Senators Elizabeth Warren and Ron Wyden are pressing Tether and Commerce Secretary Howard Lutnick over a reported loan tied to a trust benefiting his children, raising fresh questions about conflict of interest, crypto regulation, and whether Washington is once again getting a little too comfortable with money that should be under a microscope. Probe launched: […]
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Lutnick Warns High Interest Rates Are Choking U.S. Economic Growth—and Crypto Feels the Heat At the World Economic Forum in Davos, Switzerland, U.S. Commerce Secretary Howard Lutnick dropped a bombshell of cautious optimism about the American economy, projecting growth could soar past 5% by early 2026 with a $30 trillion base. But there’s a massive […]
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China Rejects Nvidia H20 AI Chips Amid US-China Tech War After Lutnick’s Remarks China has launched a bold offensive against Nvidia, urging its tech giants to abandon the company’s H20 AI chips in response to a stinging comment from US Commerce Secretary Howard Lutnick. This escalating spat isn’t just a petty grudge—it’s a flashpoint in […]
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Trump’s Tariff Turmoil: Global Markets Tumble, Cryptocurrency Volatility Soars U.S. President Donald Trump’s aggressive tariff policy targeting the ‘Dirty 15’ countries has sent shockwaves through global markets, with a significant downturn hitting traditional stocks and cryptocurrencies alike. As investors scramble to adjust, accusations of profiteering have surfaced, raising questions about conflicts of interest at the […]
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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 […]
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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 […]
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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 […]
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