Wall Street Journal

Howard Lutnick Is Confirmed as Commerce Secretary

The Senate voted 51-45 to confirm Howard Lutnick as commerce secretary, putting in place a billionaire Wall Street veteran turned avowed protectionist to lead the president’s global trade agenda. The former chief executive of Cantor Fitzgerald, a financial services firm, ran the personnel operation for Trump’s presidential transition. Lutnick, age 63, took the reins at Cantor in 1991. He stepped down following the confirmation vote. President Trump has said the secretary will lead the second-term trade portfolio as well as oversee an agency of roughly 47,000 employees.

Musk’s X Agrees to Pay About $10 Million to Settle Trump Lawsuit

Elon Musk’s X has agreed to pay about $10 million to settle a lawsuit that President Donald Trump brought against the company and its former chief executive. The agreement makes X the second social-media platform to settle litigation that Trump filed when the companies deplatformed him over his role in the Jan. 6, 2021 riot at the U.S. Capitol.