In a time of great economic uncertainty, US President Donald Trumpâs administration quietly took a step recently that could create even more: Secretary of commerce Howard Lutnick disbanded the Federal Economic Statistics Advisory Committee (FESAC). Shutting down an obscure statistical advisory panel may not strike anyone as a scandal, much less an outrage. But as…
Although these are early days in the negotiations for a multi-sectoral bilateral trade agreement (BTA) between India and the US, the final outcome is already being envisaged as the âmother of all dealsâ and a âgrand trade deal.â Both countries are expected to negotiate hard for finalizing an agreement that maximizes benefits for their respective…
WASHINGTON â The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Donald Trump’s hardline trade polices. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running the census…
