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. This marks a shift in leadership for the commerce department. Lutnick, a supporter of tariffs, previously suggested they are essential for protecting American workers. Trump has proposed significant tariffs on imports, particularly from China. Lutnick's nomination follows calls from influential figures, including Elon Musk, to prioritize his selection over other candidates. Lutnick has a long history in finance and has been involved in both Democratic and Republican campaigns. His role as commerce secretary will require strong connections within the business community and oversight of various economic initiatives.