President-elect Trump has just announced his nomination for Commerce Secretary, confirming what we reported earlier that it was his Trump transition co-chair Howard Lutnick.
🚨 President Trump announces that @howardlutnick will join his administration as Secretary of Commerce. pic.twitter.com/XkLZj2NIqN
— Trump War Room (@TrumpWarRoom) November 19, 2024
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This was the man Elon Musk wanted to be Treasury Secretary, but getting him as Secretary of Commerce isn’t bad at all.
I posted a video earlier today of Lutnick, but this is another video of him explaining Trump’s view on tariffs and why they are absolutely necessary as a negotiating tool to bring companies back to America. It’s rather enlightening:
NEW: Donald Trump is expected to pick Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary, according to Punchbowl.
Here is Lutnick blowing the minds of CNBC hosts as he explained how Trump will use tariffs as a negotiation tactic.
Lutnick lost 658 employees in the… pic.twitter.com/6Aalo2mKQv
— Collin Rugg (@CollinRugg) November 19, 2024