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.

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)

WASHINGTON (Reuters) -President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl, while vowing to slow China's advancement in artificial intelligence.

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.

"Does Cantor Fitzgerald own bitcoin? A shedload of bitcoin ... Witkoff did not respond to requests for comment. ERIC TRUMP, DONALD TRUMP JR., BARRON TRUMP Eric Trump told Reuters last year he was very involved in World Liberty, which he, his elder ...

BEIJING, Jan 21 (Reuters) - U.S. President Donald Trump's picks for senior posts in his administration ... Trump's Commerce Secretary pick is the CEO of Wall Street brokerage firm Cantor Fitzgerald and an outspoken advocate of tariffs.

Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, offered a detailed defense of tariffs in his confirmation hearing, the clearest signal yet from a cabinet pick that the new administration is prepared to impose the levies on allies and adversaries alike.

Howard Lutnick, Trump’s pick for Commerce Department head, told senators Wednesday he'll crack down on those who treat the U.S. “horribly.”

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.

Lee Zeldin, a former state senator who also represented the 1st Congressional District, is now the head of the Environmental Protection Agency for President Donald Trump. Not since William Casey of Roslyn Harbor served six years as director of the CIA in the Reagan administration has a Long Islander served in a presidential cabinet.