues and its alleged involvement in illicit activities, while Tether plans to […]
Read More