Gavin Bade
Howard Lutnick Is Confirmed as Commerce Secretary
The Senate voted 51-45 to confirm Howard Lutnick as commerce secretary, putting in place a billionaire Wall Street veteran turned avowed protectionist to lead the president’s global trade agenda. The former chief executive of Cantor Fitzgerald, a financial services firm, ran the personnel operation for Trump’s presidential transition. Lutnick, age 63, took the reins at Cantor in 1991. He stepped down following the confirmation vote. President Trump has said the secretary will lead the second-term trade portfolio as well as oversee an agency of roughly 47,000 employees.