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Senate confirms Howard Lutnick as commerce secretary, a key role for Trump’s trade agenda

The US Senate confirmed Howard Lutnick as commerce secretary by a vote of 51-45, a significant move for President Donald Trump's trade agenda.
Lutnick, previously CEO of Cantor Fitzgerald, has pledged to support tariffs as negotiation tools with other countries.
He expressed willingness to use reciprocal tariffs to achieve fair trade, stating, 'We can use tariffs to create reciprocity, fairness, and respect.'
Economists generally view tariffs as counterproductive, as they can lead to consumer cost increases and inflationary pressures, a claim Lutnick dismissed as 'nonsense.

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Democracy Now!

Senate Confirms Billionaire Howard Lutnick as Commerce Secretary, Advances Kash Patel for FBI Chief

The Senate voted 51-45 on Tuesday to confirm billionaire Howard Lutnick as U.S. commerce secretary. Lutnick was the chief executive of the Wall Street firm Cantor Fitzgerald and co-chaired Trump’s 2024 transition team. A financial disclosure form shows he has ties to more than 800 individual firms, many of which stand to benefit from Trump administration policies. Also on Tuesday, the Senate advanced the nomination of Trump’s pick to head the FB…

1 day ago·New York, United States

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Fox Business

Newly-confirmed commerce secretary 'so pumped up' for Trump's economic, fiscal agenda

After his recent confirmation, Commerce Secretary Howard Lutnick has hit the ground running with a focus on achieving President Donald Trump's economic goals. "That's our goal. Balance the budget of the United States of America by the end of Donald Trump's term. And I am so pumped up for it because we are going to make America the greatest country on earth by a country mile," Lutnick said Wednesday on "Jesse Watters Primetime." SAVING US TAXPAYE…

2 days ago·United States

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The Jewish Chronicle

Who is Howard Lutnick, the ‘abandoned’ orphan with the fate of the global economy in his hands? - The Jewish Chronicle

The former investment banking prodigy and 9/11 survivor will be responsible for wielding America’s financial might under President Trump

2 days ago

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Manufacturing Dive

Lutnick confirmed as commerce secretary

The former Wall Street executive will lead the administration's tariff policy as Trump embarks on a widespread trade war.

2 days ago

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Inquirer

+3 Reposted by 3 other sources

US lawmakers confirm Howard Lutnick as commerce secretary

Washington, United States — The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump’s “America First” trade agenda, which uses tariffs as a broad negotiation tool. Trump has threatened sweeping levies on US allies and competitors alike, looking to tariffs

2 days ago·Manila, Philippines

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Fortune

Senate confirms Trump commerce secretary pick Howard Lutnick, who will spearhead hardline trade agenda

Lutnick will likely to spend a lot of time managing the president's aggressive plans to impose import taxes on U.S. trading partners, including allies and adversaries alike.

2 days ago·New York, United States

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