Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.

Documents released by the U.S. Office of Government Ethics showed Lutnick, who is the CEO of brokerage firm Cantor Fitzgerald, earned nearly $200 million through the brokerage firm. Lutnick has been nominated to lead Trump's trade and tariff strategy as head of the Commerce Department.

President Trump’s pick for commerce secretary Howard Lutnick detailed Monday how Trump will use his “external revenue service” and the administration’s approach with tariffs. Lutnick said at a Washing

Trump’s order seeking an “America-first trade policy” calls on Lutnick to work with the treasury secretary, who is likely to be hedge fund billionaire Scott Bessent, and the US trade representative, poised to be lawyer Jamieson Greer.

Howard Lutnick, President Donald Trump's nominee to lead the Commerce Department, on Friday disclosed his financial holdings and assets ahead of a Senate hearing to confirm him for the role. The Wall Street CEO earned nearly $200 million through financial services company Cantor Fitzgerald.

The Senate Commerce Committee will hold a January 29 hearing on President Donald Trumps nominee, Howard Lutnick, to lead the Commerce Department. As head of Cantor Fitzgerald and BGC Group, Lutnick has built a