Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.

KoBold is part of something called the Disko-Nuussuaq project, a mining effort to drill for minerals along Greenland’s western coast. It has also secured a Mineral Exploration License for Disko Island—which is located off Greenland’s west coast—for the years 2024-30.

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Mr Lutnick has taken aim at Ireland's trade surplus, arguing it has come at the expense of the US. Meanwhile, his firm, Cantor Fitzgerald has a significant presence in Ireland, with offices in Cork, D

Elizabeth Warren has asked Commerce Secretary nominee Howard Lutnick for information about his investment firm Cantor Fitzgerald's dealings with Tether.

Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, said he plans to sell all his assets and business interest if confirmed. Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersNewsom Enlists Magic Johnson,

Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)

Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.

Donald Trump's commerce secretary nominee told his US Senate confirmation hearing on Wednesday he favors 'across-the-board' tariffs targeting countries rather than products, while signaling a hawkish China stance.

Donald Trump's commerce secretary nominee told his US Senate confirmation hearing he favors "across-the-board" tariffs while signaling a hawkish China stance.

CoreCivic, one of several private prison giants that stands to gain from President Donald Trump’s campaign promise to carry out “mass deportations” of undocumented immigrants, wrote a $500,000 check to Trump’s inaugural committee last month.

according to Cantor Fitzgerald analyst Andres Sheppard. "Trump stated that Americans will 'pursue our manifest destiny into the stars, launching American astronauts to plant the Stars and Stripes ...