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‘Time for Lutnick to go’: Blumenthal demands chip-rule investigation

The senator alleges Lutnick’s push to ease chip export controls benefits his family’s businesses and wants an immediate investigation.

7 Sources, 8h ago, first seen 8h ago

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

TLDR

Sen. Blumenthal wants Commerce Secretary Lutnick out and Congress investigating immediately. He alleges Lutnick’s push to ease chip export controls benefits his family’s businesses. Proposed rules would reportedly affect Southeast Asian data centers, some of which are clients of Lutnick’s former firm, Cantor Fitzgerald.

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