BlockBeats News, January 24th, according to a document from the U.S. Office of Government Ethics, Trump's nominated Secretary of Commerce Howard Lutnick detailed his financial information. Howard Lutnick stated that once his nomination is confirmed, he will sell his shares in several companies such as GE Healthcare, GE Vernova, GE Aerospace, and Nasdaq.
BlockBeats Note: Howard Lutnick is a public supporter of Bitcoin and cryptocurrency. He explicitly stated his ownership of Bitcoin at the 2024 Bitcoin Conference and revealed that his company, Cantor Fitzgerald, also holds a significant amount of Bitcoin. Cantor Fitzgerald has a close financial partnership with Tether, the world's largest stablecoin issuer, managing billions of dollars in U.S. Treasury bonds for Tether, which are used to support the value of Tether's USDT stablecoin. This collaboration has brought substantial profits to Cantor Fitzgerald and has made Lutnick a key supporter of Tether in the United States.