President-elect Donald Trump is set to appoint Howard Lutnick, the co-chair of his transition team, as the commerce secretary, according to a source close to the matter who spoke to The Post on Tuesday.
Lutnick, who serves as the CEO of Cantor Fitzgerald, had previously been considered a strong candidate for the more prominent position of treasury secretary. However, his prospects seemed to have waned in recent days.
The 63-year-old's impending nomination was initially reported by Punchbowl News. This is a developing story, so please refresh for further updates.
Source link: https://nypost.com
