Lutnick, a strong backer of Trump’s tariff plans, tapped to lead Commerce

Investment firm billionaire Howard Lutnick, a strong supporter of President-elect Trump’s broad tariff plans, has been asked to lead the Commerce Department, the transition team announced on Tuesday. Lutnick, chairman and CEO of investment firm Cantor Fitzgerald, co-chairs the transition team. He reportedly was in the running for Treasury secretary before being chosen for Commerce. In a statement , Trump said he was “thrilled” about the pick, adding that Lutnick “will lead our Tariff and Trade agenda [sic], with additional...