Trump's Commerce and Treasury Picks Stir Controversy and Speculation

President-elect Donald Trump has chosen Howard Lutnick, CEO of Cantor Fitzgerald, as his pick for Secretary of Commerce. Lutnick, a prominent Wall Street figure known for his resilience after losing nearly 70% of his employees in the 9/11 attacks, will lead the administration's strategy on tariffs and trade. Lutnick, who has been a significant donor and advisor to Trump's campaign, is expected to focus on raising tariffs to protect U.S. businesses. His appointment has raised concerns about potential conflicts of interest, particularly regarding cryptocurrency.