Senator Elizabeth Warren has expressed serious concerns regarding Howard Lutnick’s deep ties to Tether, particularly his company’s investment connections. She questions whether Lutnick can prioritize American interests over financial ties, given Tether’s contentious reputation.
Warren emphasizes that if confirmed, Lutnick could wield significant influence over cryptocurrency regulations, potentially affecting Tether’s operations. She has set a deadline for answers about his involvement with Tether and communications with Trump administration officials.
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