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Howard Lutnick, the wealthy Wall Street executive whom President Trump has tapped to lead the Department of Commerce, detailed a complex network of financial holdings on Friday as he prepared to face scrutiny from lawmakers during a confirmation hearing next week.
Billionaire businessman Howard Lutnick got a step closer to potentially serving as the next Commerce secretary after largely sailing through his confirmation hearing Wednesday before a U.S. Senate panel.
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.
Anthropic CEO Dario Amodei claims the U.S.' export rules are working as intended, looking at DeepSeek's progress in the context of U.S. AI progress.
Donald Trump's commerce secretary nominee said Wednesday that he favors "across-the-board" tariffs and a country-based approach rather than targeting products, signaling a hawkish China stance as he a
Howard Lutnick, President Donald Trump's nominee to lead the Commerce Department, on Friday disclosed his financial holdings and assets ahead of a Senate hearing to confirm him for the role. The Wall Street CEO earned nearly $200 million through financial services company Cantor Fitzgerald.
As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements — and the possibility that those associations could influence his decision-making in the White House.
US President Donald Trump promised tariffs and taxes on other countries Monday after being sworn in, although he held off announcing any immediate measures.
US President Donald Trump said Monday he could impose 25 percent tariffs on imports from neighbors Canada and Mexico on February 1.
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their