Biden's crony capitalism

Commerce Secretary Howard Lutnick voids ‘illegal’ $7.4B payment to Biden ally-staffed nonprofit for semiconductor research

https://nypost.com/2025/08/25/us-news/commerce-secretary-howard-lutnick-voids-illegal-7-4b-agreement-to-pay-biden-staffed-nonprofit-for-semiconductor-research/

By 

Josh Christenson

Published Aug. 25, 2025

 Updated Aug. 25, 2025, 9:58 a.m. ET