President-elect Donald Trump will name Howard Lutnick, the co-chair of <a href="https://nypost.com/2024/11/12/us-news/whos-been-picked-for-trumps-second-administration-so-far/">his transition team</a>, to the post of commerce secretary, a source familiar with the matter told The Post Tuesday.

Lutnick, the CEO of Cantor Fitzgerald, had been widely rumored as a contender for the more prestigious post of treasury secretary, but appeared to have lost momentum in recent days.

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<figcaption>Donald Trump seen with Howard Lutnick. <span class="credit">AP</span></figcaption>

The 63-year-old’s pending nomination was first reported by Punchbowl News.

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President-elect Donald Trump will name Howard Lutnick, the co-chair of his transition team, to the post of commerce secretary, a source familiar with the matter told The Post Tuesday. Lutnick, the …{ai:summary}<p>President-elect Donald Trump is set to appoint Howard Lutnick, co-chair of his transition team and CEO of Cantor Fitzgerald, as commerce secretary. Lutnick was previously considered for the treasury secretary position but has since lost traction for that role.</p><p>The nomination was first reported by Punchbowl News. #politics</p>

Trump to pick transition team co-chair Howard Lutnick for commerce secretary: source

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