Reported 1 day ago
Howard Lutnick, nominated by President Donald Trump as Commerce Secretary, has pledged to sell all his business interests within 90 days during his Senate confirmation hearing. Lutnick, who leads Cantor Fitzgerald and has ties to over 800 companies, supports Trump's aggressive trade strategies, including proposed tariffs on Canada and Mexico. He rejected the notion that tariffs cause inflation, advocating instead for reciprocity in trade policies. Lutnick's nomination focuses on the extensive duties of the Commerce Department, which oversees trade policies and economic statistics.
Source: YAHOO