Howard Lutnick Confirmed as US Secretary of Commerce
- Howard Lutnick confirmed by a 51-45 Senate vote.
- Lutnick is a Bitcoin advocate and plans to implement Trump’s tariff policies.
- He will oversee 50,000 employees at the Commerce Department.
- Lutnick dismisses concerns about tariffs’ inflationary impact.
- Cantor Fitzgerald, previously led by Lutnick, manages Tether’s US Treasury holdings.
Howard Lutnick has been confirmed as the US Secretary of Commerce with a Senate vote of 51-45. A Bitcoin advocate, he plans to implement President Trump’s tariff policies while overseeing a department of 50,000 employees. Lutnick has committed to resigning from Cantor Fitzgerald to comply with government ethics requirements.
Source (2.6)https://cryptobriefing.com/howard-lutnick-confirmation-commerce/?rand=59535
