Trump's Commerce Nominee Has Financial Ties to Greenland

President Trump’s push to acquire Greenland has taken an interesting turn. His nominee for commerce secretary, Howard Lutnick, has financial ties to the island’s mining industry, raising questions about potential conflicts of interest.

Lutnick, who is set for a Senate confirmation hearing soon, has a stake in Greenland’s mining potential through his firm, Cantor Fitzgerald. The company has invested in Critical Metals Corp., a business planning to start mining operations as early as 2026. If confirmed, Lutnick has agreed to sell off his interests in Cantor Fitzgerald within 90 days, according to his ethics agreement.

Trump has long argued that Greenland is crucial for America’s economic security, and Lutnick’s role as commerce secretary would give him significant influence over trade and tariff policies—including those related to Greenland. This could potentially benefit investors in Critical Metals and Lutnick’s former partners at Cantor Fitzgerald.

It’s unclear whether Lutnick will recuse himself from decisions involving Greenland. Neither he nor the White House has commented on the matter. For now, the situation highlights the intersection of politics, business, and international interests—in a way that’s sure to spark further debate.


Trump's Commerce Nominee Has Financial Ties to Greenland
https://www.99newz.com/posts/trump-commerce-nominee-greenland-ties-3165
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99newz.com
Published at
2025-01-29
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CC BY-NC-SA 4.0