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Yhn BusinessBusiness first seen 9 h ago, last just now, peak #1

Lutnick Pushed to Weaken Chip Rules Tied to His Family Business

Original: Lutnick Pushed to Weaken Chip Rules That Overlap with His Family Business

Commerce Secretary Howard Lutnick reportedly pushed to weaken US chip export rules that overlap with interests of his family's financial firm, according to a New York Times report. The report has sparked debate over potential conflicts of interest and ethics questions surrounding a senior official shaping policy affecting his own family's business holdings.

Why now: A new NYT report alleging a conflict of interest by a cabinet secretary is drawing widespread attention.

Howard LutnickUS Commerce DepartmentNew York Times

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