Trump Cabinet secretary could be 'forced to take the fall' for tariff chaos: report
2 weeks, 5 days ago

Trump Cabinet secretary could be 'forced to take the fall' for tariff chaos: report

Raw Story  

Financial markets are still reeling from this week's back-and-forth with the United States' key trade partners, as President Donald Trump announced and then almost immediately withdrew crippling new tariffs. According to the outlet, Commerce Secretary Howard Lutnick — who co-chaired Trump's presidential transition team along with former World Wrestling Entertainment executive Linda McMahon — could be out of a job if the fallout over Trump's tariffs continues to roil markets. “It just reinforces that he doesn’t really know how to do the job.” Politico additionally reported that administration officials are "growing increasingly frustrated" with the commerce secretary, complaining that he often gets "out in front" of Trump and has "contradicted his messaging." Last week, Lutnick made headlines after telling CNBC that "prices are going to rise" as a result of tariffs, but that companies can avoid tariffs by making their products in the United States.

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'Absolutely!' CNN panel slams Trump commerce secretary's 'conflict of interest'
Trending News
1 week, 4 days ago

'Absolutely!' CNN panel slams Trump commerce secretary's 'conflict of interest'

Raw Story  

CNN's Inside Politics' panel slammed Donald Trump's Commerce Secretary Howard Lutnick Thursday for blatantly promoting Tesla stock in an effort to help owner Elon Musk. Tesla has seen its stocks slump since Musk's affiliation with President Donald Trump and stewardship of the vastly unpopular Department of Government Efficiency, that has slashed whole departments and thousands of government jobs. "Apparently there's …

'Knives out': CNN reports top Trump official becoming scapegoat for tariff-induced turmoil
1 week, 6 days ago

'Knives out': CNN reports top Trump official becoming scapegoat for tariff-induced turmoil

Raw Story  

The economic turmoil sparked by President Donald Trump's tariffs has left many administration officials looking for a scapegoat and CNN reports that many are settling on Commerce Secretary Howard Lutnick to take the fall. According to CNN's sources, Lutnick has angered administration officials by getting out ahead of Trump's trade policy announcements, even going so far as to contradict the …

Howard Lutnick’s role as tariff cheerleader faces mounting scrutiny amid market turmoil
2 weeks ago

Howard Lutnick’s role as tariff cheerleader faces mounting scrutiny amid market turmoil

CNN  

CNN — Commerce Secretary Howard Lutnick was adamant: The US is not headed toward recession. No chance,” Lutnick said on NBC’s “Meet the Press,” one of dozens of TV appearances he’s made in touting the Trump administration’s tariff agenda. “And he was much more attuned to how positions played politically.” In a statement to CNN, Navarro said: “I’m working with …

Trump Cabinet secretary could be 'forced to take the fall' for tariff chaos: report
2 weeks, 5 days ago

Trump Cabinet secretary could be 'forced to take the fall' for tariff chaos: report

Raw Story  

Financial markets are still reeling from this week's back-and-forth with the United States' key trade partners, as President Donald Trump announced and then almost immediately withdrew crippling new tariffs. According to the outlet, Commerce Secretary Howard Lutnick — who co-chaired Trump's presidential transition team along with former World Wrestling Entertainment executive Linda McMahon — could be out of a job …

It’ll be tough for Trump to dig his way out of this one
Trending News
2 weeks, 6 days ago

It’ll be tough for Trump to dig his way out of this one

CNN  

CNN — With his chaotic trade policy, President Donald Trump is digging himself into an economic and political hole so deep, it may prove impossible to climb out. Trump has been provided with multiple escape routes and off-ramps: His advisers and economic brain trust, including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett …

It’ll be tough for Trump to dig his way out of this one
Trending News
2 weeks, 6 days ago

It’ll be tough for Trump to dig his way out of this one

CNN  

CNN — With his chaotic trade policy, President Donald Trump is digging himself into an economic and political hole so deep, it may prove impossible to climb out. Trump has been provided with multiple escape routes and off-ramps: His advisers and economic brain trust, including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett …

"Don’t know what this is gonna look like tomorrow": Trump advisers, allies spooked by tariff chaos
2 weeks, 6 days ago

"Don’t know what this is gonna look like tomorrow": Trump advisers, allies spooked by tariff chaos

Salon  

You don't need to venture far from the Oval Office to find critics of President Donald Trump's chaotic economic agenda. That's the news from the Wall Street Journal, who spoke with insiders in Trump's White House and found that the volatile stock market and tariff-induced uncertainty have rattled senior officials like Chief of Staff Susie Wiles. “Every member of the …

Trump allies are blaming Lutnick for Trump’s tariff turmoil
3 weeks ago

Trump allies are blaming Lutnick for Trump’s tariff turmoil

Politico  

Lutnick, one of the people close to the administration said, is “constantly auditioning for Trump’s approval.” “He’s trying to be a mini-Trump. White House spokesperson Kush Desai said in a statement that Lutnick’s “long and immensely successful private sector career makes him an integral addition to the Trump administration’s trade and economic team.” He added that Lutnick is aligned with …

Stocks plunge further amid Trump's downplay of 'period of transition' for economy
3 weeks ago

Stocks plunge further amid Trump's downplay of 'period of transition' for economy

Raw Story  

President Donald Trump warned there would be a "period of transition" amid his trade war with Mexico, Canada and China. "The S&P 500 fell more than 3% and the Nasdaq Composite tumbled nearly 5% as shares of big tech companies extended their selloff," the Wall Street Journal reported. "The risks of higher inflation as a result of a broader tariff …

Trump declines to rule out US recession as tariffs spook investors
3 weeks, 1 day ago

Trump declines to rule out US recession as tariffs spook investors

Al Jazeera  

US president says economy is in a “period of transition” amid uncertainty over his trade policies. United States President Donald Trump has declined to rule out the possibility that the world’s largest economy is headed for a recession amid market concerns over his “America First” economic agenda. “It takes a little time, but I think it should be great for …

Howard Lutnick teases new Trump tariffs for Mexico and Canada as trade war escalates
3 weeks, 5 days ago

Howard Lutnick teases new Trump tariffs for Mexico and Canada as trade war escalates

Daily Mail  

President Donald Trump could announce rolling back some of the tariffs imposed on Canada and Mexico as early as Wednesday. Commerce Secretary Howard Lutnick appeared on Bloomberg on Wednesday morning where he said the president is considering easing some tariffs. Commerce Secretary Howard Lutnick after President Trump's address to a joint session of Congress on Tuesday When asked for additional …

Trump may scale back Canada, Mexico tariff by today, says US Commerce Secretary
3 weeks, 5 days ago

Trump may scale back Canada, Mexico tariff by today, says US Commerce Secretary

Firstpost  

US Commerce Secretary Howard Lutnick indicated that Trump might reconsider some of the tariffs on Canada and Mexico, suggesting a possible compromise. Trump’s new 25 per cent tariffs on Canadian and Mexican imports began on Tuesday, along with an increase in duties on Chinese goods to 20 per cent. U.S. President Donald Trump holds an executive order about tariffs increase, …

EU official meets with Trump counterparts to resolve tariff threats
1 month, 1 week ago

EU official meets with Trump counterparts to resolve tariff threats

Associated Press  

WASHINGTON — Hoping to head off a potential trade conflict, a top European Union official stressed the importance of active engagement and fairness in trade during a four-hour meeting with Trump administration officials. Šefčovič met on Wednesday with Commerce Secretary Howard Lutnick, White House National Economic Council Director Kevin Hassett and Jamieson Greer, President Donald Trump’s nominee to be the …

Senate confirms Howard Lutnick as commerce secretary, a key role for Trump’s trade agenda
1 month, 1 week ago

Senate confirms Howard Lutnick as commerce secretary, a key role for Trump’s trade agenda

Live Mint  

WASHINGTON — The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Donald Trump's hardline trade polices. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running the census to issuing weather reports. But …

Senate confirms Howard Lutnick as commerce secretary, a key role for Trump’s trade agenda
Trending News
1 month, 1 week ago

Senate confirms Howard Lutnick as commerce secretary, a key role for Trump’s trade agenda

Associated Press  

WASHINGTON — The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Donald Trump’s hardline trade polices. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running the census to issuing weather reports. But …

U.S. lawmakers due to confirm Howard Lutnick as commerce secretary
1 month, 1 week ago

U.S. lawmakers due to confirm Howard Lutnick as commerce secretary

Raw Story  

by Beiyi SEOW The U.S. Senate is expected to confirm Wall Street billionaire Howard Lutnick as commerce secretary Tuesday, a key step towards the rollout of President Donald Trump's "America First" trade policy with tariffs used as a broad negotiation tool. And the Commerce Department is in charge of a nearly $53 billion program involving subsidies to stimulate the U.S. …

EU keen on early talks with US to avoid Trump's planned tariffs
1 month, 4 weeks ago

EU keen on early talks with US to avoid Trump's planned tariffs

India Today  

The European Union wants to engage swiftly with the US over President Donald Trump's planned tariffs, trade chief Maros Sefcovic said on Tuesday, while his boss Ursula von der Leyen stressed the bloc would protect its interests in negotiations. Sefcovic, speaking before a meeting of EU ministers to debate trade and EU competitiveness, said he wanted "early engagement" and was …

Trump threatens another 10 nations with tariffs
2 months ago

Trump threatens another 10 nations with tariffs

Daily Mail  

President Donald Trump threatened another 10 nations with tariffs as he prepares to hit Canada and Mexico with increases. India, another BRICS member and one that has been forced to use a variety of currencies to buy Russian oil due to Western sanctions on Moscow, also played down Trump's threat. A study by the Atlantic Council's GeoEconomics Center last year …

Trump commerce pick says he favors broad tariffs, vows tough China stance
2 months ago

Trump commerce pick says he favors broad tariffs, vows tough China stance

Raw Story  

by Beiyi SEOW Donald Trump's commerce secretary nominee told his US Senate confirmation hearing Wednesday he favors "across-the-board" tariffs targeting countries rather than products, while signaling a hawkish China stance. "We can use tariffs to create reciprocity, fairness and respect," said Howard Lutnick, a close Trump ally and billionaire CEO of Wall Street firm Cantor Fitzgerald. On the CHIPS and …

Trump’s Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days
2 months ago

Trump’s Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

Associated Press  

WASHINGTON — 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. “I will divest, I will sell all of my interests, my business interests, all of my assets, everything,’' Lutnick said in a confirmation hearing Wednesday before the Senate Committee on Commerce, …

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days
2 months ago

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Billionaire financier Howard Lutnick, President …

Trump's pick for Commerce Secretary is Howard Lutnick. Here's what to know
2 months ago

Trump's pick for Commerce Secretary is Howard Lutnick. Here's what to know

NPR  

Trump's pick for Commerce Secretary is Howard Lutnick. Lutnick led President Trump's transition team, enthusiastically supporting plans to impose more tariffs on imported goods and parts. Here's what happened at the hearing Howard Lutnick, the billionaire Wall Street CEO, fielded questions about tariffs' impact on U.S. manufacturers and farmers, federal funding for broadband access, China's progress on artificial intelligence and …

Trump promised some tariffs immediately. They’re not here — yet.
2 months, 1 week ago

Trump promised some tariffs immediately. They’re not here — yet.

Politico  

The striking level of uncertainty around tariffs is the first and most prominent example of a divide in Trump’s circle on a major policy position. “Tariffs are coming in the next couple months — broad based, universal tariffs,” said one person familiar with discussions inside the administration, granted anonymity to speak about policies that have yet to be decided. “The …

A battle is brewing over tariffs among Trump’s team
2 months, 3 weeks ago

A battle is brewing over tariffs among Trump’s team

CNN  

CNN — President-elect Donald Trump is still pushing for universal tariffs on imports from overseas as his trade advisers are working to craft a strategy to translate his campaign pledges into policy, according to multiple people familiar with the matter. In private discussions, aides are still focused on drawing up plans that hew closely to the blanket tariffs Trump proposed …

No relief for Canada: Trump's commerce secretary nominee gives no assurances on tariff relaxation
Trending News
3 months ago

No relief for Canada: Trump's commerce secretary nominee gives no assurances on tariff relaxation

India TV News  

In what comes as a setback for Canada, it failed to receive assurances that President-elect Donald Trump will back away from his stand on imposing tariffs on all products from Ottawa. On Friday, Canada's Finance Minister Dominic LeBlanc and Foreign Minister Mélanie Joly met with Howard Lutnick, Trump's pick for commerce secretary, and North Dakota Governor Doug Burgum, Trump's nominee …

Canadian ministers to talk tariffs with Trump aides in Florida
Trending News
3 months ago

Canadian ministers to talk tariffs with Trump aides in Florida

Al Jazeera  

Visit by Canada’s foreign affairs and finance ministers comes as country hopes to avoid 25-percent US tariffs. The Canadian ministers of finance and foreign affairs are set to hold talks in the US state of Florida with aides to Donald Trump, as the incoming United States president’s threat of hitting Canada with steep tariffs looms large. Late last month, Trump …

Panicked CEOs left 'scratching their heads' as Trump ignores their warnings: WSJ
3 months, 2 weeks ago

Panicked CEOs left 'scratching their heads' as Trump ignores their warnings: WSJ

Raw Story  

CEO's and business execs hoping to dissuade Donald Trump from enacting what they and many economists believe will be ruinous tariffs are finding he won't budge and that has them scrambling to find a way to get through to him. As the Journal's Brian Schwartz wrote, "Trump isn’t budging" before adding, "So far, executives are facing setbacks as they canvass …

Trump Commerce pick’s firm to pay millions for federal law violations
3 months, 2 weeks ago

Trump Commerce pick’s firm to pay millions for federal law violations

Raw Story  

The U.S. Securities and Exchange Commission has charged a top financial services firm led by President-elect Donald Trump's nominee to become Secretary of Commerce with violating federal law, according to multiple reports. Cantor Fitzgerald, led by its CEO and chairman Howard Lutnick, was charged by the SEC with "violating laws related to disclosures by so-called blank-check companies before they raise …

What Trump’s nominations say about where trade and other economic policies might go
3 months, 3 weeks ago

What Trump’s nominations say about where trade and other economic policies might go

LA Times  

Peter Navarro, former UC Irvine professor and noted China hawk, was tapped by President-elect Donald Trump as a senior trade and manufacturing advisor. “Trump’s eclectic style is fully on exhibit in his Cabinet selections,” said Michael Genovese, author of “The Modern Presidency” and head of the Global Policy Institute at Loyola Marymount University. … Trump likes to break things, and …

Trump to face less internal pushback in new term: ex-commerce chief
4 months ago

Trump to face less internal pushback in new term: ex-commerce chief

Raw Story  

by Beiyi SEOW Donald Trump's staff choices will ensure he faces less internal pushback on his aggressive economic policies, such as tariff hikes, than during his first term, former commerce secretary Wilbur Ross told AFP Monday. It is unclear if Trump's former USTR Robert Lighthizer would return to the same role, but Ross said he expects him to remain influential …

Trump’s Cabinet? Never heard of ’em.
4 months ago

Trump’s Cabinet? Never heard of ’em.

Politico  

Never heard of ’em. Still, 49 percent of voters said they “strongly” or “somewhat” agreed that Trump’s presidency would be a threat to democracy, while 45 percent “somewhat” or “strongly” disagreed. Pro Exclusive Trump’s tariff threat could boost auto, energy prices, via our DOUG PALMER Trump’s “energy czar” could usher in a new era at Interior, via our HEATHER RICHARDS …

Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports
4 months, 1 week ago

Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports

Live Mint  

-U.S. President-elect Donald Trump's pick for Commerce secretary, Howard Lutnick, is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday. Lutnick's financial services firm, Cantor Fitzgerald, is discussing receiving support from Tether to help fund …

Wall Street veteran Scott Bessent tapped as Donald Trump's treasury secretary
4 months, 1 week ago

Wall Street veteran Scott Bessent tapped as Donald Trump's treasury secretary

India Today  

President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as US Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic, regulatory and international affairs. Bessent follows other financial luminaries who have taken the job, including former Goldman Sachs executives Robert Rubin, …

Trump Raced To Pick Many Cabinet Posts. He Took More Time To Settle On A Treasury Secretary.
Trending News
4 months, 1 week ago

Trump Raced To Pick Many Cabinet Posts. He Took More Time To Settle On A Treasury Secretary.

Huff Post  

LOADING ERROR LOADING WASHINGTON — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. Trump also looked at other candidates, including former Federal Reserve governor Kevin Warsh, Marc Rowan, the chief executive of Apollo Global Management, and Sen. Bill Hagerty, R-Tenn. …

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
4 months, 1 week ago

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary

Associated Press  

WASHINGTON — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. Trump also looked at other candidates, including former Federal Reserve governor Kevin Warsh, Marc Rowan, the chief executive of Apollo Global Management, and Sen. Bill Hagerty, R-Tenn. Trump’s decision on …

'Home run': Republican pleased as Trump reportedly offers key role to Wall Street insider
4 months, 1 week ago

'Home run': Republican pleased as Trump reportedly offers key role to Wall Street insider

Raw Story  

President-elect Donald Trump has offered hedge fund executive Scott Bessent to head the Treasury Department, CNN reported. The reporting on Trump’s transition team came Friday afternoon days after the incoming president named Wall Street executive Howard Lutnick as Commerce secretary. “I think he’s got the right skill set and experience to do the job,” longtime GOP strategist Scott Jennings said …

Trump picks hedge fund billionaire Bessent to run Treasury
4 months, 1 week ago

Trump picks hedge fund billionaire Bessent to run Treasury

Salon  

Donald Trump has nominated hedge fund manager Scott Bessent to lead the U.S. Treasury, ending speculation over who would hold the key economic position. In a statement posted to Truth Social on Friday, Trump championed Bessent as “one of the World's foremost International Investors.” “Scott will support my Policies that will drive U.S. Competitiveness, and stop unfair Trade imbalances, work …

Trump nominates Wall Street investor Scott Bessent as treasury secretary
4 months, 1 week ago

Trump nominates Wall Street investor Scott Bessent as treasury secretary

NPR  

Trump nominates Wall Street investor Scott Bessent as treasury secretary toggle caption DOMINIC GWINN/Middle East Images/AFP via Getty Scott Bessent, the little-known Wall Street investor who became one of President-elect Donald Trump's top economic advisers, has been nominated to be the next treasury secretary in Trump's new administration. "Mr. Trump has a mandate to reprivatize the U.S. economy through deregulation …

The Trump stock euphoria starts to fade
4 months, 1 week ago

The Trump stock euphoria starts to fade

Live Mint  

Can the postelection market rally continue? “Really extended valuations on equities means we’re vulnerable to shocks, turbulence and volatility," said José Torres, senior economist at Interactive Brokers. Geopolitical risks related to the wars in Ukraine and the Middle East combined with memories of Trump’s at-times chaotic governing style make it easy for some investors to picture valuations falling back to …

Trump picks more for posts in 2nd term
Trending News
4 months, 1 week ago

Trump picks more for posts in 2nd term

China Daily  

WASHINGTON — US President-elect Donald Trump on Tuesday tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department. He also selected Mehmet Oz, a former television talk show host and heart surgeon, to head the agency that oversees health insurance programs for millions of older, poor and disabled US citizens, and named Wall Street executive Howard …

Trump picks more for posts in 2nd term
4 months, 1 week ago

Trump picks more for posts in 2nd term

China Daily  

FILE PHOTO: US President-elect Donald Trump gestures as he meets with House Republicans on Capitol Hill in Washington, US, November 13, 2024. WASHINGTON — US President-elect Donald Trump on Tuesday tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department. He also selected Mehmet Oz, a former television talk show host and heart surgeon, to head …

Trump picks more for posts in 2nd term
4 months, 1 week ago

Trump picks more for posts in 2nd term

China Daily  

FILE PHOTO: US President-elect Donald Trump gestures as he meets with House Republicans on Capitol Hill in Washington, US, November 13, 2024. WASHINGTON — US President-elect Donald Trump on Tuesday tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department. He also selected Mehmet Oz, a former television talk show host and heart surgeon, to head …

Trump names billionaire and longtime pal Howard Lutnick as commerce secretary
4 months, 1 week ago

Trump names billionaire and longtime pal Howard Lutnick as commerce secretary

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump has chosen financial services CEO and transition …

Trump taps financial services company CEO as commerce secretary
Trending News
4 months, 1 week ago

Trump taps financial services company CEO as commerce secretary

Live Mint  

Washington, US President-elect Donald Trump on Tuesday tapped the CEO of a top financial services company as his commerce secretary and US trade representative. "I am thrilled to announce that Howard Lutnick, chairman and CEO of Cantor Fitzgerald, will join my administration as the US Secretary of Commerce," Trump said. "In his role as co-chair of the Trump-Vance transition team, …

US President-elect Donald Trump names Howard Lutnick as commerce secretary
Trending News
4 months, 1 week ago

US President-elect Donald Trump names Howard Lutnick as commerce secretary

India Today  

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration. Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in …

‘What’s left for Bob?’ Lutnick pick raises questions about Lighthizer’s future influence
4 months, 1 week ago

‘What’s left for Bob?’ Lutnick pick raises questions about Lighthizer’s future influence

Politico  

That’s left trade policy watchers in Washington and foreign capitals wondering what role, if any, Lighthizer will play in trade and economic policy for the Trump administration, after serving as a driving force throughout the campaign. “I was assuming that if didn’t go back to USTR, he’d end up in the White House as some kind of trade czar, but …

Trump chooses billionaire and key transition advisor Howard Lutnick for Commerce Secretary
4 months, 1 week ago

Trump chooses billionaire and key transition advisor Howard Lutnick for Commerce Secretary

The Hindu  

President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Mr. Trump's plans to raise and enforce tariffs. Mr. Lutnick is a co-chair of Mr. Trump's transition team, along with Linda McMahon, the …

What to know about Howard Lutnick, Trump’s pick for commerce secretary
4 months, 1 week ago

What to know about Howard Lutnick, Trump’s pick for commerce secretary

Associated Press  

WASHINGTON — President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. He was Elon Musk’s pick to lead the Treasury Department Elon Musk and others in Trump’s orbit called on Trump last week to dump previous front-runner for treasury secretary, Scott Bessent, in favor of …

What to know about Howard Lutnick, Trump's pick for commerce secretary
4 months, 1 week ago

What to know about Howard Lutnick, Trump's pick for commerce secretary

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump has …

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