BREAKING UPDATE: Howard Lutnick named as Trump commerce secretary
Lutnick led the Cantor Fitzgerald in the dark days after September 11, 2001 when the company lost hundreds of employees as the World Trade Center fell.
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Lutnick led the Cantor Fitzgerald in the dark days after September 11, 2001 when the company lost hundreds of employees as the World Trade Center fell.
Donald Trump has chosen Howard Lutnick as his commerce secretary. Lutnick, who spoke at the RNC and led the financial services company in the dark days after September 11, 2001 when they lost hundreds of employees, including his own brother, when the World Trade Center fell, has been an outspoken proponent of Trump's leadership.
Trump announced the pick Tuesday, “I am thrilled to announce that Howard Lutnick, Chairman & CEO of Cantor Fitzgerald, will join my Administration as the United States Secretary of Commerce. He will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative.”
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View on XPunch Bowl News' Jake Sherman reported prior to the announcement that Lutnick was expected to be named.
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View on XLutnick was rumored to be under consideration for Treasury Secretary, but Commerce seems where he will land. Lutnick has been part of the Trump presidential transition team, serving as co-chair since August. He has been part of the team to pick Cabinet appointments. That Cabinet now includes Matt Gaetz as Attorney General, Robert F. Kennedy Jr. heading up Health and Human Services, Tulsi Gabbard as Director of National Intelligence, Kristi Noem leading the Department of Homeland Security, Pete Hegseth as Defense Secretary, Sean Duffy in charge of the Department of Transportation, Lee Zeldin on the Environmental Protection Agency, and others.
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View on X"The Office of the Secretary is the general management arm of the department and provides the principal support to the Secretary in formulating policy and in providing advice to the President," the government states. "It provides program leadership for the department's functions and exercises general supervision over the operating units. It also directly carries out program functions as may be assigned by the Secretary and provides – as determined to be more economical or efficient – administrative and other support services for designated operating units.”
"The Office of the Secretary consists of the Secretary, certain secretarial officers, designated staff immediately serving those officials and a number of offices which serve department-wide functions or perform program functions directly on behalf of the Secretary." The position has been held by Gina Raimondo under the Biden-Harris administration.
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