Watch live: Lutnick testifies before House on fiscal 2027 budget request (opens in new tab)

Commerce Secretary Howard Lutnick will testify before the House Appropriations Committee on Thursday morning on President Trump’s fiscal 2027 budget request. The White House is requesting $9.2 billion in discretionary budget authority for the Commerce Department — a $1.3 billion decrease from 2026 levels, including cuts to climate research grants and other programs deemed “wasteful.” The hearing comes just...