The DOT is setting up a special committee to explore how the FAA certifies new aircraft, including the controversial Boeing 737 Max planes.
Airlines prepare to cancel more flights as the grounding of the Boeing 737 MAX enters its second week.
Honeywell supplies mechanical systems and avionics for the Boeing 737 Max, but not flight controls or flight management systems.
Shares of Boeing tumbled on news that the FBI has reportedly joined in a criminal investigation of the certification process for the company's 737 Max jets, two of which have crashed since October killing 346 people.
The nomination would come amid intense scrutiny over the FAA's approval of the Boeing 737 Max 8 aircraft involved in two fatal crashes.
Transportation Secretary Elaine Chao on Tuesday sent a memo to Calvin Scovel, inspector general of the department, formalizing the request.
Boeing CEO Dennis Muilenburg restated the aircraft maker's commitment to safety on Monday night, and he again pledged to provide a software update and training to pilots related to the 737 Max airliner.
French accident investigator BEA said Monday that black box data recovered from a crashed Ethiopian Airlines plane show "clear similarities" to another Boeing 737 Max crash in October.
Dozens of countries and airlines have split from the Federal Aviation Administration in grounding Boeing's 737 Max airplanes after two fatal crashes.
Most U.S. airlines already halted service to Venezuela, making American the last major airline to pull out, further isolating the nation.