Eric Lipton
speaker
759 appearances
6 recordings
4 series
first heard Feb 2025
last heard 5 Aug
Eric Lipton’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
And so Howard Lutnick's sons have taken over Cantor.
helping run the company, and they have seen just a huge growth in the number of critical minerals deals because Howard Lutnick and Trump are driving all this federal funding into it.
It's like a huge, hot sector right now because of the policy choices the United States government has made.
And so Cantor Fitzgerald has now been super busy helping these private companies raise money, and it's making millions of dollars in fees
off of these capital raises.
And that includes one of the partners involved in the Kazakhstan deal.
So at the same time as the Trump sons, through their partnership, are invested in the Kazakhstan deal, the Lutnik sons are helping one of the partners in that deal raise over $200 million.
That's right.
So both the Trump and Lutnik families are profiting from this policy initiative.
And we have been talking really just about one huge project in Kazakhstan.
But what we found by looking at securities filings is that there are 14 companies that are in a position to get federal financial assistance or have permits pending before the Commerce Department that also have financial linkages to either the Trump sons or the Lutnik sons.
And these 14 companies are lined up to get as much as $8.9 billion from the federal government to help them build mining operations in spots around the world.
And so simultaneously, you have the dads setting policy that benefits these companies and the sons in business making money off of these same companies.
It's just kind of an arrangement that we've never seen before on this scale in American history.
Mostly we've heard from the Trump family, and they feel like our coverage has been unfair and that they are simply passive investors in this deal.
And we got a statement from Don Jr.
's spokesman.
Don is a lifelong businessman and investor who tends to invest in companies that align with his America First worldview.
He does not interface with anyone in the federal government on behalf of any company that he invests in.
And Cantor's comment to us is that, yes, they do help these companies raise private dollars to get into the mining space, but they're not involved at all in the negotiations over getting federal assistance.
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