Senate confirms Howard Lutnick as commerce secretary

News Snapshot:

President Trump says reciprocal tariffs will increase U.S. revenue, but some warn of risks The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Trump's hardline trade policies. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running the census to issuing weather reports. But he's likely to spend a lot of time — along with Jamieson Greer, Mr. Trump's nominee to be the top U.S. trade negotiator — managing the president's aggressive plans...