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Trump's incoming administration is marked by hawkish appointments, yet there are signs of a more accommodating approach towards China, influenced by business interests. Despite ambitions to broker peace globally, challenges such as escalating conflicts in Ukraine and Israel's military actions complicate his peacemaking goals. The evolving international landscape may hinder Trump's ability to leverage negotiations effectively, raising questions about his capacity to fulfill his promises of ending wars and making significant deals.
Howard Lutnick, CEO of Cantor Fitzgerald LP, plans to step down from his businesses and divest his interests in BGC Group Inc. and Newmark Group Inc. if confirmed as commerce secretary in Donald Trump's administration. He intends to retain his shares rather than sell them on the open market.
Elon Musk has endorsed Howard Lutnick, Trump’s transition co-chair, for Treasury secretary, stating he will “actually enact change.” Musk criticized Scott Bessent, another candidate, as a “business-as-usual choice” that could lead to further economic decline. Trump’s team has yet to finalize the Treasury position, with both Lutnick and Bessent having strong ties to the president-elect.
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trump faces complex foreign policy challenges in second presidency
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18:00 24.11.2024
lutnick to divest interests in bgc and newmark if confirmed as commerce secretary
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Elon Musk endorses Howard Lutnick for Treasury secretary in Trump's administration
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21:33 16.11.2024
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