howard lutnick

The Trump administration's 'Gold Card' visa program, offering US residency for a $1 million fee, has approved only one applicant to date. Commerce Secretary howard lutnick stated hundreds more are under review, with all applicants undergoing extensive vetting and paying a $15,000 processing fee. The initiative aims to attract wealthy and skilled individuals to the US.

US Commerce Secretary howard lutnick stated that Nvidia's H200 AI chips have not yet been sold to China, attributing the delay to Beijing's efforts to boost its domestic industry. Despite earlier Trump administration approval, China's central government is reportedly blocking purchases to encourage investment in homegrown alternatives, such as those from Huawei.

US lawmakers express concern over Elon Musk's Starlink potentially failing to meet broadband program commitments. Democrats are questioning if Starlink can adhere to grant conditions after requesting modifications. The government insists on mandatory standards for the program. This situation could impact millions of underserved families relying on the service.

US President Trump is reportedly considering a significant Cabinet reshuffle amid growing concerns over the Iran war's political fallout and rising fuel prices. Frustration over falling approval ratings and midterm election anxieties are fueling discussions about replacing senior officials, including intelligence chief Tulsi Gabbard and commerce secretary howard lutnick. The administration faces pressure to project strength and address economic worries.

Universities nationwide are re-evaluating donor legacies, particularly those linked to Jeffrey Epstein. Protests at Ohio State and Harvard demand the removal of Les Wexner's name from campus buildings due to his past association with Epstein. This growing pressure forces institutions to balance philanthropic contributions with evolving public standards and survivor experiences.

Iran's Revolutionary Guard has issued a chilling video threat to bomb the massive Stargate AI data center in Abu Dhabi, a $30 billion project backed by US tech giants like Nvidia and OpenAI. This move signals a potential shift towards targeting high-value Western tech assets in the Gulf amidst escalating regional tensions, highlighting the growing vulnerability of digital infrastructure.

US senators are demanding Nvidia's export licenses for advanced AI chips to China be suspended following a major smuggling scandal. Citing "potentially misleading" assurances from Nvidia CEO Jensen Huang, they argue the company's monitoring is inadequate. The senators want a ban on sales to intermediaries in several Southeast Asian nations, highlighting national security concerns.

SoftBank is investing a colossal $500 billion into a single AI data center campus in Ohio, potentially the largest construction project in US history. Part of the 'Stargate' venture, this massive facility aims to power millions of homes and is seen as crucial in the AI race with China. Initial costs are estimated between $30-40 billion.

Lutnick gained national attention when 658 of his employees and his brother died in the 2001 World Trade Center attack. He rebuilt Cantor Fitzgerald almost from ashes. 63-year-old Lutnick had been in the running to be Treasury secretary but Donald Trump reportedly soured on him due to infighting between Lutnick and other prominent candidates for the job, including financier Scott Bessent.

Trump is buying his favourite shoes for close aides, and that’s apparently why Rubio wore shoes two sizes too big and went viral

Apple CEO Tim Cook told Commerce Secretary howard lutnick that advanced robotics are essential for bringing iPhone manufacturing to the U.S. Amid tariff concerns, Apple secured a temporary exemption, aiding stock recovery. While diversifying production to India, challenges persist with Chinese export approvals, framing this shift as part of an AI-driven industrial revolution with high-paying technician jobs.

Global tech magnate Nikesh Arora, CEO of Palo Alto Networks, is reportedly celebrating his daughter Ayesha Arora's wedding in Jodhpur. The event has garnered significant attention, with notable guests like US Commerce Secretary howard lutnick in attendance. Arora, a prominent Indian-origin executive with a net worth of $1.3 billion, has a distinguished career spanning Google, T-Mobile, and SoftBank.

The Trump administration is pushing Taiwan to shift semiconductor production to the US, aiming for a 50-50 split in manufacturing. Commerce Secretary howard lutnick stated this strategy seeks to reduce American reliance on Taiwan, citing security concerns due to its proximity to China. Lutnick also dismissed the "Silicon Shield" theory, suggesting balanced production would better secure Taiwan.

Newly released Justice Department documents reveal Commerce Secretary howard lutnick planned a 2012 visit to Jeffrey Epstein's private island, years after claiming to have severed ties. Lutnick inquired about visiting Epstein's island for a meal with his family and another family. The documents also indicate continued contact and shared interests between Lutnick and Epstein in later years.

Taiwan's Vice Premier has firmly stated that relocating 40% of the island's semiconductor capacity to the US is "impossible." While Taiwan is open to expanding its presence and sharing expertise in the US, its core semiconductor ecosystem will remain firmly rooted and continue to grow domestically. This response counters recent US calls for a significant shift in chip production.

President-elect Donald Trump has nominated howard lutnick, CEO of Cantor Fitzgerald, for commerce secretary. Lutnick, a longtime Trump supporter, is expected to leverage his Wall Street connections to bolster American manufacturing and potentially cryptocurrency. If confirmed, he would also play a key role in navigating US-China tech competition, particularly regarding semiconductor technology.