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Legal AF by MeidasTouch

Top Trump Official Under Investigation for Financial Crimes?!

Legal AF by MeidasTouch

Meidas Media Network

News Commentary, News

4.96.1K Ratings

🗓️ 16 August 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

A new Senate Probe is focused on whether Trump’s Commerce Secretary Howard Lutnick— the architect of the Tariff scheme— violated insider trading laws and other securities law violations along with his sons and their family business Cantor Fitzgerald, when that company reportedly set up a business to profit on the Trump Tariffs being STRUCK DOWN by a Court. Michael Popok reports. Done With Debt: Visit https://DoneWithDebt.com and talk to a strategist for FREE! Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Leading Senate Democrats have started a new probe of Howard Lutnik, the Commerce Secretary's

0:06.0

former family business, the one that's currently being run by his sons and led by Brandon

0:11.7

Lutnik. I think he's 28 years old because Elizabeth Warren and Ron Wyden, the two

0:17.5

ranking Democrats on the Senate Finance Committee want to know more about what

0:22.5

was reported last month that Canter is betting against Donald Trump and his tariffs by offering

0:30.0

to buy by potential refunds from companies who are being overcharged on tariffs that are likely, as we have reported,

0:39.6

likely to be struck down as an improper exercise of presidential power. So let's get this straight.

0:46.8

Cantor Fitzgerald, a family business run by the family, the sons of the Commerce Secretary,

0:53.0

where the Commerce Secretary has control over the tariffs, is sons of the Commerce Secretary, where the Commerce Secretary has

0:54.8

control over the tariffs, is betting against the tariffs.

0:58.0

That was the reporting from a month ago in Wired Magazine, by offering to sell a

1:02.2

instrument or a product to its counterparties, to its clients that would allow them to effectively

1:08.1

sell their potential refunds for cents on the dollar,

1:12.1

where Canter would reap hundreds of millions of dollars.

1:15.2

And now Elizabeth Warren wants to know more about that.

1:18.8

I'm Michael Popock, and hopefully you want to know more about it here on the Midas Touch Network and on Legal A.F.

1:24.3

Okay, let's get to the story.

1:26.4

What happened?

1:27.3

Well, I did the report originally here

1:29.5

on the Midas Dutch Network about the instrument, the product that Canter Fitzgerald was selling.

1:35.8

Now, look, Cantor Fitzgerald may no longer be run by Howard Lucknick any longer, but only by his two

1:42.0

sons. However, it's also done an extraordinary job since the election at increasing its revenue.

...

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