The Latest Breaking News from Howard Lutnick

White House Says $100,000 H-1B Visa Fee To Be One-time Payment

The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry a day earlier, saying a $100,000 fee will be a "one-time" payment imposed only on new applicants.

International Business Times · Sep 20, 2025

India expresses concern about Trump plan to hike fees on H-1B visas that bring tech workers to US

The Indian government expressed concern Saturday about President Donald Trump’s latest push to upend American immigration policy, dramatically raising the fee for visas that bring tech workers from India and other countries to the United States

The Independent UK · Sep 20, 2025

Trump news at a glance: president hikes H-1B visa cost to $100,000 a year as aide tells firms to ‘train Americans’

Decision could be major blow to tech industry, but commerce secretary says ‘all of the big companies are on board’

The Guardian - US · Sep 20, 2025

Trump confused Armenia with Albania and claimed not to know Mandelson

The US president appeared alongside Prime Minister Sir Keir Starmer at Chequers for a press conference to round off his state visit to Britain.

Evening Standard · Sep 18, 2025

Experts independently resurrect Census Bureau advisory committee axed by Trump administration

A U.S. Census Bureau advisory committee disbanded by the Trump administration has reconstituted itself

The Independent UK · Sep 18, 2025

Trump Admin's Intel Stake Could Create 'Unintended Inefficiencies' In Global Chip Industry, Warns Fitch

The U.S. government’s recent investment in Intel Corp. (NASDAQ:INTC) could lead to unintended inefficiencies in the global semiconductor industry, according to a report by Fitch Ratings.

Benzinga · Sep 16, 2025

Trump Wants Fannie Mae, Freddie Mac Shares To Rise Before 'Largest IPO of All Time,' Says Bill Ackman: The President 'Likes To See Stocks Soar'

Billionaire investor Bill Ackman said that President Donald Trump’s administration is working to lift shares of the Federal National Mortgage Association (OTC:FNMA), or Fannie Mae, and the Federal Home Loan Mortgage Corp. (OTC:FMCC), or Freddie Mac, ahead of what could be “the largest IPO of all time.”

Benzinga · Sep 16, 2025

Swatch To Raise US Watch Prices By Up To 15%, Unveils Satirical 'WHAT IF...TARIFFS?' After Trump's 39% Tariffs On Swiss Imports

In response to the 39% tariff imposed by President Donald Trump on Swiss imports, Swatch Group (OTC:SWGAY) has announced a price increase of 5% to 15% for its products in the United States.

Benzinga · Sep 15, 2025

Elon Musk's Two-Word Response, Trump Administration's Patent Share, Palantir CEO's China Warning And More: This Week In Politics

It’s been an eventful week, with some of the most influential figures in the business world making headlines. Here’s a quick recap of the top political stories you might have missed.

Benzinga · Sep 14, 2025

Howard Lutnick Says Elon Musk Got DOGE 'Backward,' Focused On Firing Instead Of Cutting Government Waste

On Friday, Commerce Secretary Howard Lutnick criticized Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's leadership of the Department of Government Efficiency or DOGE, saying the billionaire prioritized firing workers over slashing waste, fraud and abuse, undermining the initiative's original mission.

Benzinga · Sep 13, 2025