Overview

• Lutnick publicly endorsed Tesla stock during a television appearance, drawing criticism due to his family's significant financial holdings in the company.
• Ethics watchdogs allege Lutnick violated federal rules prohibiting officials from endorsing private enterprises while in office.
• Wall Street executives have urged President Trump to limit Lutnick's media appearances, citing concerns over his economic messaging and frequent preemption of White House announcements.
• Lutnick has privately expressed dissatisfaction with Trump's tariff policies, fearing they may hinder upcoming USMCA trade negotiations with Canada and Mexico.
• Critics accuse Lutnick of failing to fully divest from his business interests, raising broader concerns about conflicts of interest within the administration.