Howard Lutnick

2 posts

Indian Entrepreneur@indianentrepreneur

At a White House meeting, Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over the government's continued delay in blacklisting Megaspeed.

The company is accused of illegally routing US-made AI chips to China.

Bessent confronts Lutnick over delay in blacklisting Megaspeed accused of helping China
US Politics Daily@uspoliticsdaily

Democrats take control of Congress in January, gaining subpoena power. President Trump's energy dealmaking, from Venezuelan oil to critical minerals, is expected to be a key target.

Democrats have already raised doubts about the legal footing of a Pentagon stake in an oil firm meant to develop Venezuelan reserves. Several minerals deals involve Cantor Fitzgerald, a firm once run by Commerce Secretary Howard Lutnick.

They will also press the administration over nearly $8 billion in canceled energy projects in states that backed Kamala Harris in 2024.

Trump's energy deals are about to face a wave of investigations by Democrats