Lutnick's old firm pumps $10M into super PAC led by Tether executive
8 hours ago
- #campaign-finance
- #ethics
- #cryptocurrency
- Cantor Fitzgerald donated $10 million to the Fellowship crypto super PAC, which is led by Tether executive Jesse Spiro.
- Commerce Secretary Howard Lutnick sold Cantor Fitzgerald to his sons upon joining the White House, with possible financing from Tether, raising ethics concerns.
- The Fellowship PAC has spent on Republican campaigns, including in Georgia and for Senate races in Kentucky and Nebraska.
- Tether and Cantor Fitzgerald are closely linked, with Cantor owning a stake in Tether and custoding its reserves.