Lutnick Tapped to Review Pentagon Deals With Cerberus-Linked Firms

MT Newswires Live09-05 06:54

Commerce Secretary Howard Lutnick has been selected by the Department of Defense to review transactions between the Pentagon and companies associated with Cerberus Capital Management, Bloomberg reported Friday, citing a US official.

Cerberus was founded by Deputy Defense Secretary Stephen Feinberg and holds extensive stakes in the national security sector, including firms that have secured Pentagon contracts during his tenure, according to the report.

The appointment is intended to go beyond standard Defense Department ethics policies, including those administered by the Pentagon's Standards of Conduct office, according to the report, which cited the official.

Cantor Fitzgerald, the investment bank Lutnick led before becoming commerce secretary and now run by his sons, has served as prime broker for Cerberus funds since at least 2012, according to public filings cited by Bloomberg.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2665352650?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-05 06:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2665352650","market":"sh","top_or_hot":-1,"title":"Lutnick Tapped to Review Pentagon Deals With Cerberus-Linked Firms","media":"MT Newswires Live","content":"<html><body><p> Commerce Secretary Howard Lutnick has been selected by the Department of Defense to review transactions between the Pentagon and companies associated with Cerberus Capital Management, Bloomberg reported Friday, citing a US official.</p><p>Cerberus was founded by Deputy Defense Secretary Stephen Feinberg and holds extensive stakes in the national security sector, including firms that have secured Pentagon contracts during his tenure, according to the report.</p><p>The appointment is intended to go beyond standard Defense Department ethics policies, including those administered by the Pentagon's Standards of Conduct office, according to the report, which cited the official.</p><p>Cantor Fitzgerald, the investment bank Lutnick led before becoming commerce secretary and now run by his sons, has served as prime broker for Cerberus funds since at least 2012, according to public filings cited by Bloomberg.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lutnick Tapped to Review Pentagon Deals With Cerberus-Linked Firms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLutnick Tapped to Review Pentagon Deals With Cerberus-Linked Firms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-05 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Commerce Secretary Howard Lutnick has been selected by the Department of Defense to review transactions between the Pentagon and companies associated with Cerberus Capital Management, Bloomberg reported Friday, citing a US official.</p><p>Cerberus was founded by Deputy Defense Secretary Stephen Feinberg and holds extensive stakes in the national security sector, including firms that have secured Pentagon contracts during his tenure, according to the report.</p><p>The appointment is intended to go beyond standard Defense Department ethics policies, including those administered by the Pentagon's Standards of Conduct office, according to the report, which cited the official.</p><p>Cantor Fitzgerald, the investment bank Lutnick led before becoming commerce secretary and now run by his sons, has served as prime broker for Cerberus funds since at least 2012, according to public filings cited by Bloomberg.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2665352650","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2665352650","pubTimestamp":1788562466,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Commerce Secretary Howard Lutnick has been selected by the Department of Defense to review transactions between the Pentagon and companies associated with Cerberus Capital Management, Bloomberg reported Friday, citing a US official.Cerberus was founded by Deputy Defense Secretary Stephen Feinberg and holds extensive stakes in the national security sector, including firms that have secured Pentagon contracts during his tenure, according to the report.The appointment is intended to go beyond standard Defense Department ethics policies, including those administered by the Pentagon's Standards of Conduct office, according to the report, which cited the official.Cantor Fitzgerald, the investment bank Lutnick led before becoming commerce secretary and now run by his sons, has served as prime broker for Cerberus funds since at least 2012, according to public filings cited by Bloomberg.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"卢特尼克被任命审查五角大楼与 Cerberus 相关公司的交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"Commerce Secretary Howard Lutnick has been selected by the Department of Defense to review transactions between the Pentagon and companies associated with Cerberus Capital Management, Bloomberg reported Friday, citing a US official.Cerberus was founded by Deputy Defense Secretary Stephen Feinberg and holds extensive stakes in the national security sector, including firms that have secured Pentagon contracts during his tenure, according to the report.The appointment is intended to go beyond standard Defense Department ethics policies, including those administered by the Pentagon's Standards of Conduct office, according to the report, which cited the official.Cantor Fitzgerald, the investment bank Lutnick led before becoming commerce secretary and now run by his sons, has served as prime broker for Cerberus funds since at least 2012, according to public filings cited by Bloomberg.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2665352650","isCrawlerRequest":true}