Howard Lutnick, the Wall Street Billionaire Staffing Trump’s Cabinet, Hosted a Fundraiser for Hillary Clinton’s Presidential Bid in 2016 – Pam Martens and Russ Martens 11/12/24

Source: WallStreetOnParade.com

On Friday evening, August 2, Howard Lutnick, the Chairman and CEO of the Wall Street trading house, Cantor Fitzgerald, held a fundraiser populated by the super wealthy at his home in the Hamptons. The bash was to help presidential candidate Donald Trump shore up his sagging campaign coffers. Tickets went for $25,000 each or $50,000 if you wanted a photo with Trump. You could be listed on the program as a host for a mere $500,000. According to Lutnick, the event raised $15 million. According to Federal Election Commission (FEC) records, Lutnick himself was responsible for a third of that amount. He wrote out a check for $5 million to the Trump campaign the Monday after the event.

Not long thereafter, Trump announced Lutnick as Co-Chair of his transition team, a post he shares with former World Wrestling Entertainment chief executive Linda McMahon. Lutnick is now widely reported to be the person overseeing the hiring of thousands of employees, including high level positions, in the Trump administration.

What is more than a little bizarre about the power that Trump has bestowed on Lutnick, is the fact that when Hillary Clinton ran against Trump for President in 2016, Lutnick held a similar big-donor bash for Clinton at his Manhattan mansion. In addition, in the 2015-2016 campaign cycle, Lutnick lavished donations on high profile Democratic races for Senate seats. FEC records show Lutnick supported Senate races by the following Democrats: Chuck Schumer, Chris Van Hollen, Evan Bayh, Tammy Duckworth, Catherine Cortez Masto and numerous others, including (wait for it) Kamala Harris.

It seems more than a little possible that Trump – a master of conning people into doing his bidding (who end up stripped of their law licenses or going to jail as a result) – may in this case be getting conned himself.

Lutnick told the Financial Times he is picking Trump’s staff based on the following criteria:

“They’re all going to be on the same side, and they’re all going to understand the policies, and we’re going to give people the role based on their capacity — and their fidelity and loyalty to the policy, as well as to the man.”

But Lutnick’s own loyalty to Trump looks sketchy, given his donor activities for Hillary Clinton and Senate Democrats in 2016….

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