Fox Information Digital’s Brooke Singman talks with Trump transition co-chair Howard Lutnick, who says Wall Road leaders help Trump.
EXCLUSIVE: Howard Lutnick, the co-chair of the Trump transition workforce and the CEO of economic providers firm Cantor Fitzgerald, instructed Fox Information Digital that Wall Road leaders have privately expressed their intent to vote for former President Donald Trump and his “pro-growth” insurance policies.
Lutnick sat for an unique interview with Fox Information Digital on the sidelines of Trump’s historic rally at Madison Sq. Backyard on Sunday.
Lutnick is working the Trump-Vance transition workforce alongside its co-chair, former Trump administration Small Enterprise Administrator Linda McMahon.
Former President Trump appears to be like on throughout a rally at Nassau Veterans Memorial Coliseum, in Uniondale, N.Y., on Wednesday, Sept. 18. (Reuters/Brendan McDermid / Reuters)
HOWARD LUTNICK MAKES THE ARGUMENT FOR A TRUMP ECONOMY: HARRIS ‘WILL LITERALLY KILL’ AMERICAN BUSINESS
“I’ve the wonderful alternative to speak to all people concerning the new authorities and what we’re going to do,” Lutnick instructed Fox Information Digital.
“It’s unbelievable the reception we obtain as a result of a lot of leaders on Wall Road, they don’t need to go on the market and discuss it, as a result of, accurately, they’ve shoppers on either side — that makes good sense,” Lutnick stated. “However privately, they are saying, ‘We’ve bought to elect Donald Trump president. We’ve bought to place his insurance policies in place. We’d like pro-growth insurance policies.’”
Lutnick added: “Donald Trump needs to make America nice once more. Kamala Harris needs to make America Europe — a regulated, regulated, regulated ‘you’ll be able to’t do something’ world.”
Lutnick instructed Fox Information Digital that Trump, and those that help him, together with on Wall Road, need to “embrace greatness.”
“When Donald Trump says, ‘Let’s make America nice once more,’ we need to embrace greatness. We need to embrace our nice corporations. We need to embrace our nice financial system. We need to embrace our nice staff. We need to cease sending manufacturing abroad or to Mexico,” Lutnick instructed Fox Information Digital. “Let’s make use of our individuals right here. Let’s construct nice manufacturing right here. And let’s completely lean on our financial system to make America the best it will probably ever be.”
Howard Lutnick, chairman and chief government officer of Cantor Fitzgerald LP, throughout a Bloomberg Tv interview on the opening day of the World Financial Discussion board (WEF) in Davos, Switzerland, on Tuesday, Jan. 16, 2024. (Getty Photographs / Getty Photographs)
In the meantime, Lutnick instructed Fox Information Digital he had a “lengthy dialogue” with Trump, the place the 2 “discovered how we are able to the funds in the USA of America.”
Lutnick stated he flew right down to Brownsville, Texas, to fulfill with Tesla and SpaceX CEO Elon Musk, the place the 2 mentioned the creation of a authorities effectivity fee.
“We frolicked on the Division of Authorities Effectivity — DOGE,” Lutnick instructed Fox Information Digital. “Collectively, he and I are going to tear the entire extra waste from our $6.5 trillion funds.”
TRUMP VOWS TO CUT BUSINESS TAX RATE TO 15%, CREATE GOVERNMENT EFFICIENCY COMMISSION LED BY ELON MUSK
“DOGE” can be tasked with conducting an entire monetary and efficiency audit of the complete federal authorities and making suggestions for drastic reforms.
Donald Trump at a city corridor occasion in Georgia. (The Faulkner Focus / Fox Information)
Lutnick stated that earlier than Trump, “nobody has ever fearful about waste. Nobody has ever taken a have a look at how a lot cash we spend.”
“We predict we are able to save $1 trillion off of our funds,” Lutnick stated. “There’s a lot waste. The best way we purchase issues within the authorities is outrageous. We simply resolve we wish it, and we simply purchase it. There is no such thing as a bidding course of. They simply purchase it from the identical individuals repeatedly and once more, and it doesn’t make any sense in any respect.”
He added: “That’s simply not the way in which to do it.”
Lutnick pointed to the Biden-Harris administration’s disastrous withdrawal from Afghanistan, saying the U.S. army “left $80 billion price of kit behind.”
ELON MUSK COMES OUT IN SUPPORT OF TRUMP IN ‘DARK GOTHIC MAGA’ AT MADISON SQUARE GARDEN
“Why? When you left your own home, and I instructed you to depart the entire furnishings behind, and then you definately went to your new home, what can be the very first thing you’d want to purchase? Gotta purchase new furnishings,” Lutnick stated. “So, should you simply left your enemy $80 billion price of kit, how a lot do it’s worthwhile to purchase? We have to purchase like $150 billion to battle these unhealthy guys.”
Elon Musk shakes arms with Republican presidential nominee former President Donald Trump backstage throughout a marketing campaign rally on the Butler Farm Present grounds on October 5, 2024, in Butler, Pennsylvania. (Anna Moneymaker/Getty Photographs / Getty Photographs)
However Lutnick stated that is “the army industrial complicated having their approach with us, having us spend our cash in all these wars and all these completely different occasions.”
“And that is why Dick Cheney and Donald J. Trump do not get alongside, as a result of Donald Trump does not need wars,” Lutnick stated. “He does not need to spend this cash. And the army industrial complicated, they love these wars and say, ‘Let’s purchase some extra missiles.’”
Lutnick added: “So, we’ll finish the wars, we’ll finish the spending, and we’ll begin to save the federal government cash.”
CLICK HERE TO GET THE FOX NEWS APP
At Trump’s huge, sold-out rally at New York Metropolis’s Madison Sq. Backyard on Sunday, Lutnick rallied supporters in help of the previous president, as did Musk.
“Your cash is being wasted, and the Division of Authorities Effectivity goes to repair that,” Musk stated. “We’re going to get the federal government off of your again and out of your pocketbook. And America isn’t just going to be nice. America goes to achieve heights it has by no means seen earlier than. The long run goes to be wonderful.”
