Wall Street financier Howard Lutnick. (Twitter Screenshot)
If confirmed by the Senate, he would oversee the agency focused on U.S. economic growth and promoting domestic industries.
By Blake Mauro, The Washington Free Beacon
President-elect Donald Trump is expected to tap Wall Street financier Howard Lutnick to lead the Commerce Department, the Wall Street Journal reported.
Lutnick, chair and CEO of the financial services firm Cantor Fitzgerald, is currently serving as co-chair of the Trump transition team.
The Jewish Republican publicly endorsed the president-elect’s proposed tariffs on U.S. imports, which he would have a key role in implementing as commerce secretary.
If confirmed by the Senate, he would oversee the agency focused on U.S. economic growth and promoting domestic industries.
Trump considered Lutnick to lead the Treasury Department, but investor Scott Bessent has since emerged as a leading contender, according to the Journal.
Lutnick, a major donor to Zionist causes, said he joined Trump’s campaign primarily because of the former president’s support for Israel and his response to Hamas’s Oct. 7 attacks.
“He had clear, moral clarity when it came to Israel and what happened, and the way that he thought about what happened,” Lutnick told the Philadelphia Inquirer last month. “That was huge to me.”
Trump denies promising to end Iran war after midterms, says conflict will end on his…
Speculation about changes at the Pentagon include Republican Florida Gov. Ron DeSantis as a possible…
A Palestinian man in Gaza was filmed handing out candy to children to celebrate Abdul…
He was responsible for Hamas’ contacts with various countries and served as a significant source…
Under the current security agreement, reached during the Obama administration, Israel receives $3.8 billion annually,…
Iranian military analyst Mohammad Taheri said Iran’s missiles can already reach most of eastern Europe…