The co-chair of Trump's transition effort and the longtime chief executive of financial services firm Cantor Fitzgerald, Lutnick has been picked to head the Commerce Department, the agency that has become the U.S. weapon of choice against China's tech sector. The Department of Health and Human Services oversees the FDA, the Centers for Disease Control and Prevention, the National Institutes of Health and the massive Medicare and Medicaid programs, which provide health coverage for the poor, those aged 65 and older, and the disabled. A Trump loyalist who also served in the National Guard as a colonel, Waltz, 50, has criticized Chinese military activity in the Asia-Pacific and voiced the need for the U.S. to be ready for a potential conflict in the region.
Author: Reuters
Published at: 2025-01-20 22:41:03
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