Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.
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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.
President Donald Trump's commerce secretary nominee, Howard Lutnick, say he prefers "across-the-board" tariffs at his confirmation hearing before the Senate Commerce Committee Yahoo Finance Washington Correspondent Ben Werschkul joins Market Domination to outline his takeaways from Lutnick's questioning by US lawmakers and President Trump's own commentary around his looming tariffs.
Howard Lutnick said tariffs are essential for supporting U.S.-based manufacturing and won't trigger inflation while undergoing a Senate confirmation hearing on Wednesday.
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,
U.S. tariffs against Canada could come in two steps, with the first blow coming as early as Saturday if Ottawa can't show it has shut its borders to illegal immigration
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs cause inflation is "nonsense" during a confirmation hearing.
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.
Robert F Kennedy Jr and Democratic Sen. Elizabeth Warren of Massachusetts got into a heated exchange during the Senate Finance Committee confirmation hearing for President Donald Trump ’s pick to lead the Department of Health and Human Services.
Lutnick, a billionaire businessman and co-chair of President Donald Trump’s transition team, testifies Wednesday in his confirmation hearing to become commerce secretary.