Capital Economy, Business and Finance
Trump’s transition team is already getting calls from lobbyists.
Howard Lutnick, CEO of the Cantor Fitzgerald brokerage, has been tasked with headhunting hundreds of politically-palatable employees for the new administration and is a strong advocate for tariffs.
His partner in the transition team is Linda McMahon, former CEO of World Wrestling Entertainment and a former Trump official.
In a bizarre twist McMahon was recently named in a lawsuit in Baltimore which accuses WWE of knowing about and failing to stop the sexual exploitation of young boys by a ringside announcer.
The suit alleges Melvin Phillips Jr. “lured and manipulated” 12 and 13-year-old boys with the promise of meeting wrestling stars. It further alleges that McMahon and her husband Vince knew about his behaviour.
They dispute the allegations and call them a “vindictive distortion of the truth”.
