Trump Picks Cantor Fitzgerald’s Lutnick as Commerce Chief (2)

President-elect Donald Trumpis tapping Cantor Fitzgerald LP chief executive officer Howard Lutnick to lead the Commerce Department, a central pick in an administration that will likely be shaped by sweeping tariff hike proposals.

“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,” Trump said in a post on Truth Social on Tuesday.

Lutnick, 63, is one of Trump’s most prominent Wall Street ...