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President Donald Trump The candidate of the Minister of Commerce, billionaire Howard Lottenic, says he will sell all his commercial interests if he is confirmed to prevent any conflict of interests.
Howard Lottenic witnesses during the Senate Committee on Trade and Sciences and emphasizing transportation on January 29, 2025, in Washington, DC, (Kayla Bartkowski/Getty Images)
“My plan is to serve the American people only. So I will renew – this means that I will sell all my interests, all the interests of my work, all Adwani, everything,” Lottenic, CEO of the company Investment Company Cantor Fitzgeral said during the confirmation session on Wednesday before the Senate Committee for Trade, Science and Transport.
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And he told Committee. “So I should not have any commercial interests, and therefore there is no conflict of interests.”
Howard Lootnick pledged to strip all his business holdings within 90 days if he was confirmed to lead the Ministry of Commerce. (Christopher Judney / Bloomberg via Getty Embron / photos)
Lutnick’s pledge will not be a small achievement to implement it. The Associated Press noted that his financial disclosure shows that he has positions in more than 800 companies and other private entities.
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Lutnick, 63, joined the Cantor Fitzgerarald Fresh outside the college and led the company since 1991. But he said that it was time to pass the stick if confirmed to lead Trade Management.
Donald Trump, then Republican presidential candidate, and CEO of Cantor Fitzgerald Howard Lootnik annual day of charity hosted by Cantor Fitzgerald on September 12, 2016, in New York City.
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“I made a decision that I made enough money in my life. I can take care of myself. I can take care of my family.” Thus, when confirming, my work will be for sale and someone else will lead them forward. “
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