Donald Trump picks Howard Lutnick to run commerce department

Donald Trump plans to nominate Howard Lutnick, a Wall Street investor and campaign donor, to run the Department of Commerce, where he would oversee imposing tariffs on trading partners. Lutnick, also the co-chair of Trump’s transition team and CEO of Cantor Fitzgerald, has staunchly defended Trump’s tariff policies. Despite previously supporting Democrats like Hillary Clinton, Lutnick has become one of Trump’s top donors, giving millions to his 2024 campaign and raising around $75mn.

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