Trump plans to nominate Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary

President-elect Donald Trump is expected to nominate Howard Lutnick, CEO of Cantor Fitzgerald, as Commerce Secretary. Lutnick has been a key adviser during Trump's transition and has supported his agenda, particularly regarding tariffs. Lutnick's nomination comes amid speculation about other Cabinet positions, including Treasury Secretary. He was previously considered a strong candidate for that role. Lutnick has a long history with Cantor Fitzgerald, having joined the firm in the 1980s. He became a prominent figure in the business community after the September 11 attacks, which impacted his company significantly.