Trump taps Lutnick
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text Walmart's chief financial officer says some prices could rise if President Trump's tariffs go into effect. A Walmart executive warned that President-elect […]
Trump Expected To Tap Howard Lutnick To Run Commerce Department
President Donald Trump is expected to announce his nomination of Howard Lutnick, CEO of Cantor Fitzgerald and one of Wall Street's most prominent figures, to be secretary of commerce. The appointment underscores President Trump's penchant for placing business leaders with private sector pedigree, rather than traditional political experience, in key economic posts. Mr. Lutnick's selection […]
Treasury contenders Howard Lutnick, Scott Bessent in ‘knife fight’
President Donald Trump's two front-runners for Treasury secretary are engaged in what is reported to be a “knife fight,” but the president-elect, reportedly displeased with one of them, apparently The company reported that it is expanding its list of options. I will report it. Howard Lutnick, the billionaire CEO of Wall Street giant Cantor Fitzgerald, […]
Musk backs Lutnick over Bessent as Trump’s Treasury secretary
Billionaire tech mogul Elon Musk will choose Cantor Fitzgerald chairman and CEO, rather than Key Square Group founder Scott Bessent, to be Trump's next Treasury secretary. I supported Howard Lutnick. post on social platform X on Saturday. “In my opinion, Bessent is the traditional choice, but @howardlutnick will actually make a difference. Business as usual […]
Trump transition boss Howard Lutnick could lead Treasury Department
A Wall Street billionaire who heads the transition team responsible for staffing the incoming Trump administration is one of the potential candidates to become the next Treasury secretary, according to reports. Howard Lutnick, CEO of private investment bank Cantor Fitzgerald, is an ally of President Trump who leads the transition team. Since Trump's landslide victory […]
US real estate market will be ‘very ugly’ next year, Howard Lutnick warns
The CEO of a major financial services company has warned of a “very ugly” property market over the next two years. Cantor Fitzgerald CEO Howard Lutnick speaks with FOX Business host Maria Bartiromo at the World Economic Forum in Davos, Switzerland, and says a “generational change” is on the horizon. and warned of large-scale defaults […]