Senator Elizabeth Warren demanded the answers of Howard Lottenick, President Donald Trump's candidate for the Minister of Commerce, regarding his tension -tense relations.
Before Lottennik confirmation session in the Senate, Warren Send a message Skepticize his ability to serve in a way that preservesUSDT).
Warren cited the role of Lutnick as Cantor Fitzgerland CEO, a Tether's main partner with a 5 % stake in the company. Fears about Tether's alleged participation in illegal financial activities, including Alleged relationships To North Korean weapons programs, drug cartridges, and terrorist groups.
"I write to express their serious concern about your candidacy to become Minister of Trade," Warren wrote. "In particular, your deep involvement with and support for Tether, a well -known facilitator of the criminal activity described as" Outlaws's favorite cryptocurrency ", raises concerns about your rule and your ability to put the interests of the American people in front of you financial interests."
Bible care
Warren's speech requests details about Lutnick's personal investments and companies in Tether, any discussions he had about the expression with Trump administration officials, and whether Cantor Fitzgerald has conducted due care to comply with the financial regulations, including fighting money laundering and terrorist financing laws.
She also indicated reports that Lutnick is used His position As a co -leader of Trump participating in promoting the interests of Cantor Fitzgerald's work, including expanding her relationship with Tether.
"Even after the elections, after you were exploited as Minister of Trade chosen by President Trump, Cantor Fitzgerald continued to deepen her relations with the rope, and agreed to serve as the backbone of the bitcoin loan program with billions of dollars."
Lutnick's nomination comes as Cantor Fitzgerarald Prepare to launch Bitcoin worth $ 2 billion (BTCThe Tether Endurance Initiative, a project that can expand to tens of billions.
With the increased organizational audit on Tether, Warren highlighted the 2024 comment from the financial manager of Tether, Giancarlo Devasini, who claimed that Lutnick would use his impact on the "defuse of the threats facing Tether".
"You cannot serve as a supporter of the paper while fulfilling the mission of the Ministry of Commerce in" creating conditions for economic growth and opportunity for all societies, "Warren stated.
13 questions Warren
Warren Lootnick sends a 13 detailed list of questions, seeking to clarify about his financial relationship with Tether. The responses were requested by February 10, with a focus on conflicting potential interests and organizational concerns surrounding Tether operations.
Questions seek clarity regarding the Lutnick's and Cantor Fitzgerland Financial Class in Tether, the due care that was conducted before Tether is accepted as a customer, and whether the company has complied with the anti -money laundering and penalties laws.
Warren is also looking for a Lutnick relationship with Tether Cfo Giancarlo Devasini and whether he discussed spices with Trump officials.
Some questions focused on the Lutnick family, including the roles he left for them in Cantor Fitzgerd.
Other questions focus on the alleged criminal investigation of Tether and whether Lutnick will undertake not to interfere in continuous investigations by the Ministry of Justice and Treasury.
Warren also wonders whether to relinquish Lottenic ethics may allow him to influence the decisions that affect Canor Fitzgerald, despite maintaining corporate relationships.
Confirmation of Lootnick
At the time of writing this report, Lutnick faces confirmation. If sure, Lottennik It will be honored Management responsible for commercial policy, economic development and business regulation. His candidacy confirms Trump Increase support For the encryption sector, which included support for digital asset initiatives and the proposed White House encryption policy positions.
Warren wrote: "If you are confirmed as Minister of Trade, you will have an extraordinary access to President Trump and other high -ranking officials responsible for regulating tension, and putting you in a position that allows you to influence policies that may directly or indirect The entire encrypted currency.
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