Trump chooses billionaire and key transition adviser Howard Lutnick for commerce secretary
- President-Elect Donald Trump nominated Howard Lutnick, head of Cantor Fitzgerald, for commerce secretary, as stated on Truth Social.
- Lutnick's role includes overseeing a Cabinet agency involved in trade restrictions and economic data.
- Trump proposed significant tariffs on imports, including 60% on Chinese goods, influencing Lutnick's nomination.
239 Articles
239 Articles
What To Know About Howard Lutnick, Trump’s Pick For Commerce Secretary
President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and t…
Trump picks billionaire Howard Lutnick as head of Commerce
President-elect Donald Trump has picked Howard Lutnick, a longtime friend and chief executive of the financial services firm Cantor Fitzgerald, as his nominee for Commerce secretary, he announced on Truth Social Tuesday afternoon. As head of the Commerce Department, Lutnick “will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump said. The billionaire is a well…
Trump appoints Wall Street investor Howard Lutnick as US commerce secretary
US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday – a choice set to bring a tougher stance on China from the incoming administration. Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement. Tariffs are a key part of Trump's economic ag
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