@colonel_cool@inkedcapital@kiantrades Absolutely made that shit up. Gotta love people who came from a family of immigrants or have friends from family of immigrants and say shit like this or turn a blind eye to what is happening right now to US immigrants until it impacts them in some way.
‘Don’t go to the US – not with Trump in charge’: the UK tourist with a valid visa detained by ICE for six weeks
Karen Newton was in America on the trip of a lifetime when she was shackled, transported and held for weeks on end. With tourism to the US under increasing strain, she says, ‘If it can happen to me, it can happen to anyone’ https://t.co/iyzpq9sWSU
Lutnick stand to profit massively from the tariffs decision.
After returning to office, President Donald Trump invoked the International Emergency Economic Powers Act to impose sweeping tariffs branded as emergency trade measures, including “Liberation Day” reciprocal tariffs and new levies on Canada, Mexico, and China. The policy was shaped in part by Commerce Secretary Howard Lutnick, the former longtime chief executive of Cantor Fitzgerald.
From the start, trade lawyers warned IEEPA might not authorize tariffs at all. But while the cases moved through court, the government collected more than $133 billion in duties. That legal uncertainty created something rare: a multi-billion-dollar policy with a binary legal outcome.
Cantor turned that uncertainty into a product.
By mid-2025, the firm began approaching U.S. importers with a blunt offer:
- Sell us your right to a future tariff refund.
- Get 20–30 cents on the dollar now.
- We take the litigation risk.
- If courts strike the tariffs down, we keep 100% of the refund.
Example structure:
Importer paid: $10 million in IEEPA tariffs
Immediate cash from Cantor: $2–3 million
Cantor acquires full legal claim to refund
If tariffs fall: Cantor collects the entire $10 million
Cantor confirmed completing at least one deal worth roughly $10 million in refund rights and said it had the capacity to trade several hundred million dollars more.
Other firms entered the space, but Cantor was the most prominent, and uniquely positioned given Lutnick’s former leadership and ongoing family control.
Earlier that year, Lutnick had transferred his ownership stake to a trust benefiting his adult children and divested roughly $361 million in related holdings under ethics rules.
The firm was now run by his sons.
The Commerce Department stated he had no knowledge of or involvement in the refund transactions.
The Cabinet secretary shaping tariff policy and the family firm monetizing the risk that the policy would collapse.
In August, Senators Elizabeth Warren and Ron Wyden formally demanded details, how many deals, what legal language, and whether there had been any communication with the administration about tariff strategy.
Then the courts moved quickly:
- May 2025:
Court of International Trade rules IEEPA tariffs unlawful.
- August 2025:
Federal Circuit upholds the ruling.
- February 20, 2026:
Supreme Court rules 6–3 that IEEPA does not authorize tariffs.
All IEEPA tariffs invalidated.
Estimated potential refunds: up to $175 billion.
If Cantor bought $500 million in refund rights
At 25 cents on the dollar
Cost: $125 million
Post-ruling value: $500 million
Potential gross gain: $375 million
Scale that to “several hundred million” or beyond, and the upside runs into the billions. The exact size of the firm’s position remains undisclosed.
What began as an emergency tariff regime became a tradable legal derivative. The administration imposed the tariffs. The courts erased them. Firms that bought discounted claims on their demise now stand to collect at face value.
Unitree humanoid robots rocked the Spring Festival Gala in Beijing today with a dynamic routine of parkour, Drunken Fist, and nunchaku to celebrate Chinese New Year!
I sent this letter today to President Trump @ 1600 Pennsylvania Ave. There's a 0.001% percent chance he gets it but here it is: 🔽
"Dear President Trump,
I’d like to ask you a question.
You have two beautiful daughters, Ivanka & Tiffany. What if they were victimized like the 8 and 16-year-old girls were in the recently released Epstein files?
What would you do as a father?
Yesterday your AG Pam Bondi made it clear by her actions that the young women & girls who were victimized by Epstein and his associates matter very little. As she put it: “We should be talking about the stock market!”
It was despicable.
I also have 2 beautiful daughters, Anna and Abigail ages 14 and 18.
If they were sexually assaulted, I’d hunt the man down who did it and kill him with my bare hands. I’d go to prison for life if I had to.
I’m a Christian but I’m also a father. The mere thought of either of my daughters being violated as those young girls were goes beyond anything I can fathom. It’s pure evil.
My daughters mean more to me than my own life, and every one of those girls who were victimized also has a father.
When will there be justice for these victims?
Please answer that question for the American people.
Sincerely,
John
HIGH-INCOME AMERICANS START FALLING BEHIND ON PAYMENTS
Financial stress is spreading beyond low-income households, with higher earners now struggling to keep up with debt. Credit-counseling agencies report that the average client earns $70,000 a year and carries $35,000 in unsecured debt—double the pre-pandemic ratio.
More borrowers are missing payments even on structured repayment plans, pushing the NFCC’s financial stress gauge to record highs. Federal data show U.S. household delinquencies at 4.8%, the highest since 2017, with serious credit-card and auto loan delinquencies near post-2009 levels.
Counselors warn that many households rely on revolving credit as a lifeline, masking deeper financial fragility. When buffers run out, stress spikes sharply.
4 months after Trump pardoned Binance founder Changpeng Zhao, Forbes reports that Binance now holds $4.7 billion of the $5.4 billion supply of Trump’s World Liberty Financial stablecoin. That is 87%. It is the largest corruption scandal in the history of the US presidency.
Next time you feel bad for missing something that mooned
Imagine being SBF:
- Put $500m into Anthropic, which would now be worth $70b.
- Held $60m in $SOL at $8 that would've been worth $2.1b at the top.
- Put $100m into Mysten Labs that would now be worth over $800m.
- Invested in Robinhood and held a 7.5% stake that would now be worth $10b.
Instead, everything got seized before they went up, and he missed out on $80b in profits 😭
@market_sleuth Sad that many republicans actually thought Trump would drain the swamp when he is the swamp. The people he "drained" were the good republicans that actually cared about the country over party. So this is exactly what republicans voted for.
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $MSFT Microsoft Explores Superconducting Power Lines for Data Centers - Reuters
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
➤ Microsoft testing 𝐬𝐮𝐩𝐞𝐫𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐢𝐧𝐠 𝐩𝐨𝐰𝐞𝐫 𝐜𝐚𝐛𝐥𝐞𝐬 for data centers.
➤ Technology boosts 𝐞𝐧𝐞𝐫𝐠𝐲 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 and power density.
➤ Cables deliver same power while using 𝐥𝐞𝐬𝐬 𝐬𝐩𝐚𝐜𝐞.
➤ Could reduce need for larger 𝐬𝐮𝐛𝐬𝐭𝐚𝐭𝐢𝐨𝐧𝐬 and infrastructure.
➤ May accelerate AI-driven 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 expansion.
➤ Data centers could consume ~𝟏𝟐% of U.S. electricity by 𝟐𝟎𝟐𝟖.
➤ Microsoft invested in 𝐕𝐄𝐈𝐑, a superconducting cable developer.