President Trump’s executive order on retirement benefits is a meaningful shift in how Americans might be allowed to invest their long-term savings. At its core, the order aims to expand the universe of investment options available within retirement accounts, especially those tied to employer-sponsored plans. Traditionally, these plans have been limited to relatively straightforward, regulated…
Howard Lutnick for Commerce Secretary: A Wall Street Powerhouse or a Risky Bet?
President-elect Donald Trump's nomination of Howard Lutnick, CEO of Cantor Fitzgerald, as Commerce Secretary has certainly stirred the pot. Lutnick's journey from personal tragedy to business triumph is nothing short of inspiring. He lost 658 employees, including his brother, in the 9/11 attacks but managed to rebuild his firm, demonstrating resilience and determination. Lutnick's extensive…