https://www.nbcnews.com/politics/donald-trump/trump-expected-pick-cantor-fitzgerald-ceo-howard-lutnick-commerce-secr-rcna180176
WASHINGTON — President-elect Donald Trump said Tuesday that he will nominate key transition adviser and billionaire financial services executive Howard Lutnick to lead the Commerce Department.

"He will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement announcing the pick.

The Cantor Fitzgerald CEO has led and been the public face of Trump’s transition.

It’s not clear yet what his selection for a Cabinet post would mean for his role in the transition going forward.

As co-chair of Trump's transition, Lutnick has been an outspoken advocate for his agenda, including explaining how the president-elect plans to use tariffs once in office. Lutnick is the CEO and chairman of the financial services titan Cantor Fitzgerald. The Commerce Department will play a key role in executing some of Trump's proposed tariffs on goods imported into the United States.