Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on Commerce, Science and Transportation that he would divest “all of my interests, my business interests, all of my assets, everything.”
The Commerce Secretary nominee called the law “necessary and important,” but stopped short of committing to honor the billions of dollars in finalized grant contracts.
Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.
Howard Lutnick said tariffs are essential for supporting U.S.-based manufacturing and won't trigger inflation while undergoing a Senate confirmation hearing on Wednesday.
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Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
Even as he stumped for Donald Trump, Howard Lutnick’s commercial real estate firm was wooing clients across the southern border.
Finance Minister Dominic LeBlanc sent a video of Canada's border security efforts to the man U.S. President Donald Trump has chosen to oversee his tariff agenda — part of Canada's pitch to avoid devastating duties that could come as soon as Saturday.
Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, offered a detailed defense of tariffs in his confirmation hearing, the clearest signal yet from a cabinet pick that the new administration is prepared to impose the levies on allies and adversaries alike.
The billionaire Wall Street CEO fielded questions about tariffs, China's AI progress, broadband access, allegiance to Trump and the revival of American mining and semiconductor production.
Howard Lutnick, President Trump’s pick to lead the Commerce Department, will face questioning from the Senate Commerce, Science, and Transportation Committee Wednesday morning during a