Trump picks Howard Lutnick as U.S. commerce secretary nominee

U.S. president-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs.

Trump picks Howard Lutnick as U.S. commerce secretary nominee
Howard Lutnick speaks before Republican presidential nominee former U.S. president Donald Trump at a campaign rally at Madison Square Garden, Sunday, Oct. 27, 2024, in New York.

U.S. president-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs.