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Trump Nominates Pro-Crypto Howard Lutnick as Secretary of Commerce

Mary Liu

Summary: President-elect Donald Trump announced the nomination of Howard Lutnick, CEO of Cantor Fitzgerald, as Secretary of Commerce. Lutnick is a cryptocurrency enthusiast who once said in an interview with CNBC: "I am a fan of cryptocurrency, but let me be more specific: Bitcoin." His company is involved in the cryptocurrency field. Since 2021, Cantor has ...

President-elect Donald Trump announced the nomination of Howard Lutnick, CEO of Cantor Fitzgerald, as Secretary of Commerce.

Lutnick is a cryptocurrency enthusiast who once said in an interview with CNBC: "I am a fan of cryptocurrency, but let me be more specific: Bitcoin."

His company is involved in the cryptocurrency field. Since 2021, Cantor has helped Tether manage a large inventory of U.S. Treasury bonds that support its USDT stablecoin.

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