Howard Lutnick heckled at World Economic Forum dinner

Howard Lutnick heckled at World Economic Forum dinner


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US commerce secretary Howard Lutnick was heckled at a World Economic Forum dinner in Davos hosted by BlackRock’s Larry Fink, according to people at the event.

The gathering on Tuesday night descended into uproar after combative remarks from Lutnick, the people said, with widespread jeering, some guests walking out and appeals for calm from Fink, head of the world’s largest asset manager and interim co-chair of WEF.

Lutnick had earlier on Tuesday written an op-ed for the FT in which he said: “We’re not going to Davos to uphold the status quo. We’re going to confront it head on.”

He also wrote: “We are here at Davos to make one thing crystal clear: With President Trump, capitalism has a new sheriff in town.”

US and EU relations are at a low ebb after the US president threatened to impose new tariffs on certain European countries if he is not allowed to “acquire” Greenland.

The commerce department and WEF did not immediately respond to a request for comment.

This is a developing story.

Reporting by Tom Braithwaite, Arash Massoudi, Ortenca Aliaj, Mercedes Ruehl and Stephen Morris


www.ft.com
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