Tag Archives: Howard Lutnick

CNN reports: The National Weather Service is in worse shape than previously known, according to interviews with current and former meteorologists, due to a combination of layoffs, early retirements and preexisting vacancies. The nation’s forecasting agency is in tatters as what could be a destructive hurricane season nears. Several current and former agency meteorologists told CNN they are concerned forecasts …

The Hill reports: Probationary workers who were re-fired this month from the Commerce Department say their health insurance is being terminated earlier than they expected. The workers had expected their health insurance to run into May. Instead, they received notices this week that the department is backdating their termination to an earlier date, meaning the health insurance ran out last …

The New York Times reports: Members of Elon Musk’s government-slashing task force are building a system for the United States to sell special immigration visas, which President Trump has labeled “gold cards,” for $5 million apiece. Engineers associated with Mr. Musk’s team have been working with employees from the State Department, DHS, and United States Citizenship and Immigration Services to …

ABC News reports: Commerce Secretary Howard Lutnick said Sunday that the administration’s decision Friday night to exempt a range of electronic devices from tariffs implemented earlier this month was only a temporary reprieve, with the secretary announcing that those items would be subject to “semiconductor tariffs” that will likely come in “a month or two.” “All those products are going …

Politico reports: President Donald Trump this week upended not just his tariff strategy but his trade team. Former hedge fund manager and Treasury Secretary Scott Bessent — the White House’s main conduit to beleaguered financial markets — is now at the helm, with populist Peter Navarro relegated to the sidelines and Wall Street punching bag Howard Lutnick recast into the …

Axios reports: The Trump administration is pulling nearly $4 million in funding from Princeton University, the U.S. Department of Commerce announced Tuesday. The cuts come days after the administration already paused dozens of Princeton’s research grants following similar federal funding reviews or revocations at other Ivy League schools like Columbia and Harvard. The Department of Commerce said awards, including those …

Mediaite reports: CBS anchor Margaret Brennan challenged Trump Commerce Secretary Howard Lutnick over how the Trump administration’s sweeping new tariff policy targeted remote territories such as the Heard and McDonald Islands on Sunday. She asked Lutnick, “Like, why are the Heard and McDonald Islands, which don’t export to the United States and are quite literally inhabited by penguins, why do …

Axios reports: The early cancellation of an Amazon Web Services contract means that a slew of NOAA websites are slated to go dark beginning at midnight, sources told Axios. This mainly would affect NOAA’s research division, and will make numerous websites and data sets inaccessible to the public. It’s another example of how the administration has been taking data offline …

Axios reports: A Commerce Department requirement to have Secretary Howard Lutnick approve many NOAA contracts or extensions is slowing the agency’s operations to a crawl, current and former NOAA staff tell Axios. Six current and former NOAA staff described dozens of contracts currently awaiting Lutnick’s sign-off. As severe thunderstorms rumbled along the East Coast on Monday, the National Weather Service …

“Let’s say Social Security didn’t send out their checks this month. My mother-in-law, who’s 94, she wouldn’t call and complain. She just wouldn’t. She’d think something got messed up and she’ll get it next month. A fraudster always makes the loudest noise, screaming, yelling and complaining. Anybody who’s been in the payment system and the process system knows the easiest …

“I think the commerce secretary was reiterating that the president supports an American-made company like Tesla, who produces a very good product for the American people, which was beloved by the American people — particularly Democrats — until Elon Musk decided to vote for Donald Trump. And now we’ve seen despicable and unacceptable violence taking place across our country at …

Elektrek reports: Trump’s US Commerce Secretary, Howard Lutnick, who indirectly owns Tesla (TSLA) stocks through his firm, has publicly recommended buying Tesla stocks today. This is likely the first time that a sitting US Commerce Secretary publicly recommends to buy a specific stock. After Trump won the election last year with the help of a $250 million political donation from …

“Think about it. The biggest trading partner in the whole world that is vital to Canada’s existence says, ‘I’m unhappy,”’and they respond negatively, you know why? Because for 20 years, 30 years, they’ve gotten away with it. “It’s like Ukraine. Imagine coming into this country, sitting in the Oval Office, having received $300 billion in aid from U.S. and military …

HOWARD LUTNICK: “When you’re negotiating with someone and they’re not paying attention, and they are disagreeing, the president – who’s the best dealmaker ever to sit in that chair – is going to say, ‘Here’s my response.’ And then all of a sudden, shockingly, they respond.” CBS NEWS: “Will these policies be worth it if they lead to a recession, …

The CBC reports: Ontario is suspending its promise to add a 25 per cent surcharge on exports of electricity to some U.S. states, Premier Doug Ford said Tuesday afternoon. The move comes after Ford and U.S. Secretary of Commerce Howard Lutnick had a “productive conversation about the economic relationship between the United States and Canada,” Ford said in a joint …

“Anybody who bets against Donald Trump – it’s like the same people who thought Donald Trump wasn’t a winner a year ago – Donald Trump is a winner. He’s going to win for the American people. That’s just the way it’s going to be. There’s going to be no recession in America. “We’ll unleash America out to the world. Grow …

The New York Times reports: In an interview on Fox News on Sunday, Howard Lutnick, the commerce secretary, suggested that he planned to change the way the government reports data on gross domestic product in order to remove the impact of government spending. “You know that governments historically have messed with G.D.P.,” he said. “They count government spending as part …

The Guardian reports: Donald Trump’s commerce secretary, Howard Lutnick, said on Sunday that US tariffs on Canada and Mexico will go into effect on Tuesday, but the president would determine whether to stick with the planned 25% level. “That is a fluid situation,” Lutnick said. “There are going to be tariffs on Tuesday on Mexico and Canada. Exactly what they are, …

The Associated Press reports: Hundreds of weather forecasters and other federal National Oceanic and Atmospheric Administration employees on probationary status were fired Thursday, lawmakers and weather experts said. Federal workers who were not let go said the afternoon layoffs included meteorologists who do crucial local forecasts in National Weather Service offices across the country. Cuts at NOAA appeared to be …

The Hill reports: Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of reprisal, said the agency had not yet been subjected to the steep cuts announced elsewhere due to the then-pending confirmation of Commerce Secretary Howard Lutnick. …