US Senate Confirms Howard Lutnick as New Head of Commerce Department

Reported 3 days ago

The U.S. Senate has confirmed Howard Lutnick, the billionaire chairman and CEO of Cantor Fitzgerald, to lead the Commerce Department with a 51-45 vote. Lutnick will oversee crucial areas, including U.S. export controls and the CHIPS semiconductor subsidy program, and is expected to focus on improving trade relations and reviewing existing trade policies.

Source: YAHOO

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