Trump's transition chief under fire for 'totally sketchy' conflicts of interest
Source: Politico
10/23/2024 06:15 AM EDT
Howard Lutnick, the Wall Street CEO heading up Donald Trumps transition operation, is facing accusations from some Trump insiders that he is improperly mixing his business interests with his duties standing up a potential administration.
The alarm among Trumps loyalists has been compounded by the belief that Lutnick has tried to sideline a host of aides and advisers who worked in the first Trump administration in hopes of instead filling the second administration with new people who could be personally beneficial to him. The concerns were described by two people close to Trump, who said they have risen all the way to the ex-president himself. They have prompted speculation that Lutnick might be demoted or made to report to another Trump loyalist on transition matters.
Lutnicks camp rejects the double-dealing allegations and suggests they are a smear pushed by some ex-Trump officials associated with Project 2025 the now-defunct Heritage Foundation project that has become a political albatross for Trump who are upset with Lutnick for refusing to consider them for key positions. The entire transition team is solely focused on ensuring President Trump is victorious and that he is ready to start building out his historic second administration immediately with dedicated individuals who will advance his America First agenda, Lutnick said in a statement.
The most serious accusations involve Lutnick taking meetings on Capitol Hill in his role as transition co-chair, then allegedly using the opportunity to talk about matters impacting his investment firm, Cantor Fitzgerald including high-stakes regulatory matters involving its cryptocurrency business.
Read more: https://www.politico.com/news/2024/10/23/howard-lutnick-trump-transition-scrutiny-00184985
Ray Bruns
(4,727 posts)groundloop
(12,386 posts)Martin68
(24,726 posts)cons.
Farmer-Rick
(11,538 posts)To collect more money for his firm. He's probably feeding all that info into his firm already.
This is why you should not allow a convicted felon and leader of an insurrection against the US to run for office. Just imagine all the info they now have access to.
But the Supremes allowed it despite what the Constitution said.
JoseBalow
(5,630 posts)nature-lover
(1,718 posts)Ramsey Barner
(669 posts)Yes, they named it after the cryptocurrency. These guys are shameless.
https://getdge.org/
The most serious accusations involve Lutnick taking meetings on Capitol Hill in his role as transition co-chair, then allegedly using the opportunity to talk about matters impacting his investment firm, Cantor Fitzgerald including high-stakes regulatory matters involving its cryptocurrency business.
[From the OP]
GB_RN
(3,217 posts)There are so many people around him with conflicts of interest (and/or corrupt as fuck), that its probably easier to do a list of who doesnt have any conflicts.
mahina
(19,043 posts)How many years of being a scammer and a hustler have you had?
Tell us a story about your memorable hustles.
What are your scamming weaknesses?
happy feet
(1,114 posts)No honor among scoundrels