Howard Lutnick, a billionaire banker poised to run the Department of Commerce, has deep ties to the crypto industry. But he hasn't committed to recusing himself from Donald Trump's crypto task force that will develop policies on digital assets.

President Donald Trump swore in Howard Lutnick as his secretary of commerce at the White House Friday. Lutnick has voiced support for Trump’s tariff proposals, and said during his confirmation hearing before the Senate Committee on Commerce,