Switch to embedded reader

Note published on April 25, 2026 at 12:58 PM UTC

2026-04-25T12:58:51+00:00

The White House says Commerce Secretary Howard Lutnick properly divested from Cantor Fitzgerald by transferring leadership to his sons.

Anyway GOP officials called Lutnick about a Cantor-funded PAC planning to spend $1.75M on Ken Paxton and the PAC reversed course, but that’s probably just how independent companies behave when the former owner gets a phone call.

Senior Republican officials called Commerce Secretary Howard Lutnick on Tuesday after a new crypto super PAC seeded by his former firm, Cantor Fitzgerald, indicated in a FEC filing that it planned to spend $1.75 million backing Ken Paxton in Texas, Axios has learned.
Illustration of Molly White sitting and typing on a laptop, on a purple background with 'Molly White' in white serif.