Cantor Fitzgerald has a convertible bond with Tether, incoming Commerce Secretary Howard Lutnick said at his confirmation hearing, confirming previous reporting by The Wall Street Journal that

Even as he stumped for Donald Trump, Howard Lutnick’s commercial real estate firm was wooing clients across the southern border.

Tether has undeniably played a pivotal role in bridging traditional finance with the digital currency world. However, its associations with illicit activities and concerns about transparency may pose systemic risks.

Howard Lutnick, President Trump's pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.

President Donald Trump's nominee to head the U.S. Commerce Department will tell senators on Wednesday he will "take a thoughtful and rigorous approach" to overseeing the agency but did not offer any specifics on tariffs or China policy.

The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald Trump's nominee to lead the Commerce Department, the agency that has become a key U.S. tool in its efforts to constrain China's tech sector.

Democratic Senator Elizabeth Warren is pressing Commerce secretary nominee Howard Lutnick on connections ... much he and Cantor Fitzgerald — the Wall Street investment bank and brokerage ...

Cantor Fitzgerald Chief Executive Officer Howard Lutnick is widely seen as having a clear path to Senate confirmation as Commerce secretary, Bloomberg's Sridhar Natarajan says on "Bloomberg Open Interest.

Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)

The president’s closest allies in Congress and serving under his administration have called for a ‘tariff-first-talk-second approach,’ the Wall Street Journal reported ... are Commerce Secretary nominee Howard Lutnick, who is currently the CEO ...

During a confirmation hearing to become Commerce Secretary, the billionaire Bitcoin backer faced questions about his firm’s ties to Tether.