🇺🇸 Tether custodian to become U.S. Secretary of Commerce

‼️ According to Donald Trump’s announcement, Howard Lutnick, President and CEO of Cantor Fitzgerald, will serve as the Secretary of Commerce in the new U.S. administration.

✅ Since 2021, Cantor Fitzgerald has been the custodian of Tether’s reserves, and Lutnick is well-known as a strong advocate for Bitcoin and other digital assets.

His primary role in the new position will involve overseeing American technology and enforcing tariffs that the new administration plans to impose on Chinese imports.