Trump Selects Howard Lutnick for Commerce Secretary Role

Donald Trump has announced his intention to nominate Howard Lutnick, a Wall Street investor and campaign donor, to lead the Commerce Department. Lutnick, CEO of Cantor Fitzgerald and co-chair of Trump's transition team, will also oversee the US Trade Representative's office if confirmed. This appointment positions Lutnick to implement Trump's proposed tariffs, including a 60% tariff on Chinese imports. Lutnick, a major Trump supporter, has never held a government position before and was previously considered for Treasury Secretary.