Senate Commerce Committee chair Ted Cruz said Lutnick will focus on issues including expanding commercial access to wireless spectrum and "will ensure American taxpayer dollars are spent efficiently and that Congress gets ‘the benefit of the bargain’ on legislation like the CHIPS and Science Act."

The Senate has confirmed wealthy financier Howard Lutnick as commerce secretary. The confirmation vote Tuesday puts Lutnick in charge of the Commerce Department, where he will oversee 50,000 employees