irenefromct.bsky.social
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Last month, WIRED reported that the investment banking arm of Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, was exploring creating a financial product for clients to bet on whether Trump’s signature tariffs would be struck down in court.
Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them
A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in cou...
www.wired.com
August 14, 2025 at 1:36 PM