Amidst the ongoing transition of power in the United States, it has been confirmed that Howard Lutnick, CEO of financial services giant Cantor Fitzgerald, will serve as one of the co-leaders of President-elect Donald Trump's transition team. This decision comes as no surprise, given the company's extensive experience in managing the Treasury portfolio for stablecoin issuer Tether since 2021. Lutnick's role in this crucial phase of the presidential transition is expected to bring a wealth of knowledge and expertise to the table, as he navigates the complex landscape of financial policy and decision-making in the nation's capital. As the transition team prepares for the challenges ahead, all eyes will be on Lutnick and his team as they work towards shaping the future of the American economy.