A billionaire who experienced the 9/11 terrorist attacks and lost loved ones but managed to rebuild a financial empire from the rubble has now transformed into a candidate for Secretary of Commerce nominated by Trump. This legendary figure, Howard Lutnick, has a story more exciting than a movie!
Lutnick, the Chairman and CEO of Cantor Fitzgerald, is not only a seasoned financier on Wall Street but also a loyal fan of Bitcoin. He has publicly expressed optimism about Bitcoin on multiple occasions and has even personally collaborated with Tether to manage a large inventory of U.S. Treasury bonds for its USDT stablecoin. If such a financial mogul becomes Secretary of Commerce, what impact will it have on Bitcoin and the entire crypto industry?
In addition to being a Bitcoin fan, Lutnick is also a survivor of the 9/11 terrorist attacks. In that shocking disaster, he lost his beloved brother and two-thirds of his employees. However, he was not defeated; instead, he relied on his strong will and exceptional leadership to lead Cantor Fitzgerald to be reborn from the ruins, becoming an inspirational legend on Wall Street.
Now, Trump's nomination of Lutnick as Secretary of Commerce is undoubtedly a recognition of his abilities and experience. If confirmed by the Senate, Lutnick will be responsible for expanding U.S. economic growth and promoting domestic industries, while also directly overseeing the work of the U.S. Trade Representative's office. This means he will play a central role in implementing Trump's proposal to impose tariffs on U.S. imports.
So, how will Lutnick promote the development of the U.S. economy after becoming Secretary of Commerce? Will he continue to support the development of Bitcoin and the crypto industry? These questions are worth our contemplation and anticipation.
In the view of Mlion, Lutnick's nomination is not only an affirmation of him personally but also an encouragement for the entire financial and crypto industry. His legendary experience and firm beliefs will undoubtedly inject new vitality and momentum into the development of the U.S. economy.
If you are also interested in Lutnick's nomination or want to learn more about the latest developments in Bitcoin and the crypto industry, be sure to follow Mlion! Mlion will bring you the most timely, accurate news reports and in-depth analysis.
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