Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
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.”
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President Trump’s cabinet picks have assets worth at least $1.5 billion. Here’s how each cabinet member made their wealth.
Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn't imminent.
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days, then face broader penalties this spring.In summary, it's: maybe tariffs now,
Commerce nominee Howard Lutnick says U.S. tariffs against Canada could come in two steps, with the first blow coming as early as Saturday.
Howard Lutnick, Trump’s pick for Commerce Department head, told senators Wednesday he'll crack down on those who treat the U.S. “horribly.”
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.
United States President Donald Trump ’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to U.S. soil.
Kash Patel, Howard Lutnick, David Sacks, Michael Whatley and others leave the Capitol.