Trump Nominates Howard Lutnick as Commerce Secretary Amid Cabinet Reshuffle

President-elect Donald Trump has appointed Howard Lutnick, CEO of Cantor Fitzgerald, as his Commerce Secretary. Lutnick, a prominent Wall Street figure, will lead Trump's tariff and trade agenda and oversee the Commerce Department, which includes responsibilities like enforcing tariffs and promoting U.S. exports. Lutnick, who gained prominence after rebuilding Cantor Fitzgerald post-9/11, has been a major supporter of Trump's economic policies, including tariffs and tax cuts. His appointment aligns with Trump's plans to reduce federal spending and restructure government agencies.