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Howard Lutnick set the tariffs four times too high. While he swore they were permanent, his son's firm was buying the refunds at 20 cents on the dollar. Supreme Court reversed. $180 billion owed. Make Lutnick infamous - share this music video.

262,209 次观看 • 5 个月前 •via X (Twitter)

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Howard Lutnick has some explaining to do… 🚨 It appears Howard Lutnick’s Family greatly benefited from the SCOTUS Ruling against President Trump Today The Supreme Court just ruled against President Trump’s tariff powers, which we know could trigger refunds of up to $175 billion (or more). Well… Howard Lutnick was the Chairman and CEO of Cantor Fitzgerald, a global financial services firm. Howard Lutnick stepped down from Cantor Fitzgerald when he became President Trump’s Commerce Secretary — then transferred control and ownership of Cantor Fitzgerald (and related entities like BGC Group and Newmark Group) to trusts benefiting his adult children, with his two eldest sons—Brandon Lutnick (Chairman & CEO) and Kyle Lutnick (Executive Vice Chairman)—taking primary leadership and control. In mid-2025, Cantor Fitzgerald marketed and reportedly executed deals to purchase importers' rights to potential FUTURE TARIFF REFUNDS at steep discounts of 20-30 cents on the dollar— essentially betting on a court ruling that the tariffs would be deemed illegal and refunds issued. With the SCOTUS decision now ruling against President Trump — any such acquired refund claims held by Cantor Fitzgerald stand to pay out at full value (100 cents on the dollar, minus what they paid upfront), delivering MILLIONS of dollars in profits to the family-controlled firm. To be clear… the SCOTUS’ ruling just means they are leaving mechanics of what gets paid back to the lower courts/Treasury, but the Lutnick Family betted against President Trump… and won. This is extremely concerning to me because Lutnick has publicly expressed strong confidence in a SCOTUS win for the tariffs for months saying he believes SCOTUS will rule in Trump’s favor… meanwhile, his children did the exact opposite and betted against it. This screams ethics violations…

MJTruthUltra

109,059 次观看 • 7 个月前

Season 1, Episode 6: THE ONE WHERE HOWARD LUTNICK GETS IN BED WITH TETHER AND SCORES A MASSIVE PAYDAY On May 17, 2024, Giancarlo Devasini, reportedly owner of the majority of Tether’s voting stock, told an associate that he had given Howard Lutnick a large number of shares “bloody cheap”. Devasini’s admission followed Lutnick’s January 2024 Bloomberg appearance in Davos when, unprompted by the interviewer, Lutnick launched into a long monologue in which he passionately vouched for Tether. In his confirmation hearing on Jan. 29, 2025, Lutnick, now the United States Commerce Secretary, admitted that Devasini sold his firm @CantorFitzgerald a 5% economic interest in Tether in early 2024 for $600 million, implying a $12 billion valuation. Fast forward to today, as Tether is currently marketing a private fundraising round of $20 billion on a $500 billion pre-money valuation, which would balloon the Lutnick/Cantor stake by ~42x, to around $25 billion. The fundraising is reportedly being led directly by “the Chairman’s office” at Cantor, according to a source. While Cantor is not publicly listed, LLMs estimate the bank’s enterprise value in the $8-10 billion range, a figure now dwarfed by the imputed value of its Tether stake. On June 8, 2024, Devasini said of Lutnick: “Howard is a caricature of himself. He’s a shark. He’ll take a piece of flesh if he has a chance. So the game is always to align his interest.” The big question, then, which perhaps The Wall Street Journal Bloomberg Financial Times The New York Times may be interested to dig into: Who does Howard Lutnick, the current Commerce Secretary of the United States, really work for? And for Donald J. Trump: When push comes to shove, is Howard Lutnick going to have your back, or will he do the bidding of the guys who are making him rich beyond anything you could ever do for him? Note: The Senate Committee responsible for oversight is Banking, Housing, and Urban Affairs, led by Tim Scott Senator Tim Scott and Elizabeth Warren Elizabeth Warren. The House Committee is Financial Services, led by French Hill French Hill and Maxine Waters Maxine Waters.

Cory 🦢 Real Bitcoin @ Swan.com

251,707 次观看 • 10 个月前