Here’s a small sample of the letters from Democratic members of Congress I’ve covered since Trump took office. Most were ignored, but they laid the groundwork for what they need to do in January.
from Sen. Richard Blumenthal, Ranking Member, Permanent Subcommittee on Investigations
… illicit use of cryptocurrencies and the Trump Administration’s selfenrichment and self-dealings with cryptocurrency firms. President Trump has made over $2 billion since his return to office, with most of this sum coming from his family’s crypto ventures. … Cantor Fitzgerald’s former Chairman and current Secretary of the Department of Commerce, Howard Lutnick, has made over $250 million in that same time period, …
Dear Mr. Lutnick:
The Senate Permanent Subcommittee on Investigations (“PSI” or the “Subcommittee”) Minority is investigating the illicit use of cryptocurrencies and the Trump Administration’s selfenrichment and self-dealings with cryptocurrency firms. President Trump has made over $2 billion since his return to office, with most of this sum coming from his family’s crypto ventures. Similarly, Cantor Fitzgerald’s former Chairman and current Secretary of the Department of Commerce, Howard Lutnick, has made over $250 million in that same time period, including a $192 million distribution from Cantor Fitzgerald. Cantor Fitzgerald has benefited alongside Lutnick in the last two years, in large part due to its partnership with Tether. Since the President’s return to office, Cantor Fitzgerald’s five percent stake in Tether has increased in value from $600 million to an estimated $10 billion, in addition to the tens of millions of dollars the company collects every year from the assets it holds for Tether. ...
The Senate Permanent Subcommittee on Investigations (“PSI” or the “Subcommittee”) Minority is investigating the illicit use of cryptocurrencies and the Trump Administration’s selfenrichment and self-dealings with cryptocurrency firms. President Trump has made over $2 billion since his return to office, with most of this sum coming from his family’s crypto ventures. Similarly, Cantor Fitzgerald’s former Chairman and current Secretary of the Department of Commerce, Howard Lutnick, has made over $250 million in that same time period, including a $192 million distribution from Cantor Fitzgerald. Cantor Fitzgerald has benefited alongside Lutnick in the last two years, in large part due to its partnership with Tether. Since the President’s return to office, Cantor Fitzgerald’s five percent stake in Tether has increased in value from $600 million to an estimated $10 billion, in addition to the tens of millions of dollars the company collects every year from the assets it holds for Tether. ...
full letter (PDF) · highlights mine
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