27 sources·Politics

Trump Nominates Howard Lutnick as Commerce Secretary

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to lead the Commerce Department, focusing on tariffs and trade policies.

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Updated: Nov 19th, 2024, 6:42 PM ET

Summary

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President-elect Donald Trump has chosen Howard Lutnick, CEO of Cantor Fitzgerald, as his nominee for commerce secretary. Lutnick, a co-chair of Trump's transition team and a proponent of tariffs and cryptocurrency, will oversee the Commerce Department's role in trade negotiations and economic policy. Notably, he has a personal history linked to 9/11, having lost his brother and many colleagues in the attacks. Lutnick's nomination follows public support from Elon Musk, who favored him over other candidates for treasury secretary.

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