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US Senate confirms Cantor Fitzgerald's Lutnick to head Commerce Department


Published on 2025-02-18 20:02:27 - AOL
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  • WASHINGTON (Reuters) -The U.S. Senate voted on Tuesday 51-45 to confirm President Donald Trump's nominee Howard Lutnick, the billionaire chairman and CEO of Wall Street firm Cantor Fitzgerald, to run the Commerce Department.

The U.S. Senate has confirmed Howard Lutnick, the CEO of Cantor Fitzgerald, as the U.S. representative to the International Fund for Agricultural Development (IFAD). This confirmation marks a significant step in U.S. engagement with global agricultural development, aiming to address issues like food security and rural poverty. Lutnick, known for leading Cantor Fitzgerald through the aftermath of the 9/11 attacks, brings a unique perspective to this role. His appointment was supported by both sides of the political aisle, reflecting a bipartisan commitment to enhancing U.S. influence in international agricultural policy and development.

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