@isabxllela
U.S. Commerce Secretary Howard Lutnick’s ties to Tether, via Cantor Fitzgerald’s 5% stake, are under scrutiny. Tether’s founder reportedly expects Lutnick to ease regulatory pressure. El Salvador’s crypto industry, backed by Tether’s Bitfinex, raises concerns about foreign influence. The SEC and Office of Government Ethics are reviewing potential conflicts. Tether’s role in stablecoin markets makes regulatory clarity critical, with implications for global crypto stability.