Howard Lutnick labels former neighbor Jeffrey Epstein as the ‘greatest blackmailer ever’
Commerce Secretary’s Controversial Comments on Jeffrey Epstein In a striking departure from the Justice Department’s stance, Commerce Secretary Howard Lutnick described Jeffrey Epstein as “the greatest threatening man of all time.” Lutnick made this surprising statement during a discussion with Miranda Devine on the recent episode of “Pod Force One.” The 64-year-old Cabinet Secretary recounted […]
Howard Lutnick shares with ‘Pod Force One’ his experiences of losing his brother and many colleagues in the 9/11 attacks.
Commerce Secretary Reflects on 9/11 Loss WASHINGTON – Commerce Secretary Howard Lutnick emotionally recounted the tragic day of September 11, 2001, when he lost his brother, his close friend, and numerous employees at Cantor Fitzgerald due to a terrorist attack. Now 64, Lutnick shared with Miranda Devine that, on that fateful Tuesday morning, he was […]
Howard Lutnick explains how he prepared for Trump’s trade agreement with the EU on ‘Pod Force One’
Trade Negotiations with the EU Highlighted by Commerce Secretary Commerce Secretary Howard Lutnick recently shared insights in an interview that President Trump “set the stage” for what could become a significant trade agreement with the European Union this July. “I prepare everything, and the president considers me the best at setting the stage,” Lutnick mentioned […]
Reminder to Lutnick: Bayh-Dole benefits taxpayers
Commerce Secretary Howard Lutnick recently proposed that the federal government should claim half of university royalties from discoveries that come from federally funded research, no matter how small the grant is. This move is yet another example of what some view as the Trump administration’s confusing economic policies, raising quite a bit of concern. Lutnick […]
Trump will remember Musk’s ‘negativity,’ Lutnick states
The Secretary of the Commerce Bureau, Howard Lutnick, mentioned that President Trump likely won’t overlook the “negativity” associated with tech billionaire Elon Musk as he steps away from government. Lutnick referred to Musk as Trump’s “best friend” during his administration but noted that Musk’s departure left a lasting impression of negativity. “I think Elon Musk […]
Pentagon considering acquiring stakes in defense contractors: Lutnick
Commerce Secretary Howard Lutnick mentioned on Tuesday that the Trump administration is “considering” acquiring shares in defense contractors. During a segment on CNBC’s “Squallbox,” Andrew Ross Sorkin posed a question: “Why doesn’t the US government say, ‘We use Palantir Services, so we want a share in Palantir? We utilize Boeing Services. We want Boeing’?” Sorkin […]
Lutnick supports Trump’s bid for Intel shares: ‘This is not socialism’
Commerce Secretary Howard Lutnick has responded to Republican backlash over a recent agreement that allows the government to acquire a 10% stake in Intel, a significant player in the shipbuilding industry. This move has been labeled by some as a shift towards socialism and a departure from traditional conservative market principles. Lutnick specifically addressed remarks […]
Commerce Secretary Howard Lutnick cancels ‘unlawful’ $7.4B deal to fund semiconductor research for a nonprofit associated with Biden.
Commerce Secretary Cancels Funding Agreement for Semiconductor Research WASHINGTON – Commerce Secretary Howard Lutnick has terminated the Biden administration’s agreement to distribute substantial funding for semiconductor research via nonprofit organizations, as revealed in a letter obtained by the Post. The 2022 Chips and Science Act allocated $11 billion for semiconductor R&D, which was meant to […]
Commerce Secretary Lutnick states that Intel must provide a government share for CHIPS funding.
Commerce Secretary Confirms Plans for Chip Investment On Tuesday, Commerce Secretary Howard Lutnick announced the government’s intention to acquire 10% of Inter’s shares in exchange for $8 billion in chip law funds that the Biden administration has approved. Lutnick emphasized that this investment would benefit struggling chip manufacturers. “We need to get equity stakes for […]
Administration weighing investment in Intel, says Lutnick
The Trump administration is exploring the idea of acquiring shares in Intel to assist US chip manufacturers facing difficulties, according to Commerce Secretary Howard Lutnick. Lutnick noted that funding for this stock acquisition would come from previously designated funds from the Biden administration. Reports indicate the government might pursue a 10% ownership stake through grants […]