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Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them

UNITED STATES, JUL 21 – Cantor Fitzgerald offers clients a financial product to trade rights to tariff refunds, with capacity for hundreds of millions in potential payouts, creating litigation finance opportunities.

Summary by Wired
A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in court.

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technewstube.com broke the news in on Monday, July 21, 2025.
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