Reported 1 day ago
President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald and a cryptocurrency supporter, for the position of commerce secretary. This role encompasses oversight of economic policies including trade restrictions and the modernization of technology industries. Lutnick has been a vocal advocate of Trump's tariff plans and has a personal connection to the tragedy of 9/11, with many employees of his firm lost in the attacks. He also actively promotes cryptocurrency and aims for its wider acceptance in global trade.
Source: YAHOO