Donald Trump announced Cantor Fitzgerald CEO Howard Lutnick as his pick for secretary of the Department of Commerce on Tuesday, selecting his transition co-chair for a key role in an administration that the president-elect has promised will enact sweeping tariffs.

WASHINGTON — President-elect Donald Trump is expected to nominate a key transition adviser and billionaire financial services executive, Howard Lutnick, to lead the Commerce Department, according to two sources familiar with the process. The Cantor Fitzgerald CEO has led and been the public face of Trump’s transition.

President-elect Trump nominated Cantor Fitzgerald CEO Howard Lutnick to serve as commerce secretary, a source familiar with the process confirmed to Fox News Digital.

Financier likely to play important role when introducing president-elect’s planned tariffs on goods coming into the U.S.

The chief executive of Cantor Fitzgerald would be the Trump administration’s top economic policy official if confirmed.

The Cantor Fitzgerald CEO has offered vocal support for the president-elect’s plan to impose across-the-board tariffs of 10%, with a 60% levy on Chinese goods.

Trump is expected to make Matt Gaetz his attorney general and Marco Rubio his secretary of state, and place Tulsi Gabbard, Kristi Noem and Stephen Miller in key posts.

An advocate for imposing wide-ranging tariffs, Lutnick said in September “tariffs are an amazing tool for the president to use — we need to protect the American worker.”

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration.

President-elect Donald Trump will tap Haverford College megadonor and Wall Street financial executive Howard Lutnick to serve as secretary of the U.S. Department of Commerce, multiple news outlets reported Tuesday.