Trump plans to appoint Lutnick as Commerce Secretary while Treasury search continues

Howard Lutnick is expected to be appointed as the head of the Commerce Department in President Trump's administration. He has been involved in the transition team and previously sought the Treasury Secretary position, supported by Elon Musk. The search for the Treasury Secretary continues, with Scott Bessent being considered despite criticism over his hedge fund's performance. Other candidates include Kevin Warsh, Marc Rowan, Bill Hagerty, and Robert Lighthizer, with Warsh currently leading in prediction markets. Lutnick's economic views align with Trump's focus on tariffs and trade policies. Crypto initiatives are also a significant part of the agenda.