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Howard Lutnick

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Kindergarten Drop-off That Spared Cantor Fitzgerald’s Leader on 9/11
business29 days ago

Kindergarten Drop-off That Spared Cantor Fitzgerald’s Leader on 9/11

Brandon Lutnick recalls how Cantor Fitzgerald suffered devastating 9/11 losses—658 New York employees killed—while his father, Howard Lutnick, survived because he was dropping Brandon’s brother off at kindergarten that morning. Cantor pledged extensive support to the families, offered jobs to children of the deceased, and rebuilt the firm into a major financial services entity (including spin-outs like BGC Partners and a Fed primary dealer status), continuing an annual Charity Day to honor those lost and urging memory beyond political framing.

via New York Post|
#9-11#business#cantor-fitzgerald
technology3 months ago

BIS Under Fire as Export Rules Slow China Chip Clampdown

U.S. officials and lawmakers say the Commerce Department’s Bureau of Industry and Security is gridlocked by leadership decisions, slow rulemaking, and license backlogs, risking weaker controls on advanced chips going to China; critics allege BIS chief Jeffrey Kessler’s micromanagement and the Commerce secretary’s stance have paralyzed enforcement, while the White House defends leadership and cites a shift away from rubber-stamping licenses even as some rules lag and an eight-month gap in updating the Entity List draws bipartisan scrutiny.

via Politico|
#bis#china#export-controls
Trump’s Fury at Lutnick Exposed in Bombshell White House Book Excerpt
politics3 months ago

Trump’s Fury at Lutnick Exposed in Bombshell White House Book Excerpt

A new Regime Change excerpt from Maggie Haberman and Jonathan Swan portrays a volatile White House, detailing Donald Trump’s furious outburst at Commerce Secretary Howard Lutnick (calling him a “pussy” and saying he’d become soft), with Lutnick allegedly firing back about tariffs, illustrating a tense cabinet dynamic. The book also covers related revelations (including Lutnick’s past ties to Jeffrey Epstein and Trump’s grandiose Oval Office decor and power claims) based on extensive interviews; the White House did not provide comment.

via The Daily Beast|
#commerce-department#department-of-justice#donald-j-trump
politics5 months ago

Lutnick acknowledges lingering ties to Epstein in closed-door hearing

Commerce Secretary Howard Lutnick admitted visiting Jeffrey Epstein’s island several years after saying he cut ties, calling the visit “inexplicable.” Democrats labeled him evasive and signaled they may seek more questioning, potentially in public or sworn form, while the interview was transcribed rather than videotaped. No wrongdoing is alleged, but the exchange raises credibility questions as lawmakers press for full disclosure in the Epstein probe.

via Politico|
#epstein-investigation#house-oversight-committee#howard-lutnick
Lutnick to Brief House Panel on Epstein Ties in Closed Interview
politics5 months ago

Lutnick to Brief House Panel on Epstein Ties in Closed Interview

Commerce Secretary Howard Lutnick will testify behind closed doors before the House Oversight and Reform Committee about his past ties to Jeffrey Epstein, in a session tied to a broader Epstein investigation after the DOJ released files showing Lutnick maintained contact post-2008. Lutnick previously said he cut ties in 2005, but records also show Epstein-related scheduling and a 2012 island visit. The hearing aims to address lawmakers’ questions; a transcript will be released later. Lutnick has not been accused of wrongdoing, though some Republicans have pressed for accountability and even resignation, while the White House has voiced support for him.”

via The Guardian|
#epstein-documents#house-oversight-and-reform-committee#howard-lutnick
Trump's Gold Card Visa: Only One Approval Amid Backlog And Legal Challenge
business5 months ago

Trump's Gold Card Visa: Only One Approval Amid Backlog And Legal Challenge

Only one approval has been granted under the Trump-era Gold Card program, which requires a $1 million gift to the Commerce Department plus a $15,000 processing fee for expedited permanent residency. DHS says approvals are limited and hundreds remain in the queue, a sharp contrast to earlier claims of broad sales, with Bloomberg noting a recipient (Jeffrey Chao) and multiple lawsuits challenging the program.

via Forbes|
#business#gold-card-visa#howard-lutnick
Trump’s Cabinet Shake-Up Triggers Odds-on Next Exit
politics5 months ago

Trump’s Cabinet Shake-Up Triggers Odds-on Next Exit

After Labor Secretary Lori Chavez-DeRemer’s resignation, Trump’s cabinet purge intensifies, with bettors on Polymarket placing bets on who’ll be the next ousted. Chavez-DeRemer is the third female cabinet member to leave within weeks, following Kristi Noem and Pam Bondi. The frontrunners to depart next are Commerce Secretary Howard Lutnick and Defense Secretary Pete Hegseth, each around 37% odds, amid controversy over Lutnick’s Epstein ties and Hegseth’s Iran-war stance and past allegations. Rubio is viewed as the safest bet. The piece highlights ongoing jockeying and public scrutiny surrounding the shake-up.

via The Daily Beast|
#cabinet#howard-lutnick#labor-department
politics7 months ago

GOP weighs subpoena for Lutnick in Epstein probe as Clinton deposition unfolds

House Oversight Chair James Comer says a subpoena for Commerce Secretary Howard Lutnick to testify in the Jeffrey Epstein investigation is “very possible” as Hillary Clinton’s deposition proceeds; newly released DOJ materials show Lutnick and Epstein continued ties after 2005, including a 2012 lunch on Epstein’s private island, though Lutnick is not accused of crimes. The panel is also pressing Clinton’s testimony and broader disclosures in the Epstein matter, with Democrats stressing the inquiry should remain focused on facts rather than partisan theater.

via Politico|
#epstein#hillary-clinton#house-oversight-committee
GOP lawmaker presses Lutnick to quit over Epstein ties after new files
politics8 months ago

GOP lawmaker presses Lutnick to quit over Epstein ties after new files

Rep. Thomas Massie urged Commerce Secretary Howard Lutnick to resign after newly released Epstein files showed Lutnick discussed visiting Epstein’s island in 2012 and even invited Epstein to a Hillary Clinton fundraising event; Lutnick says interactions were limited, but lawmakers are calling for accountability as the Epstein files surface.

via The Guardian|
#epstein#epsteinfiles#howard-lutnick
Lutnick’s Davos Dinner Ends in Jeers as Trump Echoes Spark Tensions
politics8 months ago

Lutnick’s Davos Dinner Ends in Jeers as Trump Echoes Spark Tensions

At a Davos World Economic Forum dinner, Howard Lutnick was loudly booed and several attendees walked out after he praised Donald Trump as the continent’s “new sheriff in town,” with Al Gore among the hecklers; French President Emmanuel Macron publicly pushed back against Trump’s rhetoric, signaling ongoing US‑EU tensions during Davos while protests also simmered around the event.

via The Daily Beast|
#davos#donald-j-trump#emmanuel-macron
Lutnick’s pro-Trump capitalism stance roils Davos dinner
world8 months ago

Lutnick’s pro-Trump capitalism stance roils Davos dinner

Howard Lutnick’s combative remarks at a Davos World Economic Forum dinner hosted by BlackRock’s Larry Fink provoked uproar, with jeers and walkouts as Fink urged calm. Lutnick had earlier urged confronting the status quo in an FT op-ed, arguing that under Trump capitalism has a new sheriff, against a backdrop of strained US-EU relations and tensions over Greenland tariffs.

via Financial Times|
#davos#greenland#howard-lutnick
Howard Lutnick Labels Jeffrey Epstein the 'Greatest Blackmailer Ever'
world1 year ago

Howard Lutnick Labels Jeffrey Epstein the 'Greatest Blackmailer Ever'

Howard Lutnick, former neighbor of Jeffrey Epstein, called Epstein the 'greatest blackmailer ever' in a recent interview, contrasting with official DOJ and FBI findings that lack credible evidence of Epstein blackmailing prominent individuals or trafficking minors. Lutnick recounted his personal experience with Epstein and speculated about possible trades behind Epstein's 2008 plea deal, raising questions about the extent of Epstein's activities and the potential for further investigation.

via Axios|
#blackmailer#howard-lutnick#investigation