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.”

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

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Howard Lutnick, Trump's pick for U.S. commerce secretary, said tariffs will 'create reciprocity, fairness and respect' for the U.S. and will not be inflationary for Americans.

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.

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

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,

On Wednesday, the Consumer Choice Center (CCC) issued a statement agreeing with that sentiment, saying that while Trump’s 25% tariff threats are “nonsensical,” so is Canada’s supply management system that imposes tariffs of up to 300% on imported dairy.

Donald Trump's self-imposed deadline for a first round of tariffs on Canada, Mexico, and China looms in less than two days as economic observers and world leaders try to plan amid the uncertainty.

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 ...

I can’t say that I can honor something I haven’t read,” Howard Lutnick, Trump’s nominee for commerce secretary, said of the binding CHIPS and Science Act awards in a confirmation hearing on Wednesday.