US EditionAckman flags potential conflict of interest over Lutnick’s bond exposure By Investing.com
- Bill Ackman criticized Commerce Secretary Howard Lutnick for alleged conflicts of interest, stating, 'He profits when our economy implodes.'
- Ackman urged Trump for a 90-day pause on tariffs to avoid a global loss of confidence as markets fell sharply.
- Moody's Chief Economist Mark Zandi estimated a 45% chance of a U.S. Recession, saying, 'There does not appear to be a way to avoid it.'
- Lutnick has shifted political support from Hillary Clinton to Donald Trump and hosted fundraising events for him, raising significant amounts for Trump's PAC.
15 Articles
15 Articles
Wall Street big Ackman's attack on Secretary Lutnick on tariffs: “Make money while the economy implodes.” What's behind
The millionaire, a Trump supporter during the election campaign, accused the United States Secretary of Commerce of having a conflict of interest over his former company's investments in long-term bonds
Everybody Hates Howard Lutnick
Until last week, nobody was more despised inside the Trump White House than “special government employee” Elon Musk. But after Musk’s $25 million belly flop in the Wisconsin Supreme Court election punctured his aura of invincibility, that baton passed to Commerce Secretary Howard Lutnick.Lutnick is loathed for two reasons. The first is that he defeated efforts by Treasury Secretary Scott Bessent and National Economic Council chair Kevin Hassett …
Commerce Secretary Howard Lutnick says new tariffs here to stay
Commerce Secretary Howard Lutnick tells "Face the Nation with Margaret Brennan" that the new tariffs announced by President Trump are not going anywhere as they will help "reset the power of the United States of America," calling it a "national security issue."
Billionaire Trump Backer Bill Ackman Skewers Howard Lutnick’s Glaring ‘Conflict of Interest’: ‘He Profits When Our Economy Implodes!’
Bill Ackman took to X this week to skewer Commerce Secretary Howard Lutnick’s Wall Street ties and accuse him of seeking to profit from the economic chaos.
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