Brandon Lutnick, chairman of Cantor Fitzgerald, sits in a white chair wearing a suit and speaking.

Meet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds

The market gained attention following allegations Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, participated in the otherwise legal trade with conflicts of interest.

March 7, 2026

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