Commerce Secretary Lutnick urged Fox News viewers to buy Tesla stock as Musk led DOGE
During a March 19, 2025 Fox News appearance, in which he was identified on screen by his official title, Commerce Secretary Howard Lutnick urged viewers to buy Tesla stock as the company's shares slid amid backlash over CEO Elon Musk's role leading the Department of Government Efficiency. Federal ethics rules bar executive-branch officials from using their office or title to endorse a product or company. Within 48 hours, a House Oversight Committee ranking member opened an investigation and the nonpartisan Campaign Legal Center filed a complaint, each citing the same rule.
