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Two US Senators Seek Loan Documents From Commerce Secretary Lutnick and Tether

GateNews
USDT newsRegulation & PolicyEnforcement Actions

According to Bloomberg News, Senators Elizabeth Warren and Ron Wyden requested information from US Commerce Secretary Howard Lutnick and cryptocurrency firm Tether on Wednesday regarding a loan between the company and a trust benefitting Lutnick’s children. The senators wrote that the loan “raises serious questions about your relationship with Tether and the company’s influence on your policy decisions,” and expressed concern that Tether may have sought to bribe or exert control over Lutnick.

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