Tag

Lutnick

All articles tagged with #lutnick

politics28 days ago•10 min saved

9/11 Turned Lutnick into a Time-Driven Dealmaker in Trump’s Circle

POLITICO recounts how the 2001 attacks devastated Cantor Fitzgerald and forced Howard Lutnick to rebuild quickly, prioritizing time and outcomes and ensuring support for the families of the deceased. The experience made him a more aggressive dealmaker, a mindset he says guides his work in President Trump’s administration as he pursues rapid execution of major U.S. initiatives—bringing semiconductor manufacturing home, expanding energy and infrastructure, and rebuilding supply chains—while continuing the firm’s charitable Day contributions.

via Politico|

#911 #cantor-fitzgerald #dealmaking

world1 month ago•1 min saved

Lutnick retracts claim of no American deaths in Iran conflict

Commerce Secretary Howard Lutnick apologized after wrongly saying no American service members had died in the Iran conflict; the Defense Department records show 18 U.S. service members killed and more than 750 wounded since February. Lutnick said he misspoke, clarifying he was thinking of a Venezuelan operation where no deaths occurred, and Trump later referenced the Iran deaths in his response.

via USA Today|

#apology #casualties #iran

world1 month ago•3 min saved

Carney Pushes Back on U.S. Trade Claims, Says Canada Ready to Strike a Deal

Canadian Prime Minister Mark Carney rejected claims by U.S. Commerce Secretary Howard Lutnick that Canada wrecked a near‑completed trade deal, saying a mutually beneficial agreement is possible once the U.S. is ready. The clash comes amid looming tariffs and reciprocal measures, with Trump criticizing Canadian leadership while Carney argues Washington has moved its red lines, including issues over language and culture, as talks collapsed.

via CNBC|

#canada-us-relations #lutnick #tariffs

world1 month ago•7 min saved

Carney rebuffs Lutnick’s blame for stalled Canada-U.S. trade talks

Prime Minister Mark Carney rejects Howard Lutnick’s claim that Canada sabotaged trade talks, saying the U.S. approach was the barrier and signaling Canada is ready to resume negotiations once Washington respects Canadian sovereignty and key industries amid tariff tensions and political pressure ahead of provincial votes.

via Politico|

#canada-us-trade #carney #lutnick

politics1 month ago•200 min saved

Lutnick retracts claim of no American deaths in Iran conflict, apologizes

Commerce Secretary Howard Lutnick apologized after claiming that there hadn’t been American deaths in the Iran conflict; in reality, 18 U.S. service members have died since the U.S. began strikes in February, with hundreds wounded. Lutnick said he misspoke, conflating Iran with a separate Venezuelan operation, and expressed sympathy to the families of the fallen amid ongoing scrutiny of death tallies from the conflict.

via CNN|

#american-deaths #apology #cnbc-interview

technology1 month ago•2 min saved

Lutnick mobilizes tech titans for a global AI frontier at the G20 Innovation Summit

Commerce Secretary Howard Lutnick hosts a G20 Innovation Summit in Chapel Hill, inviting Nvidia's Jensen Huang, Anthropic's Tom Brown, OpenAI's Sam Altman, and Palantir's Alex Karp for in-person fireside chats to discuss AI leadership and the frontier; he argues the U.S. will stay ahead of China by defining the frontier, favors guarded but competitive regulation, and positions the American tech stack as a global force.

via Axios|

#ai #g20-innovation-summit #lutnick

us-politics5 months ago•8 min saved

Lutnick to testify behind closed doors on Epstein ties in House probe

Commerce Secretary Howard Lutnick will testify in a closed-door House Oversight Committee interview about his ties to Jeffrey Epstein, including a 2012 trip to Epstein’s private island; he had claimed to sever ties in 2005, but records suggest continued contact as late as 2014. The session was secured after Democrats threatened subpoenas, with Republican support on the panel; a transcript will be released later. The live blog also covers Indiana primaries, Ohio nominations, and other political developments.

via The Guardian|

#congress #epstein #lutnick

politics5 months ago•8 min saved

Capitol Hill scrutiny for Lutnick over Epstein ties and island visit

Commerce Secretary Howard Lutnick faces a House Oversight Committee grilling after Justice Department Epstein files show years of contact with Jeffrey Epstein, including a 2012 family trip to Epstein’s private Caribbean island. The released emails (2009–2018) reveal intermittent communication, discussions related to Prince Andrew and Cantor Fitzgerald, and mutual financial links via AdFin. Lutnick has denied wrongdoing but later acknowledged visiting Epstein’s island; Democrats question his credibility and potential influence as he testifies amid ongoing scrutiny of Epstein’s associates.

via NBC News|

#congress #emails #epstein

politics7 months ago•3 min saved

Lutnick Offers to Explain Epstein Ties to House Panel

Commerce Secretary Howard Lutnick volunteered to be interviewed by the House Oversight Committee about his past associations with Jeffrey Epstein in a closed-door session, saying he did nothing wrong and aiming to set the record straight, with the transcript to be released after his attorney’s review as Democrats seek more records.

via Axios|

#epstein #house-oversight-committee #lutnick

politics7 months ago•2 min saved

Lutnick set to testify before House panel over Epstein ties

Commerce Secretary Howard Lutnick has agreed to testify before the House Oversight Committee about his ties to Jeffrey Epstein; while he has not been accused of wrongdoing, bipartisan scrutiny has intensified after revelations including a 2012 trip to Epstein’s private island, and Rep. Nancy Mace says she will subpoena him if needed. Lutnick says he wants to set the record straight, the White House defends his role, and the testimony is expected to be scheduled behind closed doors in coming weeks.

via CNBC|

#house-oversight-committee #jeffrey-epstein #lutnick

politics7 months ago•15 min saved

Democrats poised to subpoena Lutnick over Epstein ties

Democrats on the House Oversight Committee say they have the votes to subpoena Commerce Secretary Howard Lutnick to testify about his relationship with Jeffrey Epstein, signaling a broader Epstein probe; Lutnick acknowledged a 2012 trip to Epstein’s island, though he’s not accused of crimes. The day’s updates also cover Bill Clinton’s deposition and discussions about calling Trump, alongside a DHS funding fight and FEMA spending in the ongoing government shutdown debate.

via Politico|

#epstein #hillary-clinton #house-oversight-committee

politics8 months ago•5 min saved

Massie says Epstein files reveal six more incriminated individuals, hints at public naming

US Rep. Thomas Massie, after viewing an unredacted Epstein file, says six names are likely incriminated and hints he could publicly reveal them under congressional privilege if the DOJ keeps redacting. The episode underscores calls for fuller disclosure of Epstein connections, as lawmakers push for the Epstein Files Transparency Act, scrutinize ties like Howard Lutnick’s, and debate extending statutes of limitations on certain sexual offenses; Maxwell declined to testify.

via The Guardian|

#doj #epstein #lutnick

business8 months ago•3 min saved

Taiwan refutes U.S. plan to relocate nearly half its chip supply chain

Taiwan’s top trade official called Washington’s bid to move 40% of the island’s semiconductor supply chain to the U.S. 'impossible,' arguing the mature ecosystem cannot be relocated. The stance comes as Taiwan and its chip giant TSMC continue expanding in the U.S. under CHIPS Act incentives, despite analysts’ view that relocating such a complex supply chain is impractical due to costs, labor constraints, and geopolitical considerations like the Silicon Shield.

via CNBC|

#business #lutnick #onshoring

politics8 months ago•8 min saved

Lutnick under bipartisan pressure over Epstein ties as investigations heat up

Commerce Secretary Howard Lutnick faces bipartisan calls to resign after newly released DOJ files suggest ongoing interactions with Jeffrey Epstein, contradicting prior statements; Ghislaine Maxwell invokes the Fifth in a House deposition tied to the Epstein probe. The day also includes Venezuela energy briefings and DHS funding talks as Congress negotiates a potential shutdown.

via Politico|

#epstein #lutnick #maxwell

politics8 months ago•3 min saved

Lutnick Linked to Epstein Island Visit in 2012 Documents

New DOJ-released Epstein files show Howard Lutnick, then-CEO of Cantor Fitzgerald and Trump’s commerce secretary, arranged a 2012 trip that involved Epstein’s island and included emails about meeting him, with later notes suggesting Epstein was invited to a 2015 Hillary Clinton fundraiser; Lutnick says he spent zero time with Epstein and has described him as a neighbor; the Commerce Department did not comment.

via The Guardian|

#cantor-fitzgerald #doj-files #epstein