The post Tether’s Custodian and Donald Trump’s Commerce Chief appeared on BitcoinEthereumNews.com.

Howard Lutnick is a great leader in the enterprise who has run Cantor Fitzgerald and BGC Group with such fortitude. His fame was created by his leadership during the attacks of 11 September when he lost many friends and even his brother. Recently, his name is no longer only associated with finance but politics as well, when Donald Trump appointed him Commerce Secretary, placing him in the middle of economic policy debates.  The fact that Lutnick is also heavily involved in the finance and technology space, specifically cryptocurrency — especially with Tether’s $2 billion Bitcoin lending programme — serves as a reminder of this. This placement puts him in line with the biggest developments in blockchain and he’s popular with both analysts and cryptoheads. Financial pundits on Twitter and elsewhere are abuzz with views on Lutnick’s tactics, as are finance commentators on the web and in person.  His nomination as Commerce Secretary not only takes his finance expertise to the political front but encourages discussions on how this may affect U.S. economic policies. He has some in the industry on his trail, and some say that his combination of old finance and new technology will help shape some new policies. Such a combination of political and technical expertise makes Lutnick one to watch in the coming months.  Early Life and Education   Howard Lutnick was born with business resilience and determination. Growing up in New York, he had his own struggles: he lost his parents in teenage life. From there, he was escorted to a great university and his brilliant career in finance and technology.  Birth and Family Background   Lutnick, Howard William was born on 14 July 1961 in Jericho, New York. He was influenced by his family in childhood. His father, Solomon Lutnick, was a history professor, and his mother,…

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Filed under: News - @ November 27, 2024 9:23 am