President-elect Donald Trump to Name Howard Lutnick as Commerce Secretary
President-elect Donald Trump is set to name Howard Lutnick, the co-chair of his transition team, as the next commerce secretary, according to a source familiar with the matter.
Lutnick, who serves as the CEO of Cantor Fitzgerald, had been a front-runner for the treasury secretary position. However, recent developments have indicated that he will instead be appointed to lead the Department of Commerce.
The news of Lutnick’s impending nomination was first reported by Punchbowl News.
This is a developing story. Please check back for updates.
