Howard Lutnick | |
---|---|
United States Secretary of Commerce Presumptive nominee | |
Assuming office TBD | |
President | Donald Trump (elect) |
Deputy | TBD |
Succeeding | Gina Raimondo |
Personal details | |
Born | Howard William Lutnick July 14, 1961 Jericho, New York, U.S. |
Political party | Republican |
Spouse |
Allison Lambert (m. 1994) |
Children | 4 |
Education | Haverford College (BA) |
Howard William Lutnick (/ˈlʌtnɪk/; born July 14, 1961[1]) is an American businessman, who succeeded Bernard Gerald Cantor as the head of Cantor Fitzgerald. Lutnick is the chairman and CEO of Cantor Fitzgerald and BGC Group. After losing 658 employees, including his brother, in the September 11 attacks, Lutnick also survived the subsequent collapse of the towers on the ground, and has since become known for his charity efforts through the Cantor Fitzgerald Relief Fund, which helps to aid families of victims of the attacks and natural disasters.
He was a fundraiser for Donald Trump's 2020 and 2024 presidential campaigns, as well as a vocal proponent of Trump's proposal to implement broad tariffs. In November 2024, President-elect Trump announced that he intended to nominate Lutnick as secretary of commerce.
Lutnick is a vocal supporter of cryptocurrencies such as Tether.[2]