Overview
- Tilman Fertitta, nominated as U.S. Ambassador to Italy and San Marino by President Donald Trump, awaits a Senate confirmation hearing with no date set.
- Fertitta has formally committed to resigning as CEO of Landry's, Inc. and chair of the University of Houston System Board of Regents if confirmed.
- Ethics filings reveal Fertitta's financial holdings of at least $279 million and liabilities exceeding $540 million, alongside his decision to forfeit severance payments from Fertitta Entertainment, LLC.
- He will retain passive ownership of the Houston Rockets but will recuse himself from any matters involving the NBA to avoid conflicts of interest.
- Fertitta's longstanding ties to Trump, including a prior business relationship, and his role as a major Republican donor underscore the political dynamics of his nomination.