**Howard Lutnick remains the confirmed Secretary of Commerce, with Senate confirmation in February 2025 and no subsequent resignation, termination, or replacement signals through September 2026.** Recent reporting shows him actively advancing Trump administration priorities, including executing trade and investment commitments with Japan, Korea, and Taiwan, expanding U.S. semiconductor and advanced manufacturing capacity, and implementing tariff policies on autos and other sectors. Public appearances and statements in mid-to-late 2026 emphasize urgency on reshoring and supply-chain goals over the next two years, consistent with ongoing administration support. Past controversies, such as congressional scrutiny over Epstein ties and family business interests, produced Democratic criticism and oversight but have not prompted removal or shifted White House backing. Trader consensus reflected in the 77.5% “No” price aligns with this continuity in a second-term cabinet context where incumbents aligned with presidential objectives typically complete their terms absent major new developments.