WSJ: Trump’s Commerce Secretary Pick Leads Firm That Reportedly Struck $600M Tether Deal

According to a Wall Street Journal (WSJ) investigation, Howard Lutnick, Trump’s nominee for Commerce Secretary and current presidential transition adviser, maintains significant business connections with cryptocurrency giant Tether through his firm Cantor Fitzgerald. The Journal reported on Saturday that Cantor Fitzgerald, where Lutnick serves as chairman, holds the majority of Tether’s $134 billion in assets, […]