Warren and Wyden question Lutnick over reported Tether loan tied to family trusts

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Warren and Wyden questioned Commerce Secretary Howard Lutnick and Tether over reports that a trust tied to Lutnick’s children received a Tether loan linked to his multibillion-dollar Cantor Fitzgerald stake transfer. The senators said the reported arrangement could raise questions about Tether’s influence on Lutnick’s policy decisions because Lutnick helps shape U.S. crypto policy.

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