
Howard Lutnick
In the reporting: Commerce secretary whose department controls exports of America's most advanced AI chips and in July 2026 let the UAE government and approved Emirati companies get them without a license; he formerly ran Cantor Fitzgerald.
Last updated Nov. 6, 2026
This page collects what Letters of Junius has published about this person’s public role, and grows as the reporting does. Inclusion is not an allegation of wrongdoing. Where someone has denied or answered a claim, the response appears with it. Each entry links to the original source and to the article it appears in.
Jeffrey Epstein: the Adfin agreement and Lutnick's accounts
- Reported
In 2025, Lutnick said that after meeting Epstein in 2005 he vowed never to "be in the room with that disgusting person ever again," CNN reported.
Source: CNN. From: Epstein Got There First.
- Reported
In February 2026, CBS News reported that Lutnick and Epstein had each signed, for separate companies, an agreement dated Dec. 28, 2012, to take stakes in the same firm, Adfin, and that they were in business together as recently as 2014.
Source: CBS News. From: Epstein Got There First.
ResponseLutnick has said he signed in 2013 for a subsidiary of Cantor Fitzgerald, the firm he ran, and did not know Epstein also held stock until documents were released, PBS NewsHour reported.
- Reported
Days after the CBS report, Lutnick told senators that he had visited Epstein's island during a 2012 family vacation: "We had lunch on the island, that is true, for an hour," ABC News reported.
Source: ABC News. From: Epstein Got There First.
- Reported
In May 2026, Rep. James Comer, the Republican chairman of the House Oversight Committee, said Lutnick "wasn't 100 percent truthful with whether or not he had been on the island" but that he had not seen wrongdoing in their email correspondence, The Hill reported.
Source: The Hill, via KRQE. From: Epstein Got There First.
ResponseThe Commerce Department has said that Lutnick has never been accused of wrongdoing.
AI chip exports to the UAE
- Reported
Lutnick's department controls exports of America's most advanced AI chips, and in July 2026 it let the UAE government and approved Emirati companies, including the Abu Dhabi AI company G42, get them without a license, Reuters reported.
Source: Reuters, via Khaleej Times. From: Epstein Got There First.
- Reported
House Democrats asked Commerce Secretary Howard Lutnick whether he had discussed the Emirati rules with World Liberty or the Trump family. As of October 2026, no answer had surfaced.
Cantor Fitzgerald and critical-minerals projects
- Reported
Cantor Fitzgerald, which as of October 2026 was run by Lutnick's sons, helped raise $210 million for one of the key investors in a Kazakh tungsten project.
Source: Cato Institute. From: The Same Deal, Made Eight Times.
- Reported
The New York Times has counted at least 14 critical-minerals projects or companies with ties to the Trump or Lutnick families that have received, or are seeking, more than $8.9 billion in federal support.
Source: The New York Times, via Mediaite. From: The Same Deal, Made Eight Times.
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Photo: The White House, public domain, via Wikimedia Commons
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