Trump nominates Howard Lutnick as commerce secretary to lead trade agenda

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, as commerce secretary. Lutnick will oversee Trump's tariff and trade agenda, including the Office of the United States Trade Representative. Lutnick, a key adviser during the transition, supports imposing tariffs to protect American workers. He previously expressed strong views on tariffs, advocating for significant rates on imports from China and other countries. Lutnick's nomination follows calls from figures like Elon Musk to replace another candidate for treasury secretary with him. He has a long history in finance and has contributed to both major political parties.