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