Watch live: Lutnick testifies before Senate on Commerce Department budget
Summary
Commerce Secretary Howard Lutnick is set to testify before a Senate committee about President Trump’s budget plan for 2027. He will also discuss the effects of a recent Supreme Court decision that invalidated most of President Trump’s emergency import taxes.Key Facts
- Howard Lutnick is the Commerce Secretary.
- Lutnick will appear before the Senate Appropriations Committee.
- The testimony focuses on President Trump’s fiscal year 2027 budget request.
- The Supreme Court ruled against most of President Trump’s emergency import taxes in February.
- These import taxes were intended to encourage investment in the U.S.
- The Senate hearing will cover the budget and consequences of the court’s decision.
- The event is scheduled for Wednesday morning.
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