
President-elect Donald Trump has named Howard Lutnick—the CEO known for his sharp-elbowed ascent to Wall Street’s upper echelon, as well as his resilience after the 9/11 attacks devastated his company—as his pick for secretary of commerce.
In the new role, Lutnick, who has cochaired Trump’s transition team, will lead the incoming administration’s strategy on tariffs and trade and maintain direct responsibility over the Office of the United States Trade Representative, Trump announced in a post on Truth Social on Tuesday.