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  • Wednesday, 20 November 2024

Trump picks Cantor Fitzgerald CEO Howard Lutnick as commerce secretary

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, for commerce secretary. Lutnick, a longtime Trump supporter, is expected to leverage his Wall Street connections to bolster American manufacturing and potentially cryptocurrency. If confirmed, he would also play a key role in navigating US-China tech competition, particularly regarding semiconductor technology.

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