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Patent-holder Lutnick confirmed as Commerce Secretary, will oversee USPTO

By Nick Robertson ( February 18, 2025, 23:52 GMT | Insight) -- Billionaire Howard Lutnick was confirmed by the Senate as Commerce secretary, giving the owner of hundreds of patents oversight of the US Patent and Trademark Office. Lutnick has pledged to make reforms at the office to reduce patent pendency and counter China.The US Senate confirmed Howard Lutnick as Secretary of Commerce today, with the billionaire Cantor Fitzgerald CEO now set to oversee the US Patent and Trademark Office. Lutnick’s leadership could see sizable changes for the American patent system, including attempts to reduce patent pendency and reform to the Patent Trial and Appeal Board....

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