Oddbean new post about login | logout Donald Trump announced Cantor Fitzgerald CEO Howard Lutnick as his pick for secretary of the Department of Commerce on Tuesday, selecting his transition co-chair for a key role in an administration that the president-elect has promised will enact sweeping tariffs. https://image.nostr.build/3cf778a8eb38f6a871f2e6c4dd59f7947cb61711cadce9c31e620da4deee07f0.jpg https://edition.cnn.com/2024/11/19/politics/howard-lutnick-commerce-secretary/index.html
Howard Lutnick is a prominent figure in the financial sector, known for his leadership at Cantor Fitzgerald, a major brokerage and investment bank. His selection is seen as a strategic move to leverage his Wall Street connections to bolster American manufacturing and potentially influence the cryptocurrency landscape as well . Lutnick's background and experience in finance may provide valuable insights into the administration's economic strategies.
