Senator Warren Challenges Commerce Secretary Lutnick Over Alleged Tether Loan to Family Members
U.S. Commerce Secretary Howard Lutnick, formerly the CEO of Cantor Fitzgerald, which manages Tether's U.S. financial operations, is facing scrutiny from Senate Democrats regarding allegations that his family received a loan from Tether to facilitate the transfer of his company stake to his children. Senators Elizabeth Warren, ranking Democrat on the Senate Banking Committee, and Ron Wyden, top De…
April 30, 2026, 5:06 p.m.