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The Latest Breaking News from Commerce

Lutnick Exposed for Falsely Claiming 70K People Bought Residency Cards for $5M As Nicki Minaj Is Revealed as Sole Buyer

US Commerce Secretary Howard Lutnick admitted under oath to selling only one 'Gold Card' visa, contradicting earlier claims of mass sales

International Business Times UK

Trump's missed AI deadlines

Key deadlines set out in President Trump's executive order have passed, with agencies failing to deliver on major steps that were due more than a month ago.

Axios

Lutnick urges boost for trade enforcement at BIS

The Commerce Department says it needs additional funds in fiscal 2027 to enforce export controls and prevent the diversion of semiconductors to China and other foreign adversaries. Testifying Thursday before the House Commerce-Justice-Science Appropriations Subcommittee, Commerce Secretary Howard Lutnick said investment in new law enforcement agents at the Bureau of…

Roll Call

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Scoop: GOP called Howard Lutnick to reverse crypto PAC's Texas move

"This was not a smart move."

Axios

Globalization Made Howard Lutnick a Billionaire. Now He's Railing Against It as Trump's Commerce Chief.

Globalization helped make everyone else much richer, too.

Reason

The surprising reason a Spirit Airlines bailout could be bad news for travelers

Salvaging Spirit is just a short-term fix that could do more harm than good.

Fortune

House satellites licensing bill leaves out Senate compromise

A satellite permitting bill unveiled this week in the House does not include provisions included in a Senate version regarding federal spectrum or a limit on the size of satellite constellations that would automatically win federal approval after expiration of a review deadline. The House Energy and Commerce Subcommittee on Communications…

Roll Call

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Winning the AI ‘arms race’ holds appeal for both parties

When House Energy and Commerce Chairman Brett Guthrie, R-Ky., said the U.S. “is in an AI arms race with China” at a markup in January, it was routine. Earlier that month, at a House Ways and Means subcommittee hearing, Rep. Blake D. Moore, R-Utah, aired his worry that the words…

Roll Call

Approvals for Nvidia and AMD AI chip exports to China stall under government bottleneck — 20% staff turnover hobbles Bureau of Industry and Security

Staffing at the U.S. Commerce Department office that vets exports of Nvidia and AMD AI accelerators has collapsed over the past year.

Tom’s Hardware

Bill Gates scheduled to testify to House Oversight committee in Jeffrey Epstein investigation

Microsoft co-founder, and Trump’s commerce secretary Howard Lutnick, among several high-profile figures to give sworn interviews

The Independent UK

Trump’s commerce secretary Howard Lutnick expected to testify in House Epstein probe next month: reports

Cabinet member has denied any wrongdoing in relation to disgraced financier but has faced questions over their past association, particularly a lunch he attended on the latter’s private island in 2012

The Independent UK

'Fidgeting' Trump Relocated During High-Stakes Supreme Court Hearing, Report Claims

ACLU Executive Director Anthony Romero said in an interview with MSNOW that he was seated one row behind Trump and that he was "fidgeting" throughout.

International Business Times

US senators want to suspend Nvidia AI chip export licenses to China and its intermediaries — bipartisan letter to Commerce Dept says that Huang’s claims of no chip diversion ‘were contradicted by reporting available’

U.S. senators Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.) told Commerce Secretary Howard Lutnick that he should suspend all active export licenses to China for Nvidia AI chips, saying that Nvidia's most advanced AI GPUs are being diverted into the country despite Jensen Huang's assurances.

Tom’s Hardware

BSEB Class 12 Results 2026: Girls Outshine Boys, Arts and Commerce Stream Toppers are Female

The Bihar School Education Board (BSEB) on Monday announced the Class 12 board exam results, and once again, girls outshone boys in overall performance.

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Roll Call

AI draft bill would revamp online landscape

Sen. Marsha Blackburn on Wednesday proposed a sweeping national standard on artificial intelligence that seeks to make good on President Donald Trump’s call for a federal law in lieu of state regulations. Blackburn, R-Tenn., released a discussion draft bill and summary of her AI framework legislation, which would place a…

International Business Times UK

Epstein Files Reveal Commerce Secretary Howard Lutnick Planned Private Yacht Dinner With 8 Children Aboard

Commerce Secretary Howard Lutnick is under fire as Epstein Files reveal planned Caribbean yacht dinner with minors, sparking resignation demands.

Fortune

Meet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds

The market gained attention following allegations Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, participated in the otherwise legal trade with conflicts of interest.

The Independent UK

DOJ releases missing Epstein files with interview of Trump sexual assault accuser

Three memos containing summaries of 2019 FBI discussions with anonymous accuser were previously withheld after being ‘incorrectly coded as duplicative,’ DOJ explains

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The Independent UK

Trump accused of using Iran strikes to deflect from Epstein files

New York Democratic Representative Alexandria Ocasio-Cortez criticised Donald Trump for launching joint US-Israeli airstrikes on Iran. Ocasio-Cortez accused Trump of "risking world war" to divert attention from the ongoing Jeffrey Epstein scandal, citing a pattern of impulsive military actions without clear exit strategies. She suggested that the timing of these…

Fortune

American consumers are the ultimate losers in the ‘immense mess’ of $175 billion in tariff refunds, says Trump’s former commerce secretary

The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining trade partners, Ross said.

Fortune

The U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex–commerce secretary. Don’t expect them to get involved in Iran

Speaking exclusively with Fortune, Wilbur Ross said the Iran war “is going at least as well as anyone could have hoped,” and that he is “intrigued” that China and Russia have not intervened.

The Independent UK

Justice Department accused of briefly removing image of Trump’s Commerce Secretary Howard Lutnick from released Epstein files

The photo appears to depict Lutnick, Epstein and other men on the billionaire pedophile’s private island

International Business Times

Epstein Subpoena For Trump's Commerce Secretary Howard Lutnick 'Very Possible', Republicans Say

Republican lawmakers leading the Epstein investigation are signaling that they could subpoena U.S. Commerce Secretary Howard Lutnick over his ties to the late sex trafficker.

The Independent UK

Top House Republican says it’s ‘very possible’ Trump Commerce Secretary Lutnick will be deposed over Epstein

Lutnick lied to the New York Post about visiting Epstein’s infamous island during an October 2025 interview

International Business Times

Howard Lutnick's 'Brash' Negotiation Tactics Sparking Fury Within Trump Administration: Report

Commerce Secretary Howard Lutnick has reportedly gained the ire of some in the Trump administration due to his aggressive style, according to a report.

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