Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.

Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on Commerce, Science and Transportation that he would divest “all of my interests, my business interests, all of my assets, everything.”

Cantor Fitzgerald CEO and Commerce Secretary nominee Howard Lutnick became visibly emotional at his confirmation hearing Wednesday as he recalled the more than 650 employees — including his

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

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

In a recent industry report focused on Biotechnology stocks, particularly those innovating in neurology and psychiatry, Cantor Fitzgerald highlighted a positive outlook despite broader market uncertainties.

Fintel reports that on January 29, 2025, Cantor Fitzgerald upgraded their outlook for Beam Therapeutics (NasdaqGS:BEAM) from Neutral to Overweight. Analyst Price Forecast Suggests 87.91% Upside As of January 29,

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

Donald Trump's pick for Commerce secretary underlined that big and broad tariffs are top of mind both for him and the president during his confirmation hearing Wednesday.

Howard Lutnick, President Donald Trump's nominee for Commerce Secretary and CEO of Cantor Fitzgerald, says the firm has no equity in Tether, a controversial crypto firm. But he does say Cantor owns a convertible bond with Tether.

Several of President Donald Trump's Cabinet nominees underwent intense questioning on Capitol Hill as they seek to be confirmed into the administration.

Howard Lutnick, the financier President Trump has picked to lead the Commerce Department, said he favored “across-the-board” tariffs and was grilled about his financial ties in a nomination hearing Wednesday.