HMM: I’m sure it’s a coincidence that Howard Lutnick’s sons have $362 million in Nvidia.

In May, Secretary of State Marco Rubio sent President Donald Trump and top Cabinet members a classified memorandum detailing the relationship between the Huangs and the intelligence indicating that Alice Huang was a Chinese spy. The White House directed the Commerce Department to put Alice Huang’s Megaspeed on the entity list of companies that pose national security concerns. Lutnick refused this request in May; he refused a second attempted crackdown order from Trump in August; and on Nov. 5, Lutnick reportedly stonewalled Trump again. And evidently, this wasn’t because Lutnick knew too little. Rather, the Commerce Department spent months last year conducting an investigation into Megaspeed and specifically whether it was illicitly smuggling Nvidia chips into China, only for Lutnick’s direct underling, Jeff Kessler, to invite Nvidia to reach out to Commerce about the case, bringing the department’s inquiry to an effective end.

I am sure it is just a coincidence that Cantor Fitzgerald, the financial services firm that Lutnick led for 35 years before passing it off to his 20-something-year-old sons Brandon and Kyle, has a $362.3 million stake in Nvidia, which makes up 7% of Cantor’s entire portfolio.

Full details at the link, but here’s the important part that came out earlier this week: Lutnick stalled Trump’s Nvidia–China chip curbs after Oval talks.

WELL, THIS TAKE IS NOT ONLY FUNNY, IT’S CONSISTENT WITH THE COVERAGE:

IF SOMETHING CANNOT GO ON FOREVER, IT WILL STOP:

MICROSOFT OUTLOOK IS STILL OUT. Everyone is like, “Why couldn’t it be Teams?”

Plus:

ELECTING DEMOCRATS HAS CONSEQUENCES: SpaceX Can Have a Public Beach Closed for Its Launches. The New Land Commissioner May Ground It.

Especially dangerous to SpaceX’s operations in Texas could be the revival of a fight over closing a public beach for rocket launches and tests. In 2009, voters approved a state constitutional amendment guaranteeing unfettered public access to beaches, something that had already been protected by statute since 1959.

But in 2013, the Texas Legislature passed a statute enabling the General Land Office to allow closures for spaceflight activity. This was done as the state was enticing SpaceX to build a spaceport in Cameron County. Without this exemption, Boca Chica Beach couldn’t be shut down on SpaceX’s behalf, meaning its rockets couldn’t fly from Starbase. 

Now incoming land commissioner Benjamin Flores, once he’s sworn in on January 19, plans to “request an opinion from the Attorney General on the constitutionality of the beach closure statute,” Flores’s chief of staff, Alex Martinez, told Texas Monthly.

How’s that Louisiana launch facility coming along, Elon?

Democrats will destroy the future, just to stick it to the man bringing it to us.

FOR SMALLER VALUES OF “AMERICANS,” SURE:

https://twitter.com/GlomarResponder/status/2121008236698779764

UPDATE (FROM GLENN): Twitter is doing its weird thing where it won’t embed, so here’s a screenshot.