The Senate Commerce Committee will hold a January 29 hearing on President Donald Trumps nominee, Howard Lutnick, to lead the Commerce Department. As head of Cantor Fitzgerald and BGC Group, Lutnick has built a
The Senate Commerce Committee plans a hearing on nominee Howard Lutnick, chosen by Trump to lead the Commerce Department amid U.S.-China tech tensions. Lutnick, a Wall Street CEO, will oversee trade strategies and divest business holdings upon confirmation.
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.
Trump’s order seeking an “America-first trade policy” calls on Lutnick to work with the treasury secretary, who is likely to be hedge fund billionaire Scott Bessent, and the US trade representative, poised to be lawyer Jamieson Greer.
Donald Trump assembles a team of Wall Street veterans and economists to implement his ambitious economic agenda.
President Donald Trump previously criticized the CHIPS and Science Act, leading to speculation over whether the law could be repealed or tweaked under the new administration.
President Donald Trump did not immediately impose tariffs on Monday as previously promised but said he was thinking about imposing 25% duties on imports from Canada and Mexico on Feb. 1 over illegal immigrants and fentanyl crossing into the U.
The Senate has confirmed Marco Rubio as secretary of state, giving President Donald Trump the first member of his Cabinet. The vote was unanimous.
President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.
Vice President-elect JD Vance and his wife Usha were dressed to the nines Saturday night to host the private dinner for President-elect Donald Trump’s cabinet.
Donald Trump and his backers were hardly fans of the Biden administration's CHIPS and Science Act during the election campaign, yet the next U.S. government does not plan to reverse it. At least, that's the impression the next U.S. Commerce Secretary, Howard Lutnick, gave to outgoing Secretary Gina Raimondo, Bloomberg reports.
After four years out of office, he vows to quickly undo many of the policies of his departing predecessor, Joe Biden.