Commerce Secretary Howard Lutnick announced plans to extract government equity stakes from major corporations like Intel and Lockheed Martin in exchange for federal support, using tariffs and export licenses as pressure tools through a secretive ‘Investment Accelerator’ initiative. …
Howard LutnickDepartment of CommerceIntelLockheed MartinTrump Administrationinstitutional-capturecorporate-coercionregulatory-extortionsystematic-corruption
Commerce Secretary Howard Lutnick’s deep ties to the cryptocurrency industry have raised concerns about potential regulatory capture. Through his firm Cantor Fitzgerald and personal investments, Lutnick has significant financial interests in crypto firms while leading the Trump …
Donald TrumpHoward LutnickElizabeth WarrenTrump Administrationcryptoregulatory-capturetrump-administrationfinancial-corruption
Commerce Secretary Howard Lutnick overhauled the $42.5B BEAD broadband program to adopt “tech-neutral approach” allowing satellite providers like Starlink to receive $10-20B instead of expected $4.1B, while directing staff to “increase satellite usage regardless of other …
Howard LutnickDepartment of CommerceElon MuskStarlinkconflict-of-interestregulatory-capturestarlinkbroadbandmusk-benefits
The SEC charged Cantor Fitzgerald $6.75 million for systematic disclosure violations in two SPAC transactions involving View, Inc. and Satellogic. The firm misled investors by claiming no substantive discussions with merger targets existed, despite already negotiating potential mergers. This …
Securities and Exchange Commission (SEC)Cantor FitzgeraldHoward LutnickView, Inc.Satellogicspac-frauddisclosure-violationssec-enforcementcantor-fitzgeraldhoward-lutnick+3 more