Senator Warren Challenges Commerce Secretary Lutnick Over Tether's Alleged Loan to His Family
U.S. Commerce Secretary Howard Lutnick, formerly the CEO of Cantor Fitzgerald, which handles Tether's U.S. finances, is facing questions from Senate Democrats regarding reports that his children's trust received a loan from Tether to facilitate Lutnick's divestment of his company stake to them. Senators Elizabeth Warren and Ron Wyden have asked Tether, a leading global stablecoin issuer, whether …
April 30, 2026, 5:06 p.m.