The Daily Beast
US · 24 mins ago
MAGA-Friendly CNBC Star Confronts Trump Goon on Awkward Deal
CNBC
Trump-friendly CNBC host Joe Kernen has cornered Commerce Secretary Howard Lutnick about an eyebrow-raising deal being probed as a possible conflict of interest.
The deal is a $1.6 billion federal investment in USA Rare Earth. Lutnick’s former financial firm, Cantor Fitzgerald, now run by his sons, was selected to help raise the private capital needed to close the deal—and now it is drawing criticism from conservatives like Kernen.
Kernen said the deal appeared to be a conflict of…
Do you trust The Daily Beast?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!