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The Latest Breaking News from Howard Lutnick

TSMC May Acquire Fellow CHIPS Act Beneficiary Intel

Collectively, the two companies were promised more than $14 billion in government grants. Now, one is failing and may be partially acquired by the other.

Reason

Trump Wants to 'Abolish the IRS,' New Commerce Secretary Says

Commerce Secretary Howard Lutnick revealed another one of the Trump administration's controversial goals: abolishing the Internal Revenue Service (IRS).

Latin Times

Trump official calls Social Security ‘wrong’ as administration lays groundwork for massive cuts

The president and his allies are justifying cuts on allegations of ‘waste’ to pay for his tax plan

The Independent UK

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AI safety advocates slam Trump administration’s reported targeting of standards agency

The U.S.’s fledgling AI Safety Institute is reportedly about to be gutted by mass layoffs at the National Institute of Standards and Technology.

Fortune

Senate Confirms Howard Lutnick As Commerce Secretary

Howard Lutnick confirmed as commerce secretary supporting Trump's tariffs. Will oversee Commerce Department operations and work on implementing aggressive ...

Top News

Senate Confirms Howard Lutnick As Secretary Of Commerce

Howard Lutnick confirmed as Secretary of Commerce, tasked with overseeing economic activities and promoting American businesses and trade. Senate confirms ...

Top News

US Lawmakers Confirm Howard Lutnick As Commerce Secretary

The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool.

International Business Times

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Senate Confirms Wall Street Billionaire Howard Lutnick As Commerce Secretary

Lutnick's role will be crucial in overseeing President Trump's economic agenda.

International Business Times

Cars could soon be more expensive again as tariff-loving Trump warns automakers they’re next come April

The new administration is preparing to bypass Congress and unilaterally increase the 2.5% duty levied on most new light-duty vehicles imported into the United States.

Fortune

US Lawmakers Due To Confirm Howard Lutnick As Commerce Secretary

The US Senate is expected to confirm Wall Street billionaire Howard Lutnick as commerce secretary Tuesday, a key step towards the rollout of President Donald Trump's "America First" trade policy with tariffs used as a broad negotiation tool.

International Business Times

Grattan on Friday: Albanese and Trump put Australia in holding patterns on election timing and tariffs

When parliamentarians left Canberra on Thursday after the fortnight sitting, federal politics had the air of an uneasy waiting game.

The Conversation

Senate Finance advances Greer to be US trade representative - Roll Call

Jamieson Greer, the nominee to become U.S. trade representative, received the backing of the Senate Finance Committee on Wednesday.

Roll Call

Senate Majority Leader Thune Sets Up Confirmation Votes Next Week

Senate Majority Leader Thune faces Democratic opposition in scheduling confirmation votes for nominees.

Top News

Lutnick's crypto ties under scrutiny

Lutnick hasn't committed to recusing himself from a group Trump ordered to develop crypto policies

Salon

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news in one place.

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Top News

Senate Committee Approves Lutnick's Nomination For Commerce Secretary

Senate Commerce Committee approves Howard Lutnick's nomination for commerce secretary with bipartisan support. Stay updated on the confirmation process.

Roll Call

Social policy cuts likely from swath of tech initiatives - Roll Call

Commerce secretary nominee Howard Lutnick may cut tech initiative spending such as semiconductor subsidies or broadband expansion.

Roll Call

Senate panel advances Lutnick for Commerce secretary - Roll Call

The Senate Commerce, Science and Transportation Committee advanced Howard Lutnick’s nomination to lead the Commerce Department.

The Independent UK

Trump orders creation of US sovereign wealth fund, says it could own part of TikTok

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok if he’s successful at finding the company an American buyer

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Roll Call

Executive order would establish US sovereign wealth fund - Roll Call

President Donald Trump signed an executive order Monday to begin the process of creating what would be the first U.S. sovereign wealth fund.

International Business Times

Trump Orders Creation Of Sovereign Wealth Fund And Says It Could Purchase TikTok

President Donald Trump is directing the United States to develop a government-owned investment fund.

The Texas Tribune

Trump delays tariffs on Mexico and Canada for one month

Leaders of the three countries said they agreed to send more troops to the border, tackle U.S. arms smuggling into Mexico and increase collaboration over security issues.

Top News

Billionaire Lutnick To Sell Business Holdings, Support Tariffs

Howard Lutnick, potential Commerce Secretary, supports Trump's trade policies, plans to divest business interests, and survived 9/11.

Reason

Trump's Pick for Commerce Secretary Wants More Industrial Policy for Chipmakers

Howard Lutnick told senators that CHIPS Act subsidies were "an excellent down payment."

Top News

Commerce Secretary Nominee Plans Tariffs On China For AI War

Howard Lutnick, commerce secretary nominee, advocates for imposing high tariffs on China in the global AI competition to protect U.S. interests.

International Business Times

US Commerce Secretary Pick Favors Sweeping Tariffs, Hawkish China Stance

Donald Trump's commerce secretary nominee said Wednesday that he favors "across-the-board" tariffs and a country-based approach rather than targeting products, signaling a hawkish China stance as he addressed US lawmakers on the president's punishing trade agenda.

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