Howard Lutnick discusses DOGE creation with Elon Musk

Commerce Secretary Howard Lutnick recently appeared on the All-In podcast to discuss various topics, including his long relationship with former President Donald Trump and the creation of the cryptocurrency Dogecoin (DOGE) with Elon Musk. Lutnick shared insights from his time leading Trump's transition team. He noted a conversation he had with Trump where they discussed balancing the federal budget. Lutnick asked Trump if he would eliminate income tax for those earning less than $150,000 a year if they succeeded in balancing the budget. Trump reportedly agreed, saying it seemed like a great idea. The podcast covered multiple topics, such as U.S. economic policy, immigration strategies like 'Gold Cards,' and improvements to government software. Lutnick also spoke about the importance of tariffs and global trade. The interview provided a glimpse into Lutnick's journey from business to politics and his motivations for supporting Trump. Listeners were treated to a mix of personal anecdotes and policy discussions, making the conversation engaging and informative.