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The Latest Breaking News from Commerce

Donald Trump has tabbed Howard Lutnick to be the next secretary of the Department of Commerce. He should also be the last.

Reason

Bitcoin Hits $94K On CoinGecko For The First Time

Bitcoin had a good run Tuesday amid multiple positive developments around the world's largest cryptocurrency, including optimistic remnants associated with Donald Trump's win and continuing interest in corporate Bitcoin strategies.

International Business Times

Trump To Announce Treasury Secretary Pick Tomorrow

President-elect Trump is finalizing his choice for Treasury Secretary after delays. Howard Lutnick's nomination for Commerce Secretary has cleared the way ...

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Linda Mcmahon Expected To Be Named Education Secretary

President-elect Trump's transition team considers Linda McMahon for Education Secretary after Commerce Secretary position is filled.

Top News

Trump Announces Cabinet Picks For Commerce And Healthcare Positions

President-elect Trump's transition progress includes key appointments in commerce, healthcare, and confirmation facilitation.

Top News

Trump Names China Hawk Howard Lutnick As US Commerce Secretary

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration.

International Business Times

Howard Lutnick Named Commerce Secretary By President-Elect Trump

President-elect Trump nominates Howard Lutnick as Commerce secretary, signaling focus on trade policies.

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Trump taps billionaire crypto booster Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary

Scott Bessent, Key Square Capital CEO, is considered front-runner for the Treasury spot.

Fortune

Trump To Nominate Howard Lutnick Lead Commerce Department: Reports

The Wall Street financier had been in the running for Treasury secretary.

International Business Times

Howard Lutnick Likely To Be Nominated As Secretary Of Commerce

President-elect Trump considers Cantor Fitzgerald CEO Howard Lutnick for secretary of Commerce, highlighting focus on business and economic issues.

Top News

Lutnick tapped to lead Commerce Department under Trump 2.0 - Roll Call

President-elect Donald Trump chose billionaire Howard Lutnick, co-chair of his transition team, to lead the Commerce Department.

Roll Call

Elon Musk’s bromance with Donald Trump isn’t going down that well in MAGAworld anymore

ANALYSIS: He may have reached ‘uncle status’ with Trump’s granddaughter Kai, but Musk has already started to fall out with the people surrounding the president-elect. That hasn’t stopped him continuing to push to influence Cabinet picks, John Bowden reports

The Independent UK

Commerce Department finalizes $6.6 billion in chips subsidies for TSMC

Only about 10% of the world’s semiconductors are manufactured in the U.S.

Fortune

3 Stocks to Buy in the Booming E-Commerce Sector

Owing to advancements in technologies, surging cross-border trade opportunities, and shifting consumer preference for convenience, the e-commerce sector is booming. Thus, fundamentally sound e-commerce stocks such as Amazon.com (AMZN), Alibaba Group Holding (BABA), and eBay (EBAY) could be attractive buys for now. Continue reading.

StockNews.com

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TechRadar

Huawei is dodging advanced chip sanctions through suppliers, claims US Select Committee

Commerce Secretary told that US regulations should be tighter to prevent Huawei and others from accessing chips.

Top News

Biden-Harris Administration Invests 0M In Wolfspeed For Chip Manufacturing

Biden-Harris administration allocates 0 million to Wolfspeed for silicon carbide technology, boosting U.S. manufacturing capabilities.

Reason

The Appointments Clause Goes Fishing

A successful appointments clause challenge to Regional Fishery Management Councils. (Updated to fix block quotes)

International Business Times

China Says Raised 'Serious Concerns' With US Over Trade Curbs

The United States and China on Tuesday raised concerns about trade between the world's two biggest economies, with China's commerce minister urging Washington to lift sanctions on his country's firms "as soon as possible".

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Reason

Commerce Department Bans Chinese Car Components

Commerce Secretary Raimondo insists the rule "is a strictly national security action."

TechRadar

Citing security concerns, the US is now looking to ban Chinese and Russian-made vehicles

The U.S. Department of Commerce has proposed a ban on electric vehicles from China and Russia amid concerns regarding citizen privacy and national security.

Top News

Commerce Department Seeks Ban On Chinese And Russian Vehicle Tech

Commerce Department plans to ban Chinese and Russian software and hardware in U.S. connected vehicles for national security reasons.

Top News

US Commerce Department Proposes Ban On Chinese, Russian Smart Vehicle Tech

US Commerce Department proposes ban on smart vehicles using Chinese or Russian technology over national security concerns. Effort to secure US-China comput...

The Independent UK

Ban sought for Chinese, Russian software and hardware used in autonomous vehicles on US roads

A ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware is being sought by the U.S. Commerce Department, with the stated goal of protecting national security and U.S. drivers

InsideEVs

U.S. Aims To Ban Cars With Software, Hardware Links To China

Forget tariffs on EVs. Proposed new U.S. Commerce Department rules would ban cars with digital links to China from 2027 onward.

International Business Times

US Set To Announce Planned Ban On Chinese Vehicle Technology: Report

The Commerce Department is expected to unveil the proposed prohibitions on Monday, following an investigation ordered by President Joe Biden.

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