The Tiny Magnet Maker That Attracted $1.6 Billion From Lutnick:
The Commerce Department secretary and the firm he used to run, Cantor Fitzgerald ...
bloomberg.com/news/features/2026-09-23/usa-rare-earth-how-the-magnet-maker-landed-1-6-billion-in-us-funding
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The Tiny Magnet Maker That Attracted $1.6 Billion From Lutnick: The Commerce Department secretary and the firm he used to run, Cantor Fitzgerald ...
bloomberg.com/news/features/2026-09-23/usa-rare-earth-how-the-magnet-maker-landed-1-6-billion-in-us-funding
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Howard Lutnick Hypes Don Jr-Backed Magnet Firm as Trump Declares, ‘You Gotta Go With Magnets!’
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How US commerce secretary's Epstein links were uncovered by British whistleblower
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Democrats Investigate Howard Lutnick Over $1.6 Billion Deal: The commerce secretary’s old firm made a massive deal with a rare earths metals miner.
newrepublic.com/post/212780/democrats-investigate-howard-lutnick-16-billion-dollar-deal
Key FactsProbe Targets Lutnick Family's $1.6B Minerals Deal
Jul 7, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: thedailybeast.com
Summary created with AI assistance · Source: thedailybeast.com
- Commerce Secretary Howard Lutnick faces scrutiny over a $1.6 billion rare earth minerals deal involving his family’s financial firm.
- Democratic lawmakers have requested detailed information from Cantor Fitzgerald about its role as lead placement agent for USA Rare Earth.
- Howard Lutnick led Cantor Fitzgerald until 2025, when his sons took over, continuing prior collaborations with the minerals company.
- The agreement aims to boost U.S. production of critical minerals to reduce reliance on Chinese exports restricted last year.
USA Rare Earth's heavy critical minerals project is essential to restoring U.S. critical mineral independence. This investment ensures our supply chains are resilient and no longer reliant on foreign nations.— Howard Lutnick, Commerce Secretary, said in a January statement
Democratic senators press Commerce Secretary Lutnick on conflict of interest concerns in USA Rare Earth deal
cnbc.com/2026/02/26/warren-lutnick-usa-rare-earth-usar-critical-minerals.html
Trump Administration Takes Another Stake in Rare Earth Sector: The administration announced a $1.6 billion deal with USA Rare Earth. The firm also does business ...
nytimes.com/2026/01/26/us/politics/trump-rare-earth-howard-lutnick.html
Family Affair: Commerce Secretary’s Sons Cash In on A.I. Frenzy: Howard Lutnick is helping push data center projects. His family companies are profiting from ...
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Families of Sept. 11 Victims Urge Lutnick to Help Extradite Saudi National: The letter comes as the commerce secretary plans to accompany President Trump to ...
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Cantor joins hand with SoftBank, Tether for $3.6 billion crypto venture: Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology ...
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Drug cartels use cryptocurrency Tether to launder money, court documents reveal: The revelation comes after Donald Trump nominated Howard Lutnick ...
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Donald Trump taps Howard Lutnick to lead the Commerce Department: The Cantor Fitzgerald CEO beat out Robert Lighthizer and Linda McMahon for the role
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