From China to Tariffs: What Howard Lutnick Would Oversee as Commerce Secretary

Commerce secretary has become an important administration role in recent years.

Howard Lutnick attends Charity Day 2024 hosted by The Cantor Fitzgerald Relief Fund at BGC Group in New York City, on Sept. 11, 2024. Rob Kim/Getty Images for The Cantor Fitzgerald Relief Fund

President-elect Donald Trump selected billionaire Howard Lutnick for the role of commerce secretary, in which he will oversee the U.S. trade representative’s office.

If confirmed, Lutnick, CEO of financial services firm Cantor Fitzgerald and co-chair of Trump’s transition team, would hold a position that has increasingly become a crucial policy role.