Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.
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,
US Senator Elizabeth Warren has pressed US President Donald Trump’s Commerce Secretary pick, Cantor Fitzgerald CEO Howard Lutnick, over his investment firm’s connection with stablecoin issuer Tether.
Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
CoreCivic, one of several private prison giants that stands to gain from President Donald Trump’s campaign promise to carry out “mass deportations” of undocumented immigrants, wrote a $500,000 check to Trump’s inaugural committee last month.
President Donald Trump's pick to lead the Commerce Department has told US lawmakers that Canada and Mexico can avoid blanket tariffs if they close their borders to fentanyl. "As far as I know, they are acting swiftly, and if they execute it, there will be no tariff," Howard Lutnick said on Wednesday during a confirmation hearing before senators.
Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)
BEIJING, Jan 21 (Reuters) - U.S. President Donald Trump's picks for senior posts in his administration ... Trump's Commerce Secretary pick is the CEO of Wall Street brokerage firm Cantor Fitzgerald and an outspoken advocate of tariffs.
Donald Trump's commerce secretary nominee said on Wednesday he favors "across-the-board" tariffs targeting countries rather than products.
"Does Cantor Fitzgerald own bitcoin? A shedload of bitcoin ... Witkoff did not respond to requests for comment. ERIC TRUMP, DONALD TRUMP JR., BARRON TRUMP Eric Trump told Reuters last year he was very involved in World Liberty, which he, his elder ...
The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald Trump's nominee to lead the Commerce Department, the agency that has become a key U.S. tool in its efforts to constrain China's tech sector.
Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.