President-elect Trump’s Commerce Department pick Howard Lutnick to head tariff, trade agenda
By 
Jeff Dale2024-11-20T16:51:00
President-elect Donald Trump announced Tuesday he plans to appoint Cantor Fitzgerald President and CEO Howard Lutnick to lead the U.S. Commerce Department, as the incoming administration is expected to charge import tariffs against friends and foes.
Trump announced the pick on his social media platform Truth Social, stating that Lutnick will lead the Commerce Department’s tariff and trade agenda, along with having direct responsibility for the Office of the United States Trade Agenda.
Lutnick, who started at financial services giant Cantor Fitzgerald in 1983 and quickly climbed the ladder to become president and CEO at the age of 29, has been a longtime supporter of Trump. Lutnick is also a staunch supporter of the president-elect’s agenda on tariffs and the deregulation of cryptocurrency.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
News BriefWhite House, BIS attempt to strengthen AI chip export controls in final days of Biden presidency
In tandem with the Commerce Department’s Bureau of Industry and Security, the Biden administration issued a new rule on export controls of domestically produced artificial intelligence chips.
-
News BriefTrump picks Dr. Oz to run massive Medicare, Medicaid agencies
Dr. Mehmet Oz, President-elect Donald Trump’s pick to lead the Centers for Medicare and Medicaid Services, has a mandate from Trump to “take on the illness industrial complex” and to cut costs.
-
PremiumAI and government: How Trump or Harris presidency will differ on policy, regulation
AI may be one of the hottest things in the business world but former President Donald Trump and Vice President Kamala Harris haven’t devoted much time to discussing the technology. Still, each candidate has offered a few clues as to how they would govern over this next wave of innovation.
More from Regulatory Policy
-
News BriefIs Google headed for a breakup? Second federal judge calls it a monopoly
A federal judge has ruled that Google “willfully engaged in a series of anticompetitive acts” in the advertising technology industry, the latest antitrust setback in what could become a string of losses for tech companies.
-
PremiumAI regulation: U.K. sits on regulatory fence between U.S. and E.U.
The U.K. has pressed pause on artificial intelligence regulation as its government comes under twin pressures from those who fear the growing power of unregulated AI and the overriding need to generate growth. The postponement of long-expected legislation means that the U.K. is left sitting on the fence between federal ...
-
News BriefSenate Democrats urge DOJ to revive crypto crime unit amid growing enforcement concerns
A small band of Senate Democrats is calling on the Trump administration to reinstate the cryptocurrency investigations unit at the Department of Justice (DOJ).