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The Latest Breaking News from Howard Lutnick

Cruise lines face new taxes; CLIA fights back

A cruise industry association that counts Royal Caribbean and Carnival as members plans to fight the new fees.

The Street

Trump is reportedly planning a Postal Service takeover. The White House denies any such executive order is in the works

The president is expected to sign an executive order that would fire the governing board of the U.S. Postal Service and leave the agency to the Commerce Department and secretary Howard Lutnick, per reports.

Fortune

President Trump's Busy Schedule For Friday Revealed

President Trump's Friday schedule includes key events like speaking at the Governors Working Session, lunch with Vice President JD Vance, swearing in Comme...

Top News

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Musk waves gifted chainsaw at CPAC

The DOGE head chuckled and growled as he waved around the favorite prop of Argentina's president

Salon

IRS makes a startling change that could impact tax returns

The federal agency has opted to make a drastic decision during a critical time of the year.

The Street

Cruise Stocks Sink After Trump Official Says They'll Be Forced To Pay US Taxes

The international cruise industry took a hit Thursday after new Secretary of Commerce Howard Lutnick announced that cruise lines should start paying U.S. taxes.

International Business Times

TSMC May Acquire Fellow CHIPS Act Beneficiary Intel

Collectively, the two companies were promised more than $14 billion in government grants. Now, one is failing and may be partially acquired by the other.

Reason

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Trump Wants to 'Abolish the IRS,' New Commerce Secretary Says

Commerce Secretary Howard Lutnick revealed another one of the Trump administration's controversial goals: abolishing the Internal Revenue Service (IRS).

Latin Times

Trump official calls Social Security ‘wrong’ as administration lays groundwork for massive cuts

The president and his allies are justifying cuts on allegations of ‘waste’ to pay for his tax plan

The Independent UK

AI safety advocates slam Trump administration’s reported targeting of standards agency

The U.S.’s fledgling AI Safety Institute is reportedly about to be gutted by mass layoffs at the National Institute of Standards and Technology.

Fortune

Cruise Stocks Slide On Tax Crackdown Threat: 'Massive Overreaction'

Several cruise stocks undercut key support levels after a U.S. official said the industry avoids U.S. taxes and warned of a crackdown.

Investors Business Daily

Senate Confirms Howard Lutnick As Commerce Secretary

Howard Lutnick confirmed as commerce secretary supporting Trump's tariffs. Will oversee Commerce Department operations and work on implementing aggressive ...

Top News

Senate Confirms Howard Lutnick As Secretary Of Commerce

Howard Lutnick confirmed as Secretary of Commerce, tasked with overseeing economic activities and promoting American businesses and trade. Senate confirms ...

Top News

US Lawmakers Confirm Howard Lutnick As Commerce Secretary

The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool.

International Business Times

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International Business Times

Senate Confirms Wall Street Billionaire Howard Lutnick As Commerce Secretary

Lutnick's role will be crucial in overseeing President Trump's economic agenda.

Fortune

Cars could soon be more expensive again as tariff-loving Trump warns automakers they’re next come April

The new administration is preparing to bypass Congress and unilaterally increase the 2.5% duty levied on most new light-duty vehicles imported into the United States.

International Business Times

US Lawmakers Due To Confirm Howard Lutnick As Commerce Secretary

The US Senate is expected to confirm Wall Street billionaire Howard Lutnick as commerce secretary Tuesday, a key step towards the rollout of President Donald Trump's "America First" trade policy with tariffs used as a broad negotiation tool.

The Conversation

Grattan on Friday: Albanese and Trump put Australia in holding patterns on election timing and tariffs

When parliamentarians left Canberra on Thursday after the fortnight sitting, federal politics had the air of an uneasy waiting game.

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Roll Call

Senate Finance advances Greer to be US trade representative - Roll Call

Jamieson Greer, the nominee to become U.S. trade representative, received the backing of the Senate Finance Committee on Wednesday.

Top News

Senate Majority Leader Thune Sets Up Confirmation Votes Next Week

Senate Majority Leader Thune faces Democratic opposition in scheduling confirmation votes for nominees.

Salon

Lutnick's crypto ties under scrutiny

Lutnick hasn't committed to recusing himself from a group Trump ordered to develop crypto policies

Top News

Senate Committee Approves Lutnick's Nomination For Commerce Secretary

Senate Commerce Committee approves Howard Lutnick's nomination for commerce secretary with bipartisan support. Stay updated on the confirmation process.

Roll Call

Social policy cuts likely from swath of tech initiatives - Roll Call

Commerce secretary nominee Howard Lutnick may cut tech initiative spending such as semiconductor subsidies or broadband expansion.

Roll Call

Senate panel advances Lutnick for Commerce secretary - Roll Call

The Senate Commerce, Science and Transportation Committee advanced Howard Lutnick’s nomination to lead the Commerce Department.

The Independent UK

Trump orders creation of US sovereign wealth fund, says it could own part of TikTok

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok if he’s successful at finding the company an American buyer

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