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Stock impact report

Details on Trump's Cabinet picks: A look at the familiar (and controversial) nominees [USA TODAY]

LIBERTY ENERGY CORP (LBYE) 
Company Research Source: USA TODAY
Trump's nominees, all of them allies, are drawing national scrutiny because Cabinet members run major federal agencies, oversee billions of dollars in funding, and advise the president on major issues. They can also influence their departments by altering priorities, promoting one program over another, and shaping political policy. All nominees are vetted with background checks. The Senate controls the approval process, including hearings for high-level candidates. The vice president and White House chief of staff aren't subject to Senate approval. Here are Trump's Cabinet nominees, so far: Howard Lutnick: Secretary of Commerce Who: was named by Trump to head the Department of Commerce. When: Nov. 19. More: Lutnick is CEO of Cantor Fitzgerald and the co-chair of Trump's transition team, assisting in filling 4,000 political positions in the federal government, USA TODAY reported. Senate confirmation required? Yes. What does the department do? oversees conditions for Show less Read more
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