Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he ...

The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...

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

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

US President Donald Trump signs an executive order to create a sovereign wealth fund with Scott Bessent, US Treasury ...

President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can ...

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Trump also signed five designations for special envoys -- including Steve Witkoff, Ric Grenell and Mark Burnett. He also ...

President Donald Trump signed an executive action he said would direct officials to create a sovereign wealth fund for the US ...

The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within ...