FOX Business host unpacks the credentials Howard Lutnick brings as President-elect Donald Trump's pick for Commerce Secretary.
Howard Lutnick will keep America first – that's the subject of "The Riff." So, many congrats to an old friend, Howard Lutnick, just nominated by President-elect Donald Trump to be Secretary of the Commerce Department. Howard is a strong Trump supporter and friend for many years, a strong Trump campaigner and fundraiser throughout the presidential cycle. He has a tremendous success record as the CEO of the Wall Street firm Cantor Fitzgerald.
But, importantly, the U.S. cannot give away its crown jewels of advanced technological innovation. The U.S. cannot allow intellectual property theft or the forced transfer of technology. Reciprocity is most welcome, but tariffs may still be necessary. Howard Lutnick agrees with this – and will be strongly supported. Howard is a supply-sider who will also push hard for passage of the Trump tax cuts.
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