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Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
President Trump’s cabinet picks have assets worth at least $1.5 billion. Here’s how each cabinet member made their wealth.
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.
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.
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,
U.S. tariffs against Canada could come in two steps, with the first blow coming as early as Saturday if Ottawa can't show it has shut its borders to illegal immigration
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs cause inflation is "nonsense" during a confirmation hearing.
President Donald Trump's commerce secretary nominee, Howard Lutnick, say he prefers "across-the-board" tariffs at his confirmation hearing before the Senate Commerce Committee Yahoo Finance Washington Correspondent Ben Werschkul joins Market Domination to outline his takeaways from Lutnick's questioning by US lawmakers and President Trump's own commentary around his looming tariffs.
Howard Lutnick voiced robust support for U.S. leadership in AI and quantum information sciences alongside a light touch regulatory approach.