Commerce Secretary Howard Lutnick prompted controversy by promoting Tesla stock during an appearance on Fox News. Praising Elon Musk as a leading entrepreneur, Lutnick advised viewers to invest in Tesla at what he considers a low price point, equating it to a unique investment opportunity. His endorsement stirred allegations of corruption, drawing parallels to previous incidents involving Trump administration members promoting personal business interests. Critics question whether Lutnick's comments breach ethical standards, especially if he holds shares in Tesla himself, highlighting ongoing concerns about political influence in corporate investments.
You probably have the best entrepreneur, the best technologist, best leader of any set of companies in America, working for America, and you have this sort of weird side of the Democratic Party attacking him.
I think if you want to learn something on this show tonight, buy Tesla! It's unbelievable that this guy's stock is this cheap, it'll never be this cheap again.
When Kellyanne Conway encouraged Fox viewers to buy Ivanka Trump's clothing line, the top Oversight REPUBLICAN called it wrong and asked the U.S. Office of Government Ethics to look into it.
If this cabinet secretary himself owns any of the stock he's touting on TV, he's probably committed a serious ethics offense.
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