Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days. “I will divest, I will sell all of my interests,

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

The billionaire Wall Street CEO fielded questions about tariffs, China's AI progress, broadband access, allegiance to Trump and the revival of American mining and semiconductor production.

President Trump’s pick to lead the Commerce Department assured senators on Wednesday he won’t try to dismantle the nation’s climate, oceans and weather science agency during a largely genial

Howard Lutnick, President Donald Trump's nominee for Commerce Secretary and CEO of Cantor Fitzgerald, says the firm has no equity in Tether, a controversial crypto firm. But he does say Cantor owns a convertible bond with Tether.

Howard Lutnick, President Trump’s pick to lead the Commerce Department, will face questioning from the Senate Commerce, Science, and Transportation Committee Wednesday morning during a

Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.

During a confirmation hearing to become Commerce Secretary, the billionaire Bitcoin backer faced questions about his firm’s ties to Tether.

Billionaire Howard Lutnick, nominated by President Trump to head the Commerce Department, plans to divest from his businesses. Lutnick, known for his support of Trump's trade policies, aims to use tariffs strategically.

Howard Lutnick disclosed details of complex financial interests, holding at least $800 million in assets. By Ana Swanson and Maureen Farrell Ana Swanson reported from Washington, and Maureen ...