Trump picks Cantor Fitzgerald CEO Howard Lutnick to be commerce secretary
WASHINGTON — President-elect Donald Trump is expected to nominate a key transition adviser and billionaire financial services executive, Howard Lutnick, to lead the Commerce Department, according to two sources familiar with the process. The Cantor Fitzgerald CEO has led and been the public face of Trump’s transition.
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Elon Musk, the Tesla CEO who has become a close adviser to Trump, threw his support behind Lutnick over the weekend.
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