Tag

Howard Lutnick

All articles tagged with #howard lutnick

politics2 days 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.

Lutnick’s Davos Dinner Ends in Jeers as Trump Echoes Spark Tensions
politics1 month 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.

Lutnick’s pro-Trump capitalism stance roils Davos dinner
world1 month 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.

Howard Lutnick Labels Jeffrey Epstein the 'Greatest Blackmailer Ever'
world5 months 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.

Lutnick: U.S.-China Tariffs Remain Unchanged for Now
business8 months ago

Lutnick: U.S.-China Tariffs Remain Unchanged for Now

Howard Lutnick discusses the recent US-China trade negotiations, highlighting a mutual 'annoyance' strategy where both sides use tariffs and export restrictions as leverage. He notes that President Trump opted for a positive approach, leading to an agreement that includes China approving US rare-earth magnet licenses and the US easing some export restrictions, while maintaining high tariffs. Lutnick emphasizes the US's strong bargaining position and the administration's focus on securing better trade deals to open markets and reduce the trade deficit.

Cantor Fitzgerald Settles SEC Charges Amid Trump Nominee Controversy
business1 year ago

Cantor Fitzgerald Settles SEC Charges Amid Trump Nominee Controversy

The SEC has charged Cantor Fitzgerald with misleading SPAC investors, resulting in a $6.75 million penalty. The firm, led by Howard Lutnick, who is nominated by President-elect Trump for Commerce Secretary, allegedly engaged in undisclosed merger discussions before IPOs. The case highlights potential regulatory leniency under a GOP-controlled SEC, as dissenting Commissioner Mark Uyeda argued the omissions were not material.

Cantor Fitzgerald Settles SEC Charges for $6.75M Over SPAC Misconduct
business1 year ago

Cantor Fitzgerald Settles SEC Charges for $6.75M Over SPAC Misconduct

The SEC has charged Cantor Fitzgerald with violating securities laws related to regulatory disclosures by SPACs, resulting in a $6.75 million settlement. The charges involve misleading investors about merger discussions before SPAC IPOs. Howard Lutnick, Cantor's CEO and Trump's Commerce Secretary nominee, is implicated, raising questions about the Trump transition team's awareness of the investigation. Cantor did not admit or deny the charges, and no investors were reportedly harmed.

Cantor Fitzgerald Settles SEC SPAC Charges for $6.75 Million
business1 year ago

Cantor Fitzgerald Settles SEC SPAC Charges for $6.75 Million

Cantor Fitzgerald, led by Howard Lutnick, has agreed to pay a $6.75 million penalty to the SEC for allegedly misleading investors about discussions with potential merger targets for its special purpose acquisition companies (Spacs) before their public offerings. The SEC claimed Cantor had substantive talks with companies like View and Satellogic, contrary to its public disclosures. Cantor settled without admitting liability, stating no investor was harmed. This case is part of the SEC's broader scrutiny of Spacs under outgoing chair Gary Gensler.