Washington | President-elect Donald Trump has chosen billionaire investor and cryptocurrency enthusiast Howard Lutnick to run his commerce department, a central pick in an administration almost certain to be shaped by sweeping tariff hikes.
Mr Lutnick, head of brokerage and investment bank Cantor Fitzgerald, was shortlisted to become treasury secretary with backing from Elon Musk.
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AP
Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
