Top Trump Official Under Investigation for Financial Crimes?!
Legal AF by MeidasTouch
Meidas Media Network
4.9 • 6.1K Ratings
🗓️ 16 August 2025
⏱️ 11 minutes
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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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