Howard Lutnick likely to be Trump's Commerce secretary. This is not what the megadonor wanted

Published On : 2024-11-20T01:57:34+0530 [ IST ] | Author : Mayur_Tembhare
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Howard Lutnick is likely to be Trump's commerce secretaryBillionaire megadonor and long-time friendHoward Lutnick is likely to be the new commerce secretary of Donald Trump's administration. This is however not the gig Lutnick was lobbying for as he was eyeing the

Lutnick is the chief executive of the financial services firm Cantor Fitzgerald.

As the co-chair of the transition team Howard Lutnick was looking for candidates to fill Trump's administration and now he is going to be one of them. Questions were raised as to why he did not step away from running his firms while

Lutnick gained national attention when 658 of his employees and his brother died in the 2001 World Trade Center attack. He rebuilt Cantor Fitzgerald almost from ashes.

Lutnick had been in the running to be Treasury Secretary but Donald Trump reportedly soured on him due to infighting between Lutnick and other prominent candidates for the job including financier Scott Bessent.

Lutnick was offered an ambassadorship but he declined. Lutnick was offered an ambassadorship but he declined.

Lutnick was offered an ambassadorship but he declined.

Fox Business reported that Lutnick was offered an ambassadorship but he declined that offer.

In being tapped for Commerce Lutnick edged out Robert Lighthizer the US trade representative during Trump’s first term and Linda McMahon the administrator of the Small Business Administration from 2017 to 2019. Both were informed in the last day or so that Lutnick was getting the job

McMahon who co-chaired the transition with Lutnick was a clear favorite for the Commerce Secretary post but then Lighthizer appeared closer to getting it. And now all reports claim it is Lutnick.

"McMahon became frustrated that Trump hadn't named her to the Commerce role last week when it became clear he was considering Lighthizer and thinking of an ambassador position instead. Then she was abruptly informed that her transition co-chair was actually being awarded the Commerce job

Source : Reporters From Sunrise Chronicles

Tags : Then , jobrebuilt cantor fitzgerald almost , treasurylutnick gained national attention , Robert Lighthizer , Treasury , Robert , World Trade Center , mcmahonrobert f kennedy jr , Questions , Kennedy Jr ,

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