News with the tag "Commerce Secretary"

Howard Lutnick, the former CEO of Cantor Fitzgerald and a vocal proponent of Bitcoin, has been confirmed as the United States Secretary of Commerce. With a tight 51-45 vote, the Senate confirmed his appointment, putting him in charge of a department that oversees critical economic areas such as trad...

The Senate Commerce, Science, and Transportation Committee advanced the candidacy of Howard Lutnick , a crypto proponent and billionaire entrepreneur, to the position of Commerce secretary by a vote of 16–12. America’s technological and financial scene undergoes a radical change and a wealthy man wi...

Howard Lutnick, U.S. Commerce Secretary nominee , has denied any firm connection to USDT stablecoin issuer Tether , addressing concerns raised by Democratic Senator Elizabeth Warren . Lutnick, who is also the CEO of Cantor Fitzgerald , emphasized that dollar-backed stablecoins should undergo thoroug...

Trump Nominates Howard Lutnick as Commerce Secretary President-elect Donald Trump has selected Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, as his nominee for Commerce Secretary, according to The New York Times. A key advisor during Trump’s campaign, Lutnick is a proponent of ta...

The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether.

The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.