Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.

Scott Bessent bested Howard Lutnick in a protracted fight to become Donald Trump’s nominee for Treasury secretary. But Mr. Lutnick’s consolation prize, commerce, may be the real trophy.

President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.

Trump’s pick to lead the Central Intelligence Agency is John Ratcliffe, who formerly served as Director of National Intelligence in Trump’s first term. His confirmation hearing took place last week, during which he repeatedly said he would not hire or fire employees based on their political views.

DEI — As the administration unwinds diversity initiatives at federal agencies, Big Banks “are in the crosshairs of right-leaning activist groups privately pushing them to abandon or shrink their diversity, equity and inclusion efforts,” per The WSJ’s AnnaMaria Andriotis Follow and Alexander Saeedy.

President Donald Trump is speaking remotely Thursday to an international audience of business leaders, politicians and other elites at the World Economic Forum’s annual event in Davos, Switzerland. After his speech,

President-elect Donald Trump (R) announced author, lawyer, and 2024 presidential candidate Robert F. Kennedy Jr. as his nominee for secretary of health and human services on November 14, 2024. This presidential appointment requires Senate confirmation. The ...

President-elect Donald Trump (R) announced South Dakota Governor Kristi Noem (R) as his nominee for secretary of homeland security on November 12, 2024. This presidential appointment requires Senate confirmation. The Senate Committee on Homeland Security ...

The Senate has confirmed Marco Rubio as secretary of state, giving President Donald Trump the first member of his Cabinet. The vote was unanimous.

Billionaires, foreign leaders, Cabinet picks, governors and lawmakers have converged on the president-elect’s Palm Beach estate.

A slate of President Trump’s Cabinet nominees have appeared before senators in recent days for key hearings on their road to confirmation. Sen. Marco Rubio (R-Fla.) was the first to be confirmed,

Republicans and Democrats were in talks to reach an agreement to allow swift confirmation of Marco Rubio as Donald Trump's secretary of state.