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.
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.
The billionaire Wall Street CEO fielded questions about tariffs, China's AI progress, broadband access, allegiance to Trump and the revival of American mining and semiconductor production.
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Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
Howard Lutnick, President Donald Trump's nominee for Commerce Secretary and CEO of Cantor Fitzgerald, says the firm has no equity in Tether, a controversial crypto firm. But he does say Cantor owns a convertible bond with Tether.
Howard Lutnick, President Trump’s pick to lead the Commerce Department, will face questioning from the Senate Commerce, Science, and Transportation Committee Wednesday morning during a
Finance Minister Dominic LeBlanc sent a video of Canada's border security efforts to the man U.S. President Donald Trump has chosen to oversee his tariff agenda — part of Canada's pitch to avoid devastating duties that could come as soon as Saturday.
Governor General Mary Simon granted Prime Minister Justin Trudeau’s request to suspend Parliament until Mar. 24, which he did to give the Liberal party room to hold a leadership contest to replace him, after announcing on Jan. 6 he would step down as both party leader and prime minister. The Liberals will name their new leader on Mar. 9.
A massive cyberattack targeting China’s AI start-up DeepSeek originated from US IP addresses, according to a report.
Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of who’s been confirmed.