Commerce Secretary Lutnick Urges Public to Buy Tesla Stock, Violating Ethics Rulestimeline_event

regulatory-capturecorporate-influencetrump-administrationethics-violation
2025-03-20 · 1 min read · Edit on Pyrite

type: timeline_event

In an unprecedented move, Commerce Secretary Howard Lutnick publicly recommended buying Tesla stock during a Fox News appearance on March 20, 2025, raising significant ethical concerns. Lutnick stated 'It'll never be this cheap again,' directly contradicting federal ethics guidelines that prohibit government officials from endorsing specific stocks. Representative Gerry Connolly subsequently called for an investigation into Lutnick's comments.