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.

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

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.

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,

President Donald Trump's pick to lead the Commerce Department has told US lawmakers that Canada and Mexico can avoid blanket tariffs if they close their borders to fentanyl. "As far as I know, they are acting swiftly, and if they execute it, there will be no tariff," Howard Lutnick said on Wednesday during a confirmation hearing before senators.

Lutnick said Trump's Saturday deadline for imposing 25 per cent tariffs on goods from Canada and Mexico was meant to pressure the two countries to stop the flow of fentanyl into the US

Factbox-Trump's Inner Circle Offers Different Perspectives on Dealing With China By Laurie Chen BEIJING (Reuters) - U.S. President Donald Trump's picks for ... is the CEO of Wall Street brokerage firm Cantor Fitzgerald and an outspoken advocate of tariffs.

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.

The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald Trump's nominee to lead the Commerce Department, the agency that has become a key U.S. tool in its efforts to constrain China's tech sector.

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