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News in English (USA) / 21.11.2024 / 05:00

Donald Trump Appoints Howard Lutnick as Commerce Secretary Amidst Ongoing Treasury Secretary Speculation

In a significant move, Donald Trump has selected billionaire Howard Lutnick, a prominent Wall Street figure and 9/11 survivor, to take on the role of Commerce Secretary. Lutnick, known for his ties to the crypto industry and as a leading cheerleader for Trump, has drawn both support and criticism due to his controversial connections and perspectives on trade and tariffs, particularly concerning China. Meanwhile, the race for Treasury Secretary remains competitive, with potential candidates like Marc Rowan and Scott Bessent emerging as top contenders. As the Trump administration continues to shape its economic policy, the influence of figures like Elon Musk is also becoming more pronounced in the selection process.
Yahoo Finance, Bloomberg, CNN, The New York Times, Axios, Forbes, BBC.com, The Hill, Financial Times, The Economist