Trump nominates Howard Lutnick as commerce secretary, emphasizing trade and technology

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, as commerce secretary. Lutnick, a supporter of Trump's tariff policies, will oversee a department involved in trade, economic data, and technology funding if confirmed by the Senate. Lutnick is known for his connections in the business community and has been part of Trump's inner circle. He has advocated for tariffs as a means to protect American workers and has expressed strong support for cryptocurrencies, including Bitcoin. Lutnick's nomination follows a push from figures like Elon Musk to replace another candidate for treasury secretary. Lutnick's personal history includes the loss of many colleagues in the 9/11 attacks, which has shaped his public persona and resilience.