Lutnick Pushed to Weaken Chip Rules That Overlap with His Family Business

https://wallhop.io/https://www.nytimes.com/2026/11/15/us/pol...

Lutnick is a TRAITOR, he manipulated the system to benefit his company, at the expense of the National Security of the US, by investing in this Malaysian data center which in effect, allowed the Chinese military a source to run their code on Blackwells, and if he's not arrested for treason and a stop put to it, all the next generations of advanced Nvidia GPUs.

Hardly a surprise - the trump administration corruption is well documented. This period is a black eye on every American, and is the opposite of laissez-faire capitalism. Instead of the best succeeding, those who can pander and make connections win (or in this case, be literally family members with a powerful person).

I hope we can move past this with the next admin, and continue to give the upper hand to businesses that want to succeed fairly in the USA.

Huang, and all of his treacherous cronies, should spend the rest of their lives in a Supermax.

Do people still not see through his appointment? it's crystal clear to me

What happens when supposedly smart people cozy up to corruption and fascism. Could be a theme. Could be a pattern. Could be first of several.

at a point in time - I thought us africans were corrupt - till the trump crime family came along.

every appointment is doing some sort of grift

He also replaced Cantor & Fitzgerald human bond trading with his electronic trading company company eSpeed. Cantor & Fitzgerald was wiped out on 9/11 while he was fortunate enough to "bring his son to the daycare after an argument with his wife":

https://unlimitedhangout.com/creative-destruction-9-11-enron...

(Use an LLM to extract and fact check the text that contains too many details.)

NYT Headline, 40pt, 700 weight:

> Lutnick Pushed to Weaken Chip Rules That Overlap With His Family Business

Buried well below the fold and below two ads, 20pt, 400 weight:

> These dealings are just a tiny portion of Cantor’s business, which stretches from investment banking and trading to real estate. Other investment banks have similar partnerships, and there is no evidence that Cantor’s investments influenced Mr. Lutnick’s deliberations.

Overlap? These interests are barely even tangent. The Commerce Secretary has a background and experience in financial services; that sounds like a good thing compared to some of the other current adminstration qualifications.

I'm sure if you dig just a little, you'll find he's taken positions that benefit the clients of Piper Sandler, Stifel, and Jefferies as well. Because, despite those firms being competitors of Cantor, the Commerce Secretary will often take positions that benefit US commerce. And all of those firms who benefit and a larger than a lemonade stand will be clients of some financial services company/ies.

I feel like NYT's standards used to be higher than that...