Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.

Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on Commerce, Science and Transportation that he would divest “all of my interests, my business interests, all of my assets, everything.”

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President Trump’s cabinet picks have assets worth at least $1.5 billion. Here’s how each cabinet member made their wealth.

Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn't imminent.

The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days, then face broader penalties this spring.In summary, it's: maybe tariffs now,

Commerce nominee Howard Lutnick says U.S. tariffs against Canada could come in two steps, with the first blow coming as early as Saturday.

President-elect Donald Trump (R) announced former U.S. Rep. Tulsi Gabbard as his nominee for director of national intelligence on November 13, 2024. This presidential appointment requires Senate confirmation. The Senate Intelligence Committee held a ...

See also: Donald Trump's Cabinet, 2025 and Confirmation process for Donald Trump's Cabinet nominees, 2025 The following table provides an overview of the status, confirmation hearings, and committee and Senate votes for each of Trump's Cabinet and Cabinet ...

Billionaire businessman Howard Lutnick got a step closer to potentially serving as the next Commerce secretary after largely sailing through his confirmation hearing Wednesday before a U.S. Senate panel.

In a hearing before the Senate Commerce Committee, Howard Lutnick was asked about an array of policy matters including tariffs, China, inflation, and more.