Trump nominates Howard Lutnick as commerce secretary

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, as commerce secretary. Lutnick will oversee Trump's tariff and trade agenda and has been a key adviser during the transition. Lutnick, a proponent of tariffs, has previously stated they are essential for protecting American workers. He will manage a large Cabinet agency involved in trade, economic data, and more. Lutnick was considered for treasury secretary but ultimately chosen for commerce. He has connections in the business community and has been involved with Trump’s campaign events.