November 19, 20240 Comments

Trump picks pro-tariff billionaire Howard Lutnick for US commerce secretary | Donald Trump News

US president-elect nominates Lutnick, a Wall Street investment firm CEO, to lead his ‘tariff and trade agenda’. United States President-elect Donald Trump has nominated Howard Lutnick, a billionaire and head of the investment firm Cantor Fitzgerald, as the next US secretary of commerce. In a statement on Tuesday, Trump hailed Lutnick – who has served as co-chair of the Republican’s transition team – as “a dynamic force on Wall Street

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November 19, 20240 Comments

Trump to name Howard Lutnick to lead Commerce Department

Reuters Donald Trump is expected to name investor Howard Lutnick, the co-chair of his transition team, to lead the US commerce department, according to CBS News, the BBC’s US partner. If confirmed, Lutnick would oversee a department that helps boost domestic manufacturing and US companies. It is often a key player in areas where business and national security interests collide, such as restricting technology exports to China or enacting tariffs

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