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| Boilerpipe Text | Howard Lutnick
Official portrait, 2025
41st
United States Secretary of Commerce
Incumbent
Assumed office
February 21, 2025
President
Donald Trump
Deputy
Paul Dabbar
Preceded by
Gina Raimondo
Personal details
Born
Howard William Lutnick
July 14, 1961
(age 64)
Long Island
,
New York
, U.S.
Party
Republican
(since 2016)
Other political
affiliations
Democratic
(until 2016)
Spouse
Allison Lambert
(
m.
1994)
Children
4
Education
Haverford College
(
BA
)
Howard William Lutnick
(born July 14, 1961) is an American businessman and government official who has served as the 41st
United States secretary of commerce
since 2025.
In 1983, Lutnick was hired at
Cantor Fitzgerald
under the mentorship of the firm's founder,
B. Gerald Cantor
. In 1990, Lutnick became president and chief executive of Cantor Fitzgerald. After Cantor's declining health in 1995, Lutnick became involved in a contentious legal battle with Cantor's wife,
Iris
, over succession plans, filing suit in
Delaware
court claiming Cantor lacked sufficient mental capacity to make decisions. Following a settlement that gave Lutnick management control, he was appointed chairman of Cantor Fitzgerald after Cantor's death in 1996. He invested significantly in technology, establishing an
electronic trading platform
known as
eSpeed
. In the
September 11 attacks
, Cantor Fitzgerald lost 658 employees, including Howard's brother, Gary. Lutnick's handling of the aftermath, including the immediate cessation of salaries to families of deceased employees, drew both praise for his efforts to rebuild the firm and criticism from victims' families.
After fundraising for
Hillary Clinton
in
2016
, Lutnick was a fundraiser for
Donald Trump
's
2020
and
2024
presidential campaigns and a vocal proponent of Trump's tariff proposals. In August 2024, he was named co-chair of Donald Trump's
presidential transition
team. President-elect Trump nominated Lutnick for Secretary of Commerce in November 2024. Following a
Senate Committee on Commerce, Science, and Transportation
hearing in January 2025, he was confirmed by the
Senate
in February. As commerce secretary, he has advocated for tariffs and made controversial statements regarding
Social Security
payments.
Time
listed Lutnick as one of
the world's 100 most influential people
in 2025.
Early life and education
Haverford College
, where Lutnick studied, pictured in 2010
Howard William Lutnick
[
1
]
was born on July 14, 1961,
[
2
]
on
Long Island
,
New York
.
[
3
]
He was the second son of
Solomon
and Jane (née Lieberman) Lutnick.
[
a
]
[
8
]
Solomon was a professor of history at
Queens College, City University of New York
, while Jane was a painter and sculptor
[
1
]
who taught at the
C.W. Post Campus of Long Island University
.
[
9
]
Lutnick is of
Jewish
descent.
[
10
]
He was raised in
Jericho, New York
,
[
2
]
and attended
Jericho High School
.
[
11
]
In February 1978,
[
8
]
during Lutnick's junior year, Jane died of
lymphoma
. Lutnick attended
Haverford College
as a Division III tennis recruit.
[
12
]
In Lutnick's first week of classes, Solomon died of a
chemotherapy
drug overdose; he was being treated for
colon cancer
that had
metastasized
to his lungs.
Robert Stevens
, the president of Haverford College, offered to waive his fees to the university. At Haverford, Lutnick became captain of the tennis team. He graduated in 1983 with a degree in economics.
[
3
]
Career
Cantor Fitzgerald
1 World Trade Center
(left), Cantor Fitzgerald's corporate headquarters until
its destruction
After graduating, Lutnick worked at Noonan, Astley & Pierce as a broker for the
United States dollar
–
Japanese yen
exchange, where he met
B. Gerald Cantor
.
[
13
]
In 1983, Cantor took Lutnick as his protégé and hired him at his eponymous firm,
Cantor Fitzgerald
, encouraged by Rod Fisher, a partner at the firm and Cantor's nephew.
[
14
]
Within a year and a half, Lutnick had steadily ascended within the firm, becoming the chief executive of a division of Cantor Fitzgerald that managed the personal investments of Cantor and his associates. He brought additional clients, increasing its profitability to become one of Cantor Fitzgerald's most lucrative divisions.
[
15
]
By December 1990, Lutnick was appointed Cantor's successor in the event of his death.
[
14
]
In 1991,
[
16
]
after a failed attempt by Cantor Fitzgerald's president to oust him, Lutnick became the firm's chief executive
[
17
]
and president.
[
15
]
The following year, Cantor restructured Cantor Fitzgerald to a partnership and implemented a succession plan, abandoning his previous effort to give the company to a charitable foundation.
[
15
]
In 1990, Cantor began undergoing
kidney dialysis
, and in December 1995, he was hospitalized in
New York
. Lutnick moved to implement a succession plan at Cantor Fitzgerald, allowing him to become a managing general partner at the firm. The lack of involvement of Cantor's family infuriated its members, including his wife,
Iris Cantor
, whose attorneys had argued with Lutnick's attorneys. In March 1996, Lutnick and his division, CF Group Management, filed a lawsuit in
Delaware
to enforce the plan, arguing that Cantor did not possess "sufficient mental capacity" to understand the legal documents he was signing.
The New York Times
noted that Lutnick had already lost the necessary support of the Cantors.
[
15
]
The partners settled in May, allowing Lutnick to retain management control while the Cantors hold a limited partnership stake.
[
18
]
In July, Cantor died.
[
19
]
As chairman
[
3
]
of Cantor Fitzgerald, Lutnick sought to broker deals with larger investment companies such as
Deutsche Bank
and
Merrill Lynch
.
[
20
]
Lutnick heralded technology at Cantor Fitzgerald. In September 1998, the firm began
electronic trading
for futures contracts on
Treasury bonds
and
notes
,
[
21
]
developing
eSpeed
, an
electronic trading platform
, with an investment of
US$250
million. eSpeed was released in March 1999.
[
16
]
In addition, Lutnick diversified Cantor's investments, seeking to establish a brokering business in Europe—spending at least
US$43
million since 1994—and a futures exchange known as
Cantor Exchange
, though it traded significantly fewer contracts than its competitors, including the
Chicago Board of Trade
.
[
14
]
Businessman
Michael Spencer
noted that eSpeed had become a dominant market in
Treasury securities
trading, but had not achieved similar successes in other markets. By September 2001, eSpeed had created four dozen marketplaces, including TradeSpark, an exchange for natural gas and electricity.
[
13
]
After the
Enron scandal
, TradeSpark received a surge in usage.
[
22
]
At the time of the
terrorist attacks on September 11, 2001
, Cantor Fitzgerald was headquartered in
the North Tower
of the
World Trade Center
. The company occupied several floors just above where
American Airlines Flight 11
crashed into the building. Of the 960 total employees who worked for Cantor Fitzgerald in New York City, all 658 who were in the office on the day of the attacks died.
[
23
]
[
24
]
Lutnick was scheduled to go into the office that day, but he had taken his son to kindergarten. His brother, Gary, did not survive.
[
7
]
Cantor Fitzgerald's operations in
London
and
New Jersey
allowed eSpeed to continue trading.
[
25
]
Lutnick's interviews with
Connie Chung
on
ABC News
were widely publicized
[
26
]
and he became nationally recognized.
[
27
]
Internally, however, he garnered criticism from families of employees at Cantor Fitzgerald for the company's refusal to continue paying any part of the salaries owed to employees who were ultimately killed in the attack. According to Lutnick, getting this authorized was beyond practical: banks would not endorse the continued payment of two-thirds of their employees, particularly when they were well-aware that said employees were deceased and no longer active employees of the company. However, the relief the company obtained by way of its freedom from those very salary obligations provided Cantor Fitzgerald with an indispensable safety net in the immediate, uncertain aftermath.
[
28
]
The
American Red Cross
offered as much as
US$30,000
to the families of the victims after Lutnick appealed to the organization's president and chief executive,
Bernadine Healy
.
[
29
]
Lutnick attended twenty funerals a day for over a month.
[
30
]
In October, Cantor Fitzgerald began distributing
US$45
million to families.
[
31
]
In February 2002, the firm announced it would divide
US$4.9
million in profit to survivors.
[
32
]
Lutnick speaking at a
Financial Times
event in November 2007
A year after the attacks, Lutnick began negotiations to relocate Cantor Fitzgerald to
Union Square, Manhattan
, at
14th Street
between
Broadway
and
University Place
, from the firm's temporary headquarters at 135 East 57th Street.
[
33
]
[
34
]
He requested
US$50
million for the initiative from the
United States Congress
and formed a working relationship with
Florida
representative
Bill Young
, the chairman of the
House Committee on Appropriations
, but the final legislation signed by president
George W. Bush
did not explicitly mention Cantor Fitzgerald and was less than what Lutnick had requested at
US$33
million.
[
33
]
The deal later fell through, and Lutnick began considering 10 Hanover Square
[
35
]
before moving into 110 East 59th Street, fulfilling his vow to never return to
Lower Manhattan
.
[
36
]
By December 2002, Cantor Fitzgerald had 750 employees in New York.
[
23
]
In August 2004, the firm established a partnership,
BGC Partners
, for its voice brokerage business.
[
37
]
Lutnick was appointed the chief executive of Cantor Fitzgerald's fixed-income trading and sales business, succeeding Irvin Goldman, in October 2007.
[
38
]
In January 2017,
Anshu Jain
, a former
Deutsche Bank
executive, joined Cantor Fitzgerald as its president;
[
39
]
Jain died in 2022.
[
40
]
By September 2018, Lutnick was worth
US$1.5
billion, according to the
Bloomberg Billionaires Index
.
[
41
]
Since 2020, Cantor Fitzgerald has invested in cryptocurrency, particularly
Tether
, a major cryptocurrency company which has been implicated in money laundering and sanctions evasion by regimes in
Russia
,
Iran
, and
North Korea
.
[
42
]
In July 2024, Lutnick and presidential candidate
Donald Trump
spoke at a
Bitcoin
conference in
Nashville, Tennessee
, in which Lutnick announced Cantor Fitzgerald would open a
US$2
billion lending facility with Bitcoin as collateral.
[
43
]
As of October, Cantor Fitzgerald manages the majority of Tether's reserve assets, including over
US$80
billion in
Treasury securities
.
[
44
]
The firm has also invested in political endeavors, including by encouraging
Rumble
, an
alt-tech
video hosting company, to go public, advising a business operated by
Omeed Malik
, and investing in Strive Enterprises, an asset management company owned by
Vivek Ramaswamy
.
[
45
]
In February 2025, after being confirmed by the
Senate
as the
United States secretary of commerce
, Lutnick named his sons, Brandon and Kyle, who were in their 20s, as chairman and executive vice chairman, respectively. In addition, Sage Kelly, Pascal Bandelier, and Christian Wall were named to lead Cantor's investment banking, equities, and fixed income divisions, respectively.
[
46
]
During his time in the White House as commerce secretary, Lutnick has pushed for projects and investments that benefitted his family.
[
47
]
New York Times
wrote in November 2025, "never in modern U.S. history has the office intersected so broadly and deeply with the financial interests of the commerce secretary’s own family, according to interviews with ethics lawyers and historians."
[
47
]
Philanthropy (2001–present)
After the
September 11 attacks
, Lutnick donated
US$1
million to the Cantor Fitzgerald Foundation.
[
7
]
He established the Cantor Fitzgerald Relief Fund, which began donating
US$5,000
to families of victims with one or more children in October 2001.
[
31
]
Cantor Fitzgerald
donated
US$4
million to the fund in September 2002.
[
48
]
Cantor Fitzgerald and
BGC Partners
has held an annual charity day on September 11; by September 2014, the event raised
US$101
million for non-profits dedicated to the attacks, including the September 11th Education Trust.
[
4
]
As of September 2006, the fund has donated
US$180
million to families.
[
30
]
In 2008, Lutnick appeared on
The Celebrity Apprentice
, hosted by
Donald Trump
in a charity auction.
[
45
]
The Cantor Fitzgerald Relief Fund has also donated to hurricane relief, including
Hurricane Harvey
in 2017.
[
49
]
With senator
Chuck Schumer
, Lutnick appeared at P.S. 256 to personally donate
US$1,000
debit cards to families affected by
Hurricane Sandy
.
[
50
]
He gave debit cards of an equal amount to victims of the
2013 Moore tornado
.
[
51
]
Lutnick is the largest benefactor to
Haverford College
.
[
52
]
As of October 2014, when he gave the largest single donation to the college—valued at
US$25
million, he has donated
US$65
million in total.
[
3
]
Lutnick's donations have gone towards the library named after him; the Douglas B. Gardner Integrated Athletic Center; the Cantor Fitzgerald Gallery;
[
12
]
and the Gary Lutnick Tennis & Track Center, among other facilities.
[
53
]
Political activities (2016–present)
Lutnick with president
Donald Trump
in February 2025
Lutnick, a lifelong Democrat, is now a registered
Republican
; in an interview with the
Wall Street Journal
, he described himself as a
fiscal conservative
and
social liberal
who left the
Democratic Party
after he felt that the party had shifted further to the
political left
. In the
2016 United States elections
, he donated to presidential candidate
Hillary Clinton
and
Senate
candidate
Kamala Harris
.
[
54
]
He later attributed those donations to his wife.
[
45
]
A
Bloomberg News
and
OpenSecrets
analysis found that the Lutnicks have given political donations since 1989.
[
45
]
In May 2019,
The New York Times
disclosed that Lutnick had hosted a fundraiser for U.S. president and presidential candidate
Donald Trump
that raised more than
US$5
million.
[
55
]
Five years later, he hosted a fundraiser for
South Carolina
senator
Tim Scott
.
[
56
]
Lutnick co-hosted a fundraiser for
Donald Trump
in
London
in June 2024 that was organized by
Duke Buchan
.
[
57
]
In August, he raised
US$15
million
[
58
]
for Trump at his home in
Bridgehampton, New York
.
[
59
]
The event caused traffic delays from
Riverhead
to
Amagansett
through the night.
[
60
]
That month, Lutnick was appointed co-chair of
Trump's transition team
[
61
]
overseeing personnel.
[
62
]
With
Woody Johnson
and
Kimberly Guilfoyle
, he committed to donate
US$2.5
million and joined the Trump Victory Trust.
[
63
]
By September, he had raised
US$11
million for Trump, according to Bloomberg News,
[
45
]
including a
US$5
million donation to
MAGA Inc.
[
64
]
He appeared at
a rally
for Trump at
Madison Square Garden
with
Elon Musk
in October.
[
54
]
As co-chairman of Trump's transition team, Lutnick prioritized loyalty to Trump in his hiring decisions.
[
65
]
After meeting with
Robert F. Kennedy Jr.
in October, Lutnick claimed that he was convinced that
vaccines cause autism
, and that the
National Childhood Vaccine Injury Act
had allowed vaccine manufacturers to be reckless in the production process.
[
66
]
He told the
New York Post
that month that
The Heritage Foundation
, which led
Project 2025
, was "radioactive".
[
67
]
In 2025, Lutnick was one of the donors who funded the White House's
East Wing demolition
, and planned building of a ballroom.
[
68
]
Board memberships and assets
In January 2006, Lutnick was named to the board of the
World Trade Center Memorial Foundation
.
[
69
]
As of November 2024, he is a member of the
Partnership for New York City
's board
[
70
]
and
Weill Cornell Medicine
.
[
71
]
From July 2003 to June 2024, he served as a board member of the
Horace Mann School
.
[
72
]
Lutnick's financial disclosure form, released in January 2025, revealed that he had at least
US$806
million in assets. He declared shares in
GE Aerospace
,
GE Healthcare
,
The Walt Disney Company
,
Nasdaq, Inc.
, and the musical
Kimberly Akimbo
. In 2019 and 2023, he borrowed more than
US$100
million from
Bank of America
.
[
73
]
Secretary of commerce (2025–present)
Nomination and confirmation
Lutnick being sworn in as secretary of commerce on February 21, 2025.
Following the
2024 presidential election
, Lutnick was being considered as
secretary of the treasury
.
[
74
]
Within a week, discussions had narrowed to Lutnick and
Scott Bessent
, who was viewed as the front-runner until Lutnick began to advocate for himself. According to
Politico
, the decision was being delayed by Lutnick's role in providing information to
Donald Trump
.
[
75
]
The New York Times
reported that Trump had expressed reservations about Lutnick, portraying him as a constant presence and a manipulator, leading to further delays as he broadened his list of candidates.
[
76
]
Lutnick was endorsed to the position by
Elon Musk
, a Trump advisor; Musk considered Bessent as a "business-as-usual choice."
[
77
]
On November 19, 2024, Trump selected Lutnick as his nominee for
secretary of commerce
.
[
78
]
In the months after the election, Lutnick privately negotiated with companies and countries on
Trump's economic policy
. According to the
New York Times
, Lutnick privately encouraged Trump to seek a trade agreement with China, believing that he was in an advantageous position.
[
79
]
Lutnick appeared before the
Senate Committee on Commerce, Science, and Transportation
on January 29, 2025, where he promoted tariffs and vowed greater action on
China
and its advances in
artificial intelligence
, particularly the release of
DeepSeek R1
.
[
80
]
In February 2025, the
New York Times
reported that he had been involved in discussions to offer
Intel
's manufacturing facilities to
TSMC
.
[
81
]
On February 18, 2025, Lutnick was confirmed by the
Senate
in a 51–45 vote.
[
82
]
Democratic
senators
Cory Booker
and
Gary Peters
, as well as
Republican
senators
Jerry Moran
and
Dan Sullivan
, did not vote.
[
83
]
He was sworn in on February 21.
[
84
]
Tenure
Lutnick meeting with British
Secretary of State for Business and Trade
Jonathan Reynolds
at
10 Downing Street
; June 10, 2025.
Lutnick has supported Trump's trade policy, including the
second Trump tariffs
.
[
85
]
Prior to his confirmation, Lutnick was directed by Trump to impose reciprocal tariffs, telling reporters that the
Department of Commerce
's work would be completed by April
1.
[
86
]
In his first meeting with an international official, Lutnick—joined by
United States trade representative
nominee
Jamieson Greer
and
National Economic Council
chairman
Kevin Hassett
—discussed trade with
Maroš Šefčovič
, the European commissioner for trade and economic security.
[
87
]
Following his confirmation, Lutnick received a congratulatory letter from
Wang Wentao
, the Chinese minister of commerce, expressing dissatisfaction with U.S. tariffs on Chinese goods and that China was willing to resolve "respective concerns through equal dialogue and consultation."
[
88
]
Lutnick meeting European Commissioner for Trade
Maroš Šefčovič
at the
56th World Economic Forum
in
Davos
(2026)
After Trump initiated
a trade war
with
Canada
and
Mexico
, Lutnick was involved in negotiations with foreign leaders.
[
89
]
In an interview on
Meet the Press
in March 2025, Lutnick said there was "no chance" of a recession due to
Trump's economic policies
.
[
90
]
According to
Politico
, he received internal criticism for the tariffs.
[
91
]
Later that month, Lutnick said the tariffs would be "worth it" even if they lead to a recession.
[
92
]
In an interview with the
Toronto Star
, Lutnick justified imposing tariffs on Canada, citing offshoring and fentanyl.
[
42
]
That month, Lutnick encouraged
Fox News
viewers to purchase stock in
Tesla
, stating that Tesla stock "will never be this cheap again," which allegedly violated federal ethics rules due to his federal government position.
[
93
]
In a podcast interview that month, he stated that only a "fraudster" would be concerned and complain about a missed
Social Security
check, so "the easiest way to find the fraudster is to stop payments and listen" for complaints.
[
94
]
By April, Lutnick had instituted a policy at the
National Oceanic and Atmospheric Administration
that all contracts over $100,000 had to be personally approved by him.
[
95
]
The policy caused a
bottleneck
and, by that month, contracts for maintenance and
janitorial
service at facilities,
emergency alert
translations, and
web hosting
had lapsed.
[
96
]
Later that month, Lutnick publicly promoted "great jobs of the future" for the United States, "where you work in these [factory] plants for the rest of your life, and your kids work here, and your grandkids work here," as he gave the example of factory robot technician jobs.
[
97
]
Personal life
Marriage
In December 1994, Lutnick married Allison Lambert, a senior associate at
Wilson Elser Moskowitz Edelman & Dicker
.
[
1
]
Allison was appointed a trustee of the
John F. Kennedy Center for the Performing Arts
in February 2025 after President
Donald Trump
appointed himself as the center's chairman.
[
98
]
The Lutnicks have four children.
[
54
]
Relationship with Jeffrey Epstein
Lutnick testifies before the
Senate Appropriations Committee
on his relationship with Epstein; February 10, 2026.
Lutnick said in October 2025 interview that he was neighbors with
Jeffrey Epstein
but swore in 2005 that he would never be in the same room ever again with him due to his "disgusting" behavior at a meeting with Epstein, Lutnick, and Lutnick's wife. As Lutnick explained at that meeting he had asked why Epstein had a massage table in the middle of his house: "I say to him, 'Massage table in the middle of your house? How often do you have a massage?...And he says, 'Every day.' And then he gets, like weirdly close to me, and he says, 'And the right kind of massage'...[I]n the six to eight steps it takes to get from his house to my house, my wife and I decided that I will never be in the room with that disgusting person ever again."
[
99
]
Despite this, Lutnick went on to have various contact with Epstein for many years afterward.
[
99
]
In January 2026, newly released
Epstein files
showed extensive contact between Lutnick and Epstein over several years. A longtime Epstein aide reached out to Lutnick in November 2012 to arrange a meeting while Lutnick was in
Saint Thomas
; Lutnick, accompanied by his wife Allison and their four children, agreed to a lunch on December 23 on Epstein's private island. Emails showed Lutnick and his wife coordinating logistics, including where to dock their yacht at
Little Saint James
. The day after the scheduled meeting,
BBC News
reported that Lutnick "received an email from a redacted sender that said Epstein wanted to pass a message to him, which said: 'Nice seeing you'—suggesting that at least one visit did happen."
[
99
]
The two also had drinks together on another occasion in 2011 according to Epstein's schedule. In November 2015, Epstein received an invitation from Lutnick to a fundraiser at his financial firm for
Hillary Clinton's presidential campaign
. In 2017, the two men discussed plans about the construction of a building across the street from both of their homes. The next year, Epstein contributed to a philanthropic dinner hosted by Lutnick.
[
100
]
[
101
]
When asked about the emails, Lutnick told
The New York Times
"I spent zero time with him" and hung up. A Commerce Department spokesman said Lutnick had "limited interactions" with Epstein "in the presence of his wife" and has never been accused of wrongdoing.
[
101
]
On February 10, 2026, Lutnick testified before the
Senate Appropriations Committee
on his relationship with Epstein. Here, Lutnick admitted that in December 2012, four years after Epstein's conviction, Lutnick and his wife and children visited
Little Saint James
where they had lunch with Epstein.
[
102
]
The hearing led to bipartisan criticism, and calls for Lutnick's resignation.
[
103
]
Properties
In 1998, Lutnick purchased a
Manhattan
property at 11 East 71st Street, behind the
Henry Clay Frick House
, from the Comet Trust. Lutnick had extensively renovated its interior by May 2001.
[
104
]
Lutnick still owns his mansion, as of 2025. This property is next door to the
Herbert N. Straus House
, the Manhattan home of Jeffrey Epstein from 1995 until his death.
[
105
]
Lutnick also lives in
Bridgehampton, New York
, on a 40-acre property he purchased in 2003 for
US$15
million. In December 2024, he purchased
Bret Baier
's home in
Washington, D.C.
, for
US$25
million, setting the record for the most expensive house in the city. The property is inspired by the Château du Grand-Lucé.
[
106
]
According to the
New York Times
, the purchase—among others by wealthy members of the Trump administration—contributed to an increase in Washington, D.C.'s luxury real estate market.
[
107
]
Additionally, Lutnick owns the penthouse of
The Pierre
and a condo on the ocean north of
Miami Beach
.
[
108
]
Health
In October 2021, Lutnick disclosed that he had been diagnosed with
non-Hodgkin's lymphoma
. He began
chemotherapy
shortly thereafter.
[
109
]
By September 2024, he was cancer-free.
[
45
]
Awards
Lutnick is a recipient of the
Navy Distinguished Public Service Award
.
[
71
]
In 2025, he was named one of
the world's 100 most influential people
by
Time
.
[
110
]
In popular culture
Lutnick is prominently featured in the 2013 documentary
Out of the Clear Blue Sky
, directed by Danielle Gardner, which examines the destruction and rebuilding of Cantor Fitzgerald following the September 11 attacks. The film highlights Lutnick's efforts to preserve the company after the attack, including by controversially stopping salaries to the families of victims.
[
111
]
Notes
^
Solomon and Jane had one child before and after Lutnick: Edith
[
4
]
"Edie"
[
5
]
(born 1959/1960
[
3
]
[
6
]
) and Gary (1964/1965–2001).
[
7
]
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## Contents
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- [(Top)](https://en.wikipedia.org/wiki/Howard_Lutnick)
- [1 Early life and education](https://en.wikipedia.org/wiki/Howard_Lutnick#Early_life_and_education)
- [2 Career](https://en.wikipedia.org/wiki/Howard_Lutnick#Career)
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- [2\.1 Cantor Fitzgerald](https://en.wikipedia.org/wiki/Howard_Lutnick#Cantor_Fitzgerald)
- [2\.2 Philanthropy (2001–present)](https://en.wikipedia.org/wiki/Howard_Lutnick#Philanthropy_\(2001%E2%80%93present\))
- [2\.3 Political activities (2016–present)](https://en.wikipedia.org/wiki/Howard_Lutnick#Political_activities_\(2016%E2%80%93present\))
- [2\.4 Board memberships and assets](https://en.wikipedia.org/wiki/Howard_Lutnick#Board_memberships_and_assets)
- [3 Secretary of commerce (2025–present)](https://en.wikipedia.org/wiki/Howard_Lutnick#Secretary_of_commerce_\(2025%E2%80%93present\))
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- [3\.1 Nomination and confirmation](https://en.wikipedia.org/wiki/Howard_Lutnick#Nomination_and_confirmation)
- [3\.2 Tenure](https://en.wikipedia.org/wiki/Howard_Lutnick#Tenure)
- [4 Personal life](https://en.wikipedia.org/wiki/Howard_Lutnick#Personal_life)
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- [4\.1 Marriage](https://en.wikipedia.org/wiki/Howard_Lutnick#Marriage)
- [4\.2 Relationship with Jeffrey Epstein](https://en.wikipedia.org/wiki/Howard_Lutnick#Relationship_with_Jeffrey_Epstein)
- [4\.3 Properties](https://en.wikipedia.org/wiki/Howard_Lutnick#Properties)
- [4\.4 Health](https://en.wikipedia.org/wiki/Howard_Lutnick#Health)
- [4\.5 Awards](https://en.wikipedia.org/wiki/Howard_Lutnick#Awards)
- [4\.6 In popular culture](https://en.wikipedia.org/wiki/Howard_Lutnick#In_popular_culture)
- [5 Notes](https://en.wikipedia.org/wiki/Howard_Lutnick#Notes)
- [6 References](https://en.wikipedia.org/wiki/Howard_Lutnick#References)
- [7 External links](https://en.wikipedia.org/wiki/Howard_Lutnick#External_links)
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# Howard Lutnick
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From Wikipedia, the free encyclopedia
American businessman and government official (born 1961)
| Howard Lutnick | |
|---|---|
| [](https://en.wikipedia.org/wiki/File:Howard_Lutnick_2025.jpg)Official portrait, 2025 | |
| 41st [United States Secretary of Commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") | |
| **[Incumbent](https://en.wikipedia.org/wiki/Incumbent "Incumbent")** | |
| **Assumed office** February 21, 2025 | |
| President | [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") |
| [Deputy](https://en.wikipedia.org/wiki/Deputy_United_States_Secretary_of_Commerce "Deputy United States Secretary of Commerce") | [Paul Dabbar](https://en.wikipedia.org/wiki/Paul_Dabbar "Paul Dabbar") |
| Preceded by | [Gina Raimondo](https://en.wikipedia.org/wiki/Gina_Raimondo "Gina Raimondo") |
| Personal details | |
| Born | Howard William Lutnick (1961-07-14) July 14, 1961 (age 64) [Long Island](https://en.wikipedia.org/wiki/Long_Island "Long Island"), [New York](https://en.wikipedia.org/wiki/New_York_\(state\) "New York (state)"), U.S. |
| [Party](https://en.wikipedia.org/wiki/Political_party "Political party") | [Republican](https://en.wikipedia.org/wiki/Republican_Party_\(United_States\) "Republican Party (United States)") (since 2016) |
| Other political affiliations | [Democratic](https://en.wikipedia.org/wiki/Democratic_Party_\(United_States\) "Democratic Party (United States)") (until 2016) |
| Spouse | Allison Lambert ( m. 1994\) |
| Children | 4 |
| Education | [Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College") ([BA](https://en.wikipedia.org/wiki/Bachelor_of_Arts "Bachelor of Arts")) |
**Howard William Lutnick** (born July 14, 1961) is an American businessman and government official who has served as the 41st [United States secretary of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") since 2025.
In 1983, Lutnick was hired at [Cantor Fitzgerald](https://en.wikipedia.org/wiki/Cantor_Fitzgerald "Cantor Fitzgerald") under the mentorship of the firm's founder, [B. Gerald Cantor](https://en.wikipedia.org/wiki/B._Gerald_Cantor "B. Gerald Cantor"). In 1990, Lutnick became president and chief executive of Cantor Fitzgerald. After Cantor's declining health in 1995, Lutnick became involved in a contentious legal battle with Cantor's wife, [Iris](https://en.wikipedia.org/wiki/Iris_Cantor "Iris Cantor"), over succession plans, filing suit in [Delaware](https://en.wikipedia.org/wiki/Delaware "Delaware") court claiming Cantor lacked sufficient mental capacity to make decisions. Following a settlement that gave Lutnick management control, he was appointed chairman of Cantor Fitzgerald after Cantor's death in 1996. He invested significantly in technology, establishing an [electronic trading platform](https://en.wikipedia.org/wiki/Electronic_trading_platform "Electronic trading platform") known as [eSpeed](https://en.wikipedia.org/wiki/ESpeed "ESpeed"). In the [September 11 attacks](https://en.wikipedia.org/wiki/September_11_attacks "September 11 attacks"), Cantor Fitzgerald lost 658 employees, including Howard's brother, Gary. Lutnick's handling of the aftermath, including the immediate cessation of salaries to families of deceased employees, drew both praise for his efforts to rebuild the firm and criticism from victims' families.
After fundraising for [Hillary Clinton](https://en.wikipedia.org/wiki/Hillary_Clinton "Hillary Clinton") in [2016](https://en.wikipedia.org/wiki/Hillary_Clinton_2016_presidential_campaign "Hillary Clinton 2016 presidential campaign"), Lutnick was a fundraiser for [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump")'s [2020](https://en.wikipedia.org/wiki/Donald_Trump_2020_presidential_campaign "Donald Trump 2020 presidential campaign") and [2024](https://en.wikipedia.org/wiki/Donald_Trump_2024_presidential_campaign "Donald Trump 2024 presidential campaign") presidential campaigns and a vocal proponent of Trump's tariff proposals. In August 2024, he was named co-chair of Donald Trump's [presidential transition](https://en.wikipedia.org/wiki/Second_presidential_transition_of_Donald_Trump "Second presidential transition of Donald Trump") team. President-elect Trump nominated Lutnick for Secretary of Commerce in November 2024. Following a [Senate Committee on Commerce, Science, and Transportation](https://en.wikipedia.org/wiki/United_States_Senate_Committee_on_Commerce,_Science,_and_Transportation "United States Senate Committee on Commerce, Science, and Transportation") hearing in January 2025, he was confirmed by the [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") in February. As commerce secretary, he has advocated for tariffs and made controversial statements regarding [Social Security](https://en.wikipedia.org/wiki/Social_Security_\(United_States\) "Social Security (United States)") payments. *[Time](https://en.wikipedia.org/wiki/Time_\(magazine\) "Time (magazine)")* listed Lutnick as one of [the world's 100 most influential people](https://en.wikipedia.org/wiki/Time_100 "Time 100") in 2025.
## Early life and education
[](https://en.wikipedia.org/wiki/File:Haverfordfounders.jpg)
[Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College"), where Lutnick studied, pictured in 2010
Howard William Lutnick[\[1\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-wed-1) was born on July 14, 1961,[\[2\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gordon-2) on [Long Island](https://en.wikipedia.org/wiki/Long_Island "Long Island"), [New York](https://en.wikipedia.org/wiki/New_York_\(state\) "New York (state)").[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3) He was the second son of [Solomon](https://en.wikipedia.org/wiki/Solomon_Lutnick "Solomon Lutnick") and Jane (née Lieberman) Lutnick.[\[a\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-8)[\[8\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-Jane-obit-9) Solomon was a professor of history at [Queens College, City University of New York](https://en.wikipedia.org/wiki/Queens_College,_City_University_of_New_York "Queens College, City University of New York"), while Jane was a painter and sculptor[\[1\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-wed-1) who taught at the [C.W. Post Campus of Long Island University](https://en.wikipedia.org/wiki/LIU_Post "LIU Post").[\[9\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-10) Lutnick is of [Jewish](https://en.wikipedia.org/wiki/Jews "Jews") descent.[\[10\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-11) He was raised in [Jericho, New York](https://en.wikipedia.org/wiki/Jericho,_New_York "Jericho, New York"),[\[2\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gordon-2) and attended [Jericho High School](https://en.wikipedia.org/wiki/Jericho_High_School "Jericho High School").[\[11\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Bolger-12) In February 1978,[\[8\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-Jane-obit-9) during Lutnick's junior year, Jane died of [lymphoma](https://en.wikipedia.org/wiki/Lymphoma "Lymphoma"). Lutnick attended [Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College") as a Division III tennis recruit.[\[12\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Roth24-13) In Lutnick's first week of classes, Solomon died of a [chemotherapy](https://en.wikipedia.org/wiki/Chemotherapy "Chemotherapy") drug overdose; he was being treated for [colon cancer](https://en.wikipedia.org/wiki/Colon_cancer "Colon cancer") that had [metastasized](https://en.wikipedia.org/wiki/Metastasis "Metastasis") to his lungs. [Robert Stevens](https://en.wikipedia.org/wiki/Robert_Stevens_\(lawyer\) "Robert Stevens (lawyer)"), the president of Haverford College, offered to waive his fees to the university. At Haverford, Lutnick became captain of the tennis team. He graduated in 1983 with a degree in economics.[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3)
## Career
### Cantor Fitzgerald
[](https://en.wikipedia.org/wiki/File:World_Trade_Center,_New_York_City_-_aerial_view_\(March_2001\).jpg)
[1 World Trade Center](https://en.wikipedia.org/wiki/1_World_Trade_Center_\(1971%E2%80%932001\) "1 World Trade Center (1971–2001)") (left), Cantor Fitzgerald's corporate headquarters until [its destruction](https://en.wikipedia.org/wiki/Collapse_of_the_World_Trade_Center "Collapse of the World Trade Center")
After graduating, Lutnick worked at Noonan, Astley & Pierce as a broker for the [United States dollar](https://en.wikipedia.org/wiki/United_States_dollar "United States dollar")–[Japanese yen](https://en.wikipedia.org/wiki/Japanese_yen "Japanese yen") exchange, where he met [B. Gerald Cantor](https://en.wikipedia.org/wiki/B._Gerald_Cantor "B. Gerald Cantor").[\[13\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Q&A-14) In 1983, Cantor took Lutnick as his protégé and hired him at his eponymous firm, [Cantor Fitzgerald](https://en.wikipedia.org/wiki/Cantor_Fitzgerald "Cantor Fitzgerald"), encouraged by Rod Fisher, a partner at the firm and Cantor's nephew.[\[14\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Eat-15) Within a year and a half, Lutnick had steadily ascended within the firm, becoming the chief executive of a division of Cantor Fitzgerald that managed the personal investments of Cantor and his associates. He brought additional clients, increasing its profitability to become one of Cantor Fitzgerald's most lucrative divisions.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16) By December 1990, Lutnick was appointed Cantor's successor in the event of his death.[\[14\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Eat-15) In 1991,[\[16\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-eSpeed-17) after a failed attempt by Cantor Fitzgerald's president to oust him, Lutnick became the firm's chief executive[\[17\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-18) and president.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16) The following year, Cantor restructured Cantor Fitzgerald to a partnership and implemented a succession plan, abandoning his previous effort to give the company to a charitable foundation.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16)
In 1990, Cantor began undergoing [kidney dialysis](https://en.wikipedia.org/wiki/Kidney_dialysis "Kidney dialysis"), and in December 1995, he was hospitalized in [New York](https://en.wikipedia.org/wiki/New_York_\(state\) "New York (state)"). Lutnick moved to implement a succession plan at Cantor Fitzgerald, allowing him to become a managing general partner at the firm. The lack of involvement of Cantor's family infuriated its members, including his wife, [Iris Cantor](https://en.wikipedia.org/wiki/Iris_Cantor "Iris Cantor"), whose attorneys had argued with Lutnick's attorneys. In March 1996, Lutnick and his division, CF Group Management, filed a lawsuit in [Delaware](https://en.wikipedia.org/wiki/Delaware "Delaware") to enforce the plan, arguing that Cantor did not possess "sufficient mental capacity" to understand the legal documents he was signing. *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* noted that Lutnick had already lost the necessary support of the Cantors.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16) The partners settled in May, allowing Lutnick to retain management control while the Cantors hold a limited partnership stake.[\[18\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-19) In July, Cantor died.[\[19\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-20) As chairman[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3) of Cantor Fitzgerald, Lutnick sought to broker deals with larger investment companies such as [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank") and [Merrill Lynch](https://en.wikipedia.org/wiki/Merrill_\(company\) "Merrill (company)").[\[20\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-21)
Lutnick heralded technology at Cantor Fitzgerald. In September 1998, the firm began [electronic trading](https://en.wikipedia.org/wiki/Electronic_trading "Electronic trading") for futures contracts on [Treasury bonds](https://en.wikipedia.org/wiki/Treasury_bond "Treasury bond") and [notes](https://en.wikipedia.org/wiki/Treasury_note "Treasury note"),[\[21\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-22) developing [eSpeed](https://en.wikipedia.org/wiki/ESpeed "ESpeed"), an [electronic trading platform](https://en.wikipedia.org/wiki/Electronic_trading_platform "Electronic trading platform"), with an investment of US\$250 million. eSpeed was released in March 1999.[\[16\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-eSpeed-17) In addition, Lutnick diversified Cantor's investments, seeking to establish a brokering business in Europe—spending at least US\$43 million since 1994—and a futures exchange known as [Cantor Exchange](https://en.wikipedia.org/wiki/Cantor_Exchange "Cantor Exchange"), though it traded significantly fewer contracts than its competitors, including the [Chicago Board of Trade](https://en.wikipedia.org/wiki/Chicago_Board_of_Trade "Chicago Board of Trade").[\[14\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Eat-15) Businessman [Michael Spencer](https://en.wikipedia.org/wiki/Michael_Spencer "Michael Spencer") noted that eSpeed had become a dominant market in [Treasury securities](https://en.wikipedia.org/wiki/United_States_Treasury_security "United States Treasury security") trading, but had not achieved similar successes in other markets. By September 2001, eSpeed had created four dozen marketplaces, including TradeSpark, an exchange for natural gas and electricity.[\[13\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Q&A-14) After the [Enron scandal](https://en.wikipedia.org/wiki/Enron_scandal "Enron scandal"), TradeSpark received a surge in usage.[\[22\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2002a-23)
At the time of the [terrorist attacks on September 11, 2001](https://en.wikipedia.org/wiki/September_11_attacks "September 11 attacks"), Cantor Fitzgerald was headquartered in [the North Tower](https://en.wikipedia.org/wiki/1_World_Trade_Center_\(1970%E2%80%932001\) "1 World Trade Center (1970–2001)") of the [World Trade Center](https://en.wikipedia.org/wiki/World_Trade_Center_\(1973%E2%80%932001\) "World Trade Center (1973–2001)"). The company occupied several floors just above where [American Airlines Flight 11](https://en.wikipedia.org/wiki/American_Airlines_Flight_11 "American Airlines Flight 11") crashed into the building. Of the 960 total employees who worked for Cantor Fitzgerald in New York City, all 658 who were in the office on the day of the attacks died.[\[23\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Craig-24)[\[24\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-25) Lutnick was scheduled to go into the office that day, but he had taken his son to kindergarten. His brother, Gary, did not survive.[\[7\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-Lee-7) Cantor Fitzgerald's operations in [London](https://en.wikipedia.org/wiki/London "London") and [New Jersey](https://en.wikipedia.org/wiki/New_Jersey "New Jersey") allowed eSpeed to continue trading.[\[25\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-26) Lutnick's interviews with [Connie Chung](https://en.wikipedia.org/wiki/Connie_Chung "Connie Chung") on [ABC News](https://en.wikipedia.org/wiki/ABC_News_\(United_States\) "ABC News (United States)") were widely publicized[\[26\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-27) and he became nationally recognized.[\[27\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-28) Internally, however, he garnered criticism from families of employees at Cantor Fitzgerald for the company's refusal to continue paying any part of the salaries owed to employees who were ultimately killed in the attack. According to Lutnick, getting this authorized was beyond practical: banks would not endorse the continued payment of two-thirds of their employees, particularly when they were well-aware that said employees were deceased and no longer active employees of the company. However, the relief the company obtained by way of its freedom from those very salary obligations provided Cantor Fitzgerald with an indispensable safety net in the immediate, uncertain aftermath.[\[28\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-29) The [American Red Cross](https://en.wikipedia.org/wiki/American_Red_Cross "American Red Cross") offered as much as US\$30,000 to the families of the victims after Lutnick appealed to the organization's president and chief executive, [Bernadine Healy](https://en.wikipedia.org/wiki/Bernadine_Healy "Bernadine Healy").[\[29\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-30) Lutnick attended twenty funerals a day for over a month.[\[30\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-BBC-31) In October, Cantor Fitzgerald began distributing US\$45 million to families.[\[31\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2001b-32) In February 2002, the firm announced it would divide US\$4.9 million in profit to survivors.[\[32\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2002b-33)
[](https://en.wikipedia.org/wiki/File:Howard_Lutnick,_Cantor_Fitzgerald_Chairman_and_CEO.jpg)
Lutnick speaking at a *[Financial Times](https://en.wikipedia.org/wiki/Financial_Times "Financial Times")* event in November 2007
A year after the attacks, Lutnick began negotiations to relocate Cantor Fitzgerald to [Union Square, Manhattan](https://en.wikipedia.org/wiki/Union_Square,_Manhattan "Union Square, Manhattan"), at [14th Street](https://en.wikipedia.org/wiki/14th_Street_\(Manhattan\) "14th Street (Manhattan)") between [Broadway](https://en.wikipedia.org/wiki/Broadway_\(Manhattan\) "Broadway (Manhattan)") and [University Place](https://en.wikipedia.org/wiki/University_Place_\(Manhattan\) "University Place (Manhattan)"), from the firm's temporary headquarters at 135 East 57th Street.[\[33\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Bagli-34)[\[34\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-35) He requested US\$50 million for the initiative from the [United States Congress](https://en.wikipedia.org/wiki/United_States_Congress "United States Congress") and formed a working relationship with [Florida](https://en.wikipedia.org/wiki/Florida "Florida") representative [Bill Young](https://en.wikipedia.org/wiki/Bill_Young_\(Florida_politician\) "Bill Young (Florida politician)"), the chairman of the [House Committee on Appropriations](https://en.wikipedia.org/wiki/United_States_House_Committee_on_Appropriations "United States House Committee on Appropriations"), but the final legislation signed by president [George W. Bush](https://en.wikipedia.org/wiki/George_W._Bush "George W. Bush") did not explicitly mention Cantor Fitzgerald and was less than what Lutnick had requested at US\$33 million.[\[33\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Bagli-34) The deal later fell through, and Lutnick began considering 10 Hanover Square[\[35\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-36) before moving into 110 East 59th Street, fulfilling his vow to never return to [Lower Manhattan](https://en.wikipedia.org/wiki/Lower_Manhattan "Lower Manhattan").[\[36\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-37) By December 2002, Cantor Fitzgerald had 750 employees in New York.[\[23\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Craig-24) In August 2004, the firm established a partnership, [BGC Partners](https://en.wikipedia.org/wiki/BGC_Partners "BGC Partners"), for its voice brokerage business.[\[37\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-38) Lutnick was appointed the chief executive of Cantor Fitzgerald's fixed-income trading and sales business, succeeding Irvin Goldman, in October 2007.[\[38\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-39)
In January 2017, [Anshu Jain](https://en.wikipedia.org/wiki/Anshu_Jain "Anshu Jain"), a former [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank") executive, joined Cantor Fitzgerald as its president;[\[39\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-40) Jain died in 2022.[\[40\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-41) By September 2018, Lutnick was worth US\$1.5 billion, according to the [Bloomberg Billionaires Index](https://en.wikipedia.org/wiki/Bloomberg_Billionaires_Index "Bloomberg Billionaires Index").[\[41\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-42) Since 2020, Cantor Fitzgerald has invested in cryptocurrency, particularly [Tether](https://en.wikipedia.org/wiki/Tether_\(cryptocurrency\) "Tether (cryptocurrency)"), a major cryptocurrency company which has been implicated in money laundering and sanctions evasion by regimes in [Russia](https://en.wikipedia.org/wiki/Russia "Russia"), [Iran](https://en.wikipedia.org/wiki/Iran "Iran"), and [North Korea](https://en.wikipedia.org/wiki/North_Korea "North Korea").[\[42\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Woods-43) In July 2024, Lutnick and presidential candidate [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") spoke at a [Bitcoin](https://en.wikipedia.org/wiki/Bitcoin "Bitcoin") conference in [Nashville, Tennessee](https://en.wikipedia.org/wiki/Nashville,_Tennessee "Nashville, Tennessee"), in which Lutnick announced Cantor Fitzgerald would open a US\$2 billion lending facility with Bitcoin as collateral.[\[43\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-44) As of October, Cantor Fitzgerald manages the majority of Tether's reserve assets, including over US\$80 billion in [Treasury securities](https://en.wikipedia.org/wiki/United_States_Treasury_security "United States Treasury security").[\[44\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-45) The firm has also invested in political endeavors, including by encouraging [Rumble](https://en.wikipedia.org/wiki/Rumble_\(company\) "Rumble (company)"), an [alt-tech](https://en.wikipedia.org/wiki/Alt-tech "Alt-tech") video hosting company, to go public, advising a business operated by [Omeed Malik](https://en.wikipedia.org/wiki/Omeed_Malik "Omeed Malik"), and investing in Strive Enterprises, an asset management company owned by [Vivek Ramaswamy](https://en.wikipedia.org/wiki/Vivek_Ramaswamy "Vivek Ramaswamy").[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46)
In February 2025, after being confirmed by the [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") as the [United States secretary of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce"), Lutnick named his sons, Brandon and Kyle, who were in their 20s, as chairman and executive vice chairman, respectively. In addition, Sage Kelly, Pascal Bandelier, and Christian Wall were named to lead Cantor's investment banking, equities, and fixed income divisions, respectively.[\[46\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-47) During his time in the White House as commerce secretary, Lutnick has pushed for projects and investments that benefitted his family.[\[47\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Lipton-2025-48) *New York Times* wrote in November 2025, "never in modern U.S. history has the office intersected so broadly and deeply with the financial interests of the commerce secretary’s own family, according to interviews with ethics lawyers and historians."[\[47\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Lipton-2025-48)
### Philanthropy (2001–present)
After the [September 11 attacks](https://en.wikipedia.org/wiki/September_11_attacks "September 11 attacks"), Lutnick donated US\$1 million to the Cantor Fitzgerald Foundation.[\[7\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-Lee-7) He established the Cantor Fitzgerald Relief Fund, which began donating US\$5,000 to families of victims with one or more children in October 2001.[\[31\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2001b-32) [Cantor Fitzgerald](https://en.wikipedia.org/wiki/Cantor_Fitzgerald "Cantor Fitzgerald") donated US\$4 million to the fund in September 2002.[\[48\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-49) Cantor Fitzgerald and [BGC Partners](https://en.wikipedia.org/wiki/BGC_Partners "BGC Partners") has held an annual charity day on September 11; by September 2014, the event raised US\$101 million for non-profits dedicated to the attacks, including the September 11th Education Trust.[\[4\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-West-4) As of September 2006, the fund has donated US\$180 million to families.[\[30\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-BBC-31) In 2008, Lutnick appeared on *[The Celebrity Apprentice](https://en.wikipedia.org/wiki/The_Celebrity_Apprentice "The Celebrity Apprentice")*, hosted by [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") in a charity auction.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) The Cantor Fitzgerald Relief Fund has also donated to hurricane relief, including [Hurricane Harvey](https://en.wikipedia.org/wiki/Hurricane_Harvey "Hurricane Harvey") in 2017.[\[49\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-50) With senator [Chuck Schumer](https://en.wikipedia.org/wiki/Chuck_Schumer "Chuck Schumer"), Lutnick appeared at P.S. 256 to personally donate US\$1,000 debit cards to families affected by [Hurricane Sandy](https://en.wikipedia.org/wiki/Hurricane_Sandy "Hurricane Sandy").[\[50\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-51) He gave debit cards of an equal amount to victims of the [2013 Moore tornado](https://en.wikipedia.org/wiki/2013_Moore_tornado "2013 Moore tornado").[\[51\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-52)
Lutnick is the largest benefactor to [Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College").[\[52\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-53) As of October 2014, when he gave the largest single donation to the college—valued at US\$25 million, he has donated US\$65 million in total.[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3) Lutnick's donations have gone towards the library named after him; the Douglas B. Gardner Integrated Athletic Center; the Cantor Fitzgerald Gallery;[\[12\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Roth24-13) and the Gary Lutnick Tennis & Track Center, among other facilities.[\[53\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-54)
### Political activities (2016–present)
[](https://en.wikipedia.org/wiki/File:President_Donald_Trump_signs_Executive_Orders_\(54325856729\).jpg)
Lutnick with president [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") in February 2025
Lutnick, a lifelong Democrat, is now a registered [Republican](https://en.wikipedia.org/wiki/Republican_Party_\(United_States\) "Republican Party (United States)"); in an interview with the *[Wall Street Journal](https://en.wikipedia.org/wiki/Wall_Street_Journal "Wall Street Journal")*, he described himself as a [fiscal conservative](https://en.wikipedia.org/wiki/Fiscal_conservatism "Fiscal conservatism") and [social liberal](https://en.wikipedia.org/wiki/Social_liberalism "Social liberalism") who left the [Democratic Party](https://en.wikipedia.org/wiki/Democratic_Party_\(United_States\) "Democratic Party (United States)") after he felt that the party had shifted further to the [political left](https://en.wikipedia.org/wiki/Left%E2%80%93right_political_spectrum "Left–right political spectrum"). In the [2016 United States elections](https://en.wikipedia.org/wiki/2016_United_States_elections "2016 United States elections"), he donated to presidential candidate [Hillary Clinton](https://en.wikipedia.org/wiki/Hillary_Clinton "Hillary Clinton") and [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") candidate [Kamala Harris](https://en.wikipedia.org/wiki/Kamala_Harris "Kamala Harris").[\[54\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Ensign-55) He later attributed those donations to his wife.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) A [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News") and [OpenSecrets](https://en.wikipedia.org/wiki/OpenSecrets "OpenSecrets") analysis found that the Lutnicks have given political donations since 1989.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) In May 2019, *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* disclosed that Lutnick had hosted a fundraiser for U.S. president and presidential candidate [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") that raised more than US\$5 million.[\[55\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-56) Five years later, he hosted a fundraiser for [South Carolina](https://en.wikipedia.org/wiki/South_Carolina "South Carolina") senator [Tim Scott](https://en.wikipedia.org/wiki/Tim_Scott "Tim Scott").[\[56\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-57)
Lutnick co-hosted a fundraiser for [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") in [London](https://en.wikipedia.org/wiki/London "London") in June 2024 that was organized by [Duke Buchan](https://en.wikipedia.org/wiki/Duke_Buchan "Duke Buchan").[\[57\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-58) In August, he raised US\$15 million[\[58\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-59) for Trump at his home in [Bridgehampton, New York](https://en.wikipedia.org/wiki/Bridgehampton,_New_York "Bridgehampton, New York").[\[59\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-60) The event caused traffic delays from [Riverhead](https://en.wikipedia.org/wiki/Riverhead,_New_York "Riverhead, New York") to [Amagansett](https://en.wikipedia.org/wiki/Amagansett,_New_York "Amagansett, New York") through the night.[\[60\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-61) That month, Lutnick was appointed co-chair of [Trump's transition team](https://en.wikipedia.org/wiki/Second_presidential_transition_of_Donald_Trump "Second presidential transition of Donald Trump")[\[61\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-62) overseeing personnel.[\[62\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-63) With [Woody Johnson](https://en.wikipedia.org/wiki/Woody_Johnson "Woody Johnson") and [Kimberly Guilfoyle](https://en.wikipedia.org/wiki/Kimberly_Guilfoyle "Kimberly Guilfoyle"), he committed to donate US\$2.5 million and joined the Trump Victory Trust.[\[63\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-64) By September, he had raised US\$11 million for Trump, according to Bloomberg News,[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) including a US\$5 million donation to [MAGA Inc.](https://en.wikipedia.org/wiki/Make_America_Great_Again_Inc. "Make America Great Again Inc.")[\[64\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-65) He appeared at [a rally](https://en.wikipedia.org/wiki/2024_Donald_Trump_rally_at_Madison_Square_Garden "2024 Donald Trump rally at Madison Square Garden") for Trump at [Madison Square Garden](https://en.wikipedia.org/wiki/Madison_Square_Garden "Madison Square Garden") with [Elon Musk](https://en.wikipedia.org/wiki/Elon_Musk "Elon Musk") in October.[\[54\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Ensign-55)
As co-chairman of Trump's transition team, Lutnick prioritized loyalty to Trump in his hiring decisions.[\[65\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-66) After meeting with [Robert F. Kennedy Jr.](https://en.wikipedia.org/wiki/Robert_F._Kennedy_Jr. "Robert F. Kennedy Jr.") in October, Lutnick claimed that he was convinced that [vaccines cause autism](https://en.wikipedia.org/wiki/Vaccines_and_autism "Vaccines and autism"), and that the [National Childhood Vaccine Injury Act](https://en.wikipedia.org/wiki/National_Childhood_Vaccine_Injury_Act "National Childhood Vaccine Injury Act") had allowed vaccine manufacturers to be reckless in the production process.[\[66\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-67) He told the *[New York Post](https://en.wikipedia.org/wiki/New_York_Post "New York Post")* that month that [The Heritage Foundation](https://en.wikipedia.org/wiki/The_Heritage_Foundation "The Heritage Foundation"), which led [Project 2025](https://en.wikipedia.org/wiki/Project_2025 "Project 2025"), was "radioactive".[\[67\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-68)
In 2025, Lutnick was one of the donors who funded the White House's [East Wing demolition](https://en.wikipedia.org/wiki/East_Wing#2025_demolition "East Wing"), and planned building of a ballroom.[\[68\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-69)
### Board memberships and assets
In January 2006, Lutnick was named to the board of the [World Trade Center Memorial Foundation](https://en.wikipedia.org/wiki/World_Trade_Center_Memorial_Foundation "World Trade Center Memorial Foundation").[\[69\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-70) As of November 2024, he is a member of the [Partnership for New York City](https://en.wikipedia.org/wiki/Partnership_for_New_York_City "Partnership for New York City")'s board[\[70\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-71) and [Weill Cornell Medicine](https://en.wikipedia.org/wiki/Weill_Cornell_Medicine "Weill Cornell Medicine").[\[71\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-KT-72) From July 2003 to June 2024, he served as a board member of the [Horace Mann School](https://en.wikipedia.org/wiki/Horace_Mann_School "Horace Mann School").[\[72\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-73) Lutnick's financial disclosure form, released in January 2025, revealed that he had at least US\$806 million in assets. He declared shares in [GE Aerospace](https://en.wikipedia.org/wiki/GE_Aerospace "GE Aerospace"), [GE Healthcare](https://en.wikipedia.org/wiki/GE_Healthcare "GE Healthcare"), [The Walt Disney Company](https://en.wikipedia.org/wiki/The_Walt_Disney_Company "The Walt Disney Company"), [Nasdaq, Inc.](https://en.wikipedia.org/wiki/Nasdaq,_Inc. "Nasdaq, Inc."), and the musical *[Kimberly Akimbo](https://en.wikipedia.org/wiki/Kimberly_Akimbo_\(musical\) "Kimberly Akimbo (musical)")*. In 2019 and 2023, he borrowed more than US\$100 million from [Bank of America](https://en.wikipedia.org/wiki/Bank_of_America "Bank of America").[\[73\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-74)
## Secretary of commerce (2025–present)
### Nomination and confirmation
Lutnick being sworn in as secretary of commerce on February 21, 2025.
Following the [2024 presidential election](https://en.wikipedia.org/wiki/2024_United_States_presidential_election "2024 United States presidential election"), Lutnick was being considered as [secretary of the treasury](https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Treasury "United States Secretary of the Treasury").[\[74\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-75) Within a week, discussions had narrowed to Lutnick and [Scott Bessent](https://en.wikipedia.org/wiki/Scott_Bessent "Scott Bessent"), who was viewed as the front-runner until Lutnick began to advocate for himself. According to *[Politico](https://en.wikipedia.org/wiki/Politico "Politico")*, the decision was being delayed by Lutnick's role in providing information to [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump").[\[75\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-76) *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* reported that Trump had expressed reservations about Lutnick, portraying him as a constant presence and a manipulator, leading to further delays as he broadened his list of candidates.[\[76\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-77) Lutnick was endorsed to the position by [Elon Musk](https://en.wikipedia.org/wiki/Elon_Musk "Elon Musk"), a Trump advisor; Musk considered Bessent as a "business-as-usual choice."[\[77\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-78) On November 19, 2024, Trump selected Lutnick as his nominee for [secretary of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce").[\[78\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-79)
In the months after the election, Lutnick privately negotiated with companies and countries on [Trump's economic policy](https://en.wikipedia.org/wiki/Economic_policy_of_the_second_Donald_Trump_administration "Economic policy of the second Donald Trump administration"). According to the *New York Times*, Lutnick privately encouraged Trump to seek a trade agreement with China, believing that he was in an advantageous position.[\[79\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-80) Lutnick appeared before the [Senate Committee on Commerce, Science, and Transportation](https://en.wikipedia.org/wiki/United_States_Senate_Committee_on_Commerce,_Science,_and_Transportation "United States Senate Committee on Commerce, Science, and Transportation") on January 29, 2025, where he promoted tariffs and vowed greater action on [China](https://en.wikipedia.org/wiki/China "China") and its advances in [artificial intelligence](https://en.wikipedia.org/wiki/Artificial_intelligence "Artificial intelligence"), particularly the release of [DeepSeek R1](https://en.wikipedia.org/wiki/DeepSeek_R1 "DeepSeek R1").[\[80\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-81) In February 2025, the *New York Times* reported that he had been involved in discussions to offer [Intel](https://en.wikipedia.org/wiki/Intel "Intel")'s manufacturing facilities to [TSMC](https://en.wikipedia.org/wiki/TSMC "TSMC").[\[81\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-82)
On February 18, 2025, Lutnick was confirmed by the [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") in a 51–45 vote.[\[82\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-83) [Democratic](https://en.wikipedia.org/wiki/Democratic_Party_\(United_States\) "Democratic Party (United States)") senators [Cory Booker](https://en.wikipedia.org/wiki/Cory_Booker "Cory Booker") and [Gary Peters](https://en.wikipedia.org/wiki/Gary_Peters "Gary Peters"), as well as [Republican](https://en.wikipedia.org/wiki/Republican_Party_\(United_States\) "Republican Party (United States)") senators [Jerry Moran](https://en.wikipedia.org/wiki/Jerry_Moran "Jerry Moran") and [Dan Sullivan](https://en.wikipedia.org/wiki/Dan_Sullivan_\(U.S._senator\) "Dan Sullivan (U.S. senator)"), did not vote.[\[83\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-84) He was sworn in on February 21.[\[84\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-85)
### Tenure
[](https://en.wikipedia.org/wiki/File:Business_and_Trade_Secretary_Jonathan_Reynolds_meeting_US_Commerce_Secretary_Howard_Lutnick_\(2025\).jpg)
Lutnick meeting with British [Secretary of State for Business and Trade](https://en.wikipedia.org/wiki/Secretary_of_State_for_Business_and_Trade "Secretary of State for Business and Trade") [Jonathan Reynolds](https://en.wikipedia.org/wiki/Jonathan_Reynolds "Jonathan Reynolds") at [10 Downing Street](https://en.wikipedia.org/wiki/10_Downing_Street "10 Downing Street"); June 10, 2025.
Lutnick has supported Trump's trade policy, including the [second Trump tariffs](https://en.wikipedia.org/wiki/Second_Trump_tariffs "Second Trump tariffs").[\[85\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-86) Prior to his confirmation, Lutnick was directed by Trump to impose reciprocal tariffs, telling reporters that the [Department of Commerce](https://en.wikipedia.org/wiki/United_States_Department_of_Commerce "United States Department of Commerce")'s work would be completed by April 1\.[\[86\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-87) In his first meeting with an international official, Lutnick—joined by [United States trade representative](https://en.wikipedia.org/wiki/United_States_Trade_Representative "United States Trade Representative") nominee [Jamieson Greer](https://en.wikipedia.org/wiki/Jamieson_Greer "Jamieson Greer") and [National Economic Council](https://en.wikipedia.org/wiki/National_Economic_Council_\(United_States\) "National Economic Council (United States)") chairman [Kevin Hassett](https://en.wikipedia.org/wiki/Kevin_Hassett "Kevin Hassett")—discussed trade with [Maroš Šefčovič](https://en.wikipedia.org/wiki/Maro%C5%A1_%C5%A0ef%C4%8Dovi%C4%8D "Maroš Šefčovič"), the European commissioner for trade and economic security.[\[87\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-88) Following his confirmation, Lutnick received a congratulatory letter from [Wang Wentao](https://en.wikipedia.org/wiki/Wang_Wentao "Wang Wentao"), the Chinese minister of commerce, expressing dissatisfaction with U.S. tariffs on Chinese goods and that China was willing to resolve "respective concerns through equal dialogue and consultation."[\[88\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-89)
[](https://en.wikipedia.org/wiki/File:Howard_Lutnick_with_Maro%C5%A1_%C5%A0ef%C4%8Dovi%C4%8D_\(2026\)_02.jpg)
Lutnick meeting European Commissioner for Trade [Maroš Šefčovič](https://en.wikipedia.org/wiki/Maro%C5%A1_%C5%A0ef%C4%8Dovi%C4%8D "Maroš Šefčovič") at the [56th World Economic Forum](https://en.wikipedia.org/wiki/56th_World_Economic_Forum "56th World Economic Forum") in [Davos](https://en.wikipedia.org/wiki/Davos "Davos") (2026)
After Trump initiated [a trade war](https://en.wikipedia.org/wiki/2025_United_States_trade_war_with_Canada_and_Mexico "2025 United States trade war with Canada and Mexico") with [Canada](https://en.wikipedia.org/wiki/Canada "Canada") and [Mexico](https://en.wikipedia.org/wiki/Mexico "Mexico"), Lutnick was involved in negotiations with foreign leaders.[\[89\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-90) In an interview on *[Meet the Press](https://en.wikipedia.org/wiki/Meet_the_Press "Meet the Press")* in March 2025, Lutnick said there was "no chance" of a recession due to [Trump's economic policies](https://en.wikipedia.org/wiki/Economic_policy_of_the_second_Donald_Trump_administration "Economic policy of the second Donald Trump administration").[\[90\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-91) According to *Politico*, he received internal criticism for the tariffs.[\[91\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-92) Later that month, Lutnick said the tariffs would be "worth it" even if they lead to a recession.[\[92\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-93) In an interview with the *[Toronto Star](https://en.wikipedia.org/wiki/Toronto_Star "Toronto Star")*, Lutnick justified imposing tariffs on Canada, citing offshoring and fentanyl.[\[42\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Woods-43) That month, Lutnick encouraged [Fox News](https://en.wikipedia.org/wiki/Fox_News "Fox News") viewers to purchase stock in [Tesla](https://en.wikipedia.org/wiki/Tesla,_Inc. "Tesla, Inc."), stating that Tesla stock "will never be this cheap again," which allegedly violated federal ethics rules due to his federal government position.[\[93\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-94) In a podcast interview that month, he stated that only a "fraudster" would be concerned and complain about a missed [Social Security](https://en.wikipedia.org/wiki/Social_Security_\(United_States\) "Social Security (United States)") check, so "the easiest way to find the fraudster is to stop payments and listen" for complaints.[\[94\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-95)
By April, Lutnick had instituted a policy at the [National Oceanic and Atmospheric Administration](https://en.wikipedia.org/wiki/National_Oceanic_and_Atmospheric_Administration "National Oceanic and Atmospheric Administration") that all contracts over \$100,000 had to be personally approved by him.[\[95\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-96) The policy caused a [bottleneck](https://en.wikipedia.org/wiki/Bottleneck_\(production\) "Bottleneck (production)") and, by that month, contracts for maintenance and [janitorial](https://en.wikipedia.org/wiki/Cleaner "Cleaner") service at facilities, [emergency alert](https://en.wikipedia.org/wiki/Emergency_communication_system "Emergency communication system") translations, and [web hosting](https://en.wikipedia.org/wiki/Web_hosting_service "Web hosting service") had lapsed.[\[96\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-97) Later that month, Lutnick publicly promoted "great jobs of the future" for the United States, "where you work in these \[factory\] plants for the rest of your life, and your kids work here, and your grandkids work here," as he gave the example of factory robot technician jobs.[\[97\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-98)
## Personal life
### Marriage
In December 1994, Lutnick married Allison Lambert, a senior associate at [Wilson Elser Moskowitz Edelman & Dicker](https://en.wikipedia.org/wiki/Wilson_Elser_Moskowitz_Edelman_%26_Dicker "Wilson Elser Moskowitz Edelman & Dicker").[\[1\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-wed-1) Allison was appointed a trustee of the [John F. Kennedy Center for the Performing Arts](https://en.wikipedia.org/wiki/John_F._Kennedy_Center_for_the_Performing_Arts "John F. Kennedy Center for the Performing Arts") in February 2025 after President [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") appointed himself as the center's chairman.[\[98\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-99) The Lutnicks have four children.[\[54\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Ensign-55)
### Relationship with Jeffrey Epstein
See also: [List of people named in the Epstein files](https://en.wikipedia.org/wiki/List_of_people_named_in_the_Epstein_files "List of people named in the Epstein files")
Lutnick testifies before the [Senate Appropriations Committee](https://en.wikipedia.org/wiki/Senate_Appropriations_Committee "Senate Appropriations Committee") on his relationship with Epstein; February 10, 2026.
Lutnick said in October 2025 interview that he was neighbors with [Jeffrey Epstein](https://en.wikipedia.org/wiki/Jeffrey_Epstein "Jeffrey Epstein") but swore in 2005 that he would never be in the same room ever again with him due to his "disgusting" behavior at a meeting with Epstein, Lutnick, and Lutnick's wife. As Lutnick explained at that meeting he had asked why Epstein had a massage table in the middle of his house: "I say to him, 'Massage table in the middle of your house? How often do you have a massage?...And he says, 'Every day.' And then he gets, like weirdly close to me, and he says, 'And the right kind of massage'...\[I\]n the six to eight steps it takes to get from his house to my house, my wife and I decided that I will never be in the room with that disgusting person ever again."[\[99\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-GoodwinEpstein-100) Despite this, Lutnick went on to have various contact with Epstein for many years afterward.[\[99\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-GoodwinEpstein-100)
In January 2026, newly released [Epstein files](https://en.wikipedia.org/wiki/Epstein_files "Epstein files") showed extensive contact between Lutnick and Epstein over several years. A longtime Epstein aide reached out to Lutnick in November 2012 to arrange a meeting while Lutnick was in [Saint Thomas](https://en.wikipedia.org/wiki/Saint_Thomas,_U.S._Virgin_Islands "Saint Thomas, U.S. Virgin Islands"); Lutnick, accompanied by his wife Allison and their four children, agreed to a lunch on December 23 on Epstein's private island. Emails showed Lutnick and his wife coordinating logistics, including where to dock their yacht at [Little Saint James](https://en.wikipedia.org/wiki/Little_Saint_James "Little Saint James"). The day after the scheduled meeting, [BBC News](https://en.wikipedia.org/wiki/BBC_News "BBC News") reported that Lutnick "received an email from a redacted sender that said Epstein wanted to pass a message to him, which said: 'Nice seeing you'—suggesting that at least one visit did happen."[\[99\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-GoodwinEpstein-100) The two also had drinks together on another occasion in 2011 according to Epstein's schedule. In November 2015, Epstein received an invitation from Lutnick to a fundraiser at his financial firm for [Hillary Clinton's presidential campaign](https://en.wikipedia.org/wiki/Hillary_Clinton_2016_presidential_campaign "Hillary Clinton 2016 presidential campaign"). In 2017, the two men discussed plans about the construction of a building across the street from both of their homes. The next year, Epstein contributed to a philanthropic dinner hosted by Lutnick.[\[100\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-101)[\[101\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-AP-largest-batch2-102)
When asked about the emails, Lutnick told *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* "I spent zero time with him" and hung up. A Commerce Department spokesman said Lutnick had "limited interactions" with Epstein "in the presence of his wife" and has never been accused of wrongdoing.[\[101\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-AP-largest-batch2-102) On February 10, 2026, Lutnick testified before the [Senate Appropriations Committee](https://en.wikipedia.org/wiki/Senate_Appropriations_Committee "Senate Appropriations Committee") on his relationship with Epstein. Here, Lutnick admitted that in December 2012, four years after Epstein's conviction, Lutnick and his wife and children visited [Little Saint James](https://en.wikipedia.org/wiki/Little_Saint_James "Little Saint James") where they had lunch with Epstein.[\[102\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-103) The hearing led to bipartisan criticism, and calls for Lutnick's resignation.[\[103\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-104)
### Properties
In 1998, Lutnick purchased a [Manhattan](https://en.wikipedia.org/wiki/Manhattan "Manhattan") property at 11 East 71st Street, behind the [Henry Clay Frick House](https://en.wikipedia.org/wiki/Henry_Clay_Frick_House "Henry Clay Frick House"), from the Comet Trust. Lutnick had extensively renovated its interior by May 2001.[\[104\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-105) Lutnick still owns his mansion, as of 2025. This property is next door to the [Herbert N. Straus House](https://en.wikipedia.org/wiki/Herbert_N._Straus_House "Herbert N. Straus House"), the Manhattan home of Jeffrey Epstein from 1995 until his death.[\[105\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-106)
Lutnick also lives in [Bridgehampton, New York](https://en.wikipedia.org/wiki/Bridgehampton,_New_York "Bridgehampton, New York"), on a 40-acre property he purchased in 2003 for US\$15 million. In December 2024, he purchased [Bret Baier](https://en.wikipedia.org/wiki/Bret_Baier "Bret Baier")'s home in [Washington, D.C.](https://en.wikipedia.org/wiki/Washington,_D.C. "Washington, D.C."), for US\$25 million, setting the record for the most expensive house in the city. The property is inspired by the Château du Grand-Lucé.[\[106\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-107) According to the *New York Times*, the purchase—among others by wealthy members of the Trump administration—contributed to an increase in Washington, D.C.'s luxury real estate market.[\[107\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-108) Additionally, Lutnick owns the penthouse of [The Pierre](https://en.wikipedia.org/wiki/The_Pierre "The Pierre") and a condo on the ocean north of [Miami Beach](https://en.wikipedia.org/wiki/Miami_Beach,_Florida "Miami Beach, Florida").[\[108\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-109)
### Health
In October 2021, Lutnick disclosed that he had been diagnosed with [non-Hodgkin's lymphoma](https://en.wikipedia.org/wiki/Non-Hodgkin%27s_lymphoma "Non-Hodgkin's lymphoma"). He began [chemotherapy](https://en.wikipedia.org/wiki/Chemotherapy "Chemotherapy") shortly thereafter.[\[109\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-110) By September 2024, he was cancer-free.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46)
### Awards
Lutnick is a recipient of the [Navy Distinguished Public Service Award](https://en.wikipedia.org/wiki/Navy_Distinguished_Public_Service_Award "Navy Distinguished Public Service Award").[\[71\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-KT-72) In 2025, he was named one of [the world's 100 most influential people](https://en.wikipedia.org/wiki/Time_100 "Time 100") by *[Time](https://en.wikipedia.org/wiki/Time_\(magazine\) "Time (magazine)")*.[\[110\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-111)
### In popular culture
Lutnick is prominently featured in the 2013 documentary *[Out of the Clear Blue Sky](https://en.wikipedia.org/w/index.php?title=Out_of_the_Clear_Blue_Sky&action=edit&redlink=1 "Out of the Clear Blue Sky (page does not exist)")*, directed by Danielle Gardner, which examines the destruction and rebuilding of Cantor Fitzgerald following the September 11 attacks. The film highlights Lutnick's efforts to preserve the company after the attack, including by controversially stopping salaries to the families of victims.[\[111\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-112)
## Notes
1. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-8)** Solomon and Jane had one child before and after Lutnick: Edith[\[4\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-West-4) "Edie"[\[5\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-5) (born 1959/1960[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3)[\[6\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-6)) and Gary (1964/1965–2001).[\[7\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-Lee-7)
## References
1. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-NYT-wed_1-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-NYT-wed_1-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-NYT-wed_1-2)
["Howard Lutnick, Allison Lambert"](https://www.nytimes.com/1994/12/11/style/weddings-howard-lutnick-allison-lambert.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. December 11, 1994. Retrieved February 13, 2025.
2. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gordon_2-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gordon_2-1)
Gordon, Meryl (December 10, 2001). ["Howard Lutnick's Second Life"](https://nymag.com/nymetro/news/sept11/features/5486). *[New York](https://en.wikipedia.org/wiki/New_York_\(magazine\) "New York (magazine)")*. Retrieved February 14, 2025.
3. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Snyder_3-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Snyder_3-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Snyder_3-2) [***d***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Snyder_3-3) [***e***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Snyder_3-4)
Snyder, Susan (October 25, 2014). ["Haverford gets record gift from an alum the college helped save"](https://www.inquirer.com/philly/news/homepage/20141026_Haverford_gets_record_gift_from_an_alum_the_college_helped_save.html). *[The Philadelphia Inquirer](https://en.wikipedia.org/wiki/The_Philadelphia_Inquirer "The Philadelphia Inquirer")*. Retrieved February 15, 2025.
4. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-West_4-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-West_4-1)
West, Melanie (September 10, 2014). ["Evolving a Sept. 11 Charity"](https://www.wsj.com/articles/evolving-a-sept-11-charity-1410368859). [The Wall Street Journal](https://en.wikipedia.org/wiki/The_Wall_Street_Journal "The Wall Street Journal"). Retrieved February 19, 2025.
5. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-5)**
Patel, Neema (September 11, 2017). ["In the aftermath of 9/11, starting a relief fund helped Edie Lutnick 'get out of bed'"](https://www.washingtonpost.com/gender-identity/in-the-aftermath-of-911-starting-a-relief-fund-helped-edie-lutnick-get-out-of-bed/). *[The Washington Post](https://en.wikipedia.org/wiki/The_Washington_Post "The Washington Post")*. Retrieved February 13, 2025.
6. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-6)**
Finn, Robin (February 26, 2002). ["Working Through the Pain to Honor a Brother's Life"](https://www.nytimes.com/2002/02/26/nyregion/public-lives-working-through-the-pain-to-honor-a-brother-s-life.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
7. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques-Lee_7-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques-Lee_7-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques-Lee_7-2)
[Henriques, Diana](https://en.wikipedia.org/wiki/Diana_B._Henriques "Diana B. Henriques"); [Lee, Jennifer](https://en.wikipedia.org/wiki/Jennifer_8._Lee "Jennifer 8. Lee") (September 15, 2001). ["Flinty Bond Trader Leads His Firm Out of the Rubble"](https://www.nytimes.com/2001/09/15/us/after-attacks-trading-firm-flinty-bond-trader-leads-his-firm-rubble.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 14, 2025.
8. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-NYT-Jane-obit_9-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-NYT-Jane-obit_9-1)
["Jane Lutnick"](https://www.nytimes.com/1978/02/21/archives/obituary-1-no-title.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. February 21, 1978. Retrieved February 16, 2025.
9. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-10)**
["Jennifer S. Lowy, Gary F. Lutnick"](https://www.nytimes.com/1995/10/08/style/jennifer-s-lowy-gary-f-lutnick.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. October 8, 1995. Retrieved February 14, 2025.
10. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-11)**
Diver, Tony (November 19, 2024). ["Howard Lutnick: Trump's commerce secretary pick survived 9/11 because of school run"](https://www.telegraph.co.uk/us/politics/2024/11/19/howard-lutnick-donald-trump-commerce-secretary-911/). *[The Daily Telegraph](https://en.wikipedia.org/wiki/The_Daily_Telegraph "The Daily Telegraph")*. Retrieved February 15, 2025.
11. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Bolger_12-0)**
Bolger, Timothy; Malaszczyk, Michael; Devlin, Hannah (February 3, 2025). ["Trump adds cabinet members from LI, nominees advance"](https://www.longislandpress.com/2025/02/03/trump-cabinet-members-li/). *[Long Island Press](https://en.wikipedia.org/wiki/Long_Island_Press "Long Island Press")*. Retrieved February 15, 2025.
12. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Roth24_13-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Roth24_13-1)
Roth, Fallon (December 1, 2024). ["These cabinet picks and others in Trump's inner circle got their start at Philly-area universities"](https://www.inquirer.com/politics/election/donald-trump-government-positions-pennsylvania-universities-20241201.html). *[The Philadelphia Inquirer](https://en.wikipedia.org/wiki/The_Philadelphia_Inquirer "The Philadelphia Inquirer")*. Retrieved February 19, 2025.
13. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Q&A_14-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Q&A_14-1)
["Q\&A with CEO Howard Lutnick"](https://www.bloomberg.com/news/articles/2001-09-02/online-extra-q-and-a-with-ceo-howard-lutnick). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). September 2, 2001. Retrieved February 14, 2025.
14. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Eat_15-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Eat_15-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Eat_15-2)
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15. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques_16-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques_16-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques_16-2) [***d***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques_16-3)
[Henriques, Diana](https://en.wikipedia.org/wiki/Diana_B._Henriques "Diana B. Henriques") (April 28, 1996). ["With Partners Like These, Who Needs Rivals?"](https://www.nytimes.com/1996/04/28/business/with-partners-like-these-who-needs-rivals.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 14, 2025.
16. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-eSpeed_17-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-eSpeed_17-1)
["eSpeed's Trading Secrets"](https://www.bloomberg.com/news/articles/2001-09-02/espeeds-trading-secrets). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). September 2, 2001. Retrieved February 14, 2025.
17. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-18)**
Peterson, Thane (April 26, 1998). ["The Euro"](https://www.bloomberg.com/news/articles/1998-04-26/the-euro-intl-edition). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). Retrieved February 14, 2025.
18. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-19)**
[Henriques, Diana](https://en.wikipedia.org/wiki/Diana_B._Henriques "Diana B. Henriques") (May 9, 1996). ["Cantor Fitzgerald Feud Ended by Accord"](https://www.nytimes.com/1996/05/08/business/cantor-fitzgerald-feud-ended-by-accord.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 14, 2025.
19. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-20)**
[Pace, Eric](https://en.wikipedia.org/wiki/Eric_Pace "Eric Pace") (July 6, 1996). ["B. Gerald Cantor, Philanthropist and Owner of Rodin Collection, Is Dead at 79"](https://www.nytimes.com/1996/07/06/arts/b-gerald-cantor-philanthropist-and-owner-of-rodin-collection-isdead-at-79.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 14, 2025.
20. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-21)**
Martin, Mitchell (May 26, 1997). ["Bond Broker Banks on Wholesale Turnaround"](https://www.nytimes.com/1997/05/26/business/worldbusiness/IHT-new-york-notebook-bond-broker-banks-on-wholesale.html). *[International Herald Tribune](https://en.wikipedia.org/wiki/International_Herald_Tribune "International Herald Tribune")*. Retrieved February 14, 2025.
21. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-22)**
Osterland, Andrew (September 6, 1998). ["Electronic Trading: A Hue And Cry In The Pits"](https://www.bloomberg.com/news/articles/1998-09-06/electronic-trading-a-hue-and-cry-in-the-pits). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). Retrieved February 14, 2025.
22. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques-2002a_23-0)**
[Henriques, Diana](https://en.wikipedia.org/wiki/Diana_B._Henriques "Diana B. Henriques") (January 3, 2002). ["Horrible Year Ends on Up Note At Cantor"](https://www.nytimes.com/2002/01/03/business/horrible-year-ends-up-note-cantor-financial-health-for-firm-more-smiles-for.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 17, 2025.
23. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Craig_24-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Craig_24-1)
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24. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-25)**
["Howard Lutnick Brings a Shrunken Cantor Fitzgerald Back to Life"](https://www.bloomberg.com/news/articles/2002-09-11/howard-lutnick-brings-a-shrunken-cantor-fitzgerald-back-to-life). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). September 11, 2002. Retrieved February 14, 2025.
25. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-26)**
Fuerbringer, Jonathan; [Berenson, Alex](https://en.wikipedia.org/wiki/Alex_Berenson "Alex Berenson") (September 13, 2001). ["Bond Trading Set to Resume; Stocks Delayed"](https://www.nytimes.com/2001/09/13/business/after-the-attacks-the-markets-bond-trading-set-to-resume-stocks-delayed.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
26. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-27)**
[Rutenberg, Jim](https://en.wikipedia.org/wiki/Jim_Rutenberg "Jim Rutenberg"); Carter, Bill (January 23, 2002). ["Connie Chung Gets CNN Prime-Time Spot"](https://www.nytimes.com/2002/01/23/business/connie-chung-gets-cnn-prime-time-spot.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
27. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-28)**
[Stanley, Alessandra](https://en.wikipedia.org/wiki/Alessandra_Stanley "Alessandra Stanley") (September 12, 2011). ["On Slow and Somber Anniversary, News Media Try to Stay Out of the Picture"](https://www.nytimes.com/2011/09/12/nyregion/on-slow-and-somber-anniversary-news-media-try-to-stay-out-of-the-picture.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
28. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-29)**
[Henriques, Diana](https://en.wikipedia.org/wiki/Diana_B._Henriques "Diana B. Henriques") (September 26, 2001). ["Some Families Doubt Sincerity of Cantor"](https://www.nytimes.com/2001/09/26/business/a-nation-challenged-the-trading-firm-some-families-doubt-sincerity-of-cantor.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
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[Barstow, David](https://en.wikipedia.org/wiki/David_Barstow "David Barstow") (September 25, 2001). ["Agency Offers Up to \$30,000 to Each Victim's Family"](https://www.nytimes.com/2001/09/25/nyregion/nation-challenged-red-cross-agency-offers-up-30000-each-victim-s-family.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
30. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-BBC_31-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-BBC_31-1)
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32. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Henriques-2002b_33-0)**
[Henriques, Diana](https://en.wikipedia.org/wiki/Diana_B._Henriques "Diana B. Henriques") (February 13, 2002). ["\$4.9 Million Of Cantor Net To Be Shared By Survivors"](https://www.nytimes.com/2002/02/13/business/4.9-million-of-cantor-net-to-be-shared-by-survivors.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 17, 2025.
33. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Bagli_34-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Bagli_34-1)
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[Cuozzo, Steve](https://en.wikipedia.org/wiki/Steve_Cuozzo "Steve Cuozzo") (March 13, 2002). "New Cantor Home - Tragic WTC Bond Broker Going to E. 57th and Lex". *[New York Post](https://en.wikipedia.org/wiki/New_York_Post "New York Post")*.
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Bagli, Charles (July 27, 2004). ["Firm That Lost 658 in the Towers Finds a New Home on 59th St"](https://www.nytimes.com/2004/07/27/nyregion/firm-that-lost-658-in-the-towers-finds-a-new-home-on-59th-st.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 17, 2025.
37. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-38)**
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38. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-39)**
["Cantor Chief Expands Role"](https://www.nytimes.com/2007/10/25/business/25cantor.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. October 25, 2007. Retrieved February 19, 2025.
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Thomas, Landon (January 2, 2017). ["Anshu Jain to Join Cantor Fitzgerald as President"](https://www.nytimes.com/2017/01/02/business/dealbook/anshu-jain-cantor-fitzgerald-deutsche-bank.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
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Flitter, Emily (August 17, 2022). ["Anshu Jain, Who Took Deutsche Bank to Wall Street, Dies at 59"](https://www.nytimes.com/2022/08/17/business/dealbook/anshu-jain-dead.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
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Metcalf, Tom; Basak, Sonlai (September 20, 2018). ["Lutnick, Now a Billionaire, Bets Own Fortune on Bold Growth Plan"](https://www.bloomberg.com/news/articles/2018-09-20/lutnick-now-a-billionaire-bets-own-fortune-on-bold-growth-plan). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). Retrieved April 9, 2025.
42. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Woods_43-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Woods_43-1)
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45. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gillespie_46-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gillespie_46-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gillespie_46-2) [***d***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gillespie_46-3) [***e***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gillespie_46-4) [***f***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Gillespie_46-5)
Gillespie, Todd (September 5, 2024). ["Howard Lutnick Emerges as Trump's No. 1 Salesman on Wall Street"](https://www.bloomberg.com/news/articles/2024-09-05/howard-lutnick-emerges-as-trump-s-no-1-salesman-on-wall-street). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). Retrieved February 19, 2025.
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47. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Lipton-2025_48-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Lipton-2025_48-1)
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50. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-51)**
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51. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-52)**
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Bunch, Jesse (November 19, 2024). ["Donald Trump taps Haverford College mega-donor Howard Lutnick for commerce secretary"](https://www.inquirer.com/politics/nation/howard-lutnick-trump-cabinet-picks-commerce-secretary-20241119.html). *[The Philadelphia Inquirer](https://en.wikipedia.org/wiki/The_Philadelphia_Inquirer "The Philadelphia Inquirer")*. Retrieved February 21, 2025.
54. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Ensign_55-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Ensign_55-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-Ensign_55-2)
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55. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-56)**
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59. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-60)**
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[Swan, Jonathan](https://en.wikipedia.org/wiki/Jonathan_Swan "Jonathan Swan"); [Haberman, Maggie](https://en.wikipedia.org/wiki/Maggie_Haberman "Maggie Haberman"); [Savage, Charlie](https://en.wikipedia.org/wiki/Charlie_Savage_\(author\) "Charlie Savage (author)") (August 16, 2024). ["Well Behind Schedule, Trump Names Allies to Lead Transition Team"](https://www.nytimes.com/2024/08/16/us/politics/trump-transition-team-2024-mcmahon-lutnick.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 15, 2025.
62. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-63)**
[Swan, Jonathan](https://en.wikipedia.org/wiki/Jonathan_Swan "Jonathan Swan"); [Haberman, Maggie](https://en.wikipedia.org/wiki/Maggie_Haberman "Maggie Haberman") (October 11, 2024). ["Trump Is Said to Consider Brooke Rollins for White House Chief of Staff"](https://www.nytimes.com/2024/10/11/us/politics/trump-brooke-rollins-chief-of-staff.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 15, 2025.
63. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-64)**
Schleifer, Theodore (August 20, 2024). ["Harris and Trump Shield Their Big Campaign Fund-Raisers From the Public"](https://www.nytimes.com/2024/08/20/us/elections/campaign-bundlers-harris-trump.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
64. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-65)**
Schleifer, Theodore (September 21, 2024). ["Harris Enters Homestretch With a Far Bigger, Costlier Campaign Than Trump"](https://www.nytimes.com/2024/09/21/us/elections/harris-trump-fundraising-fec-reports.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
65. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-66)**
Bensinger, Ken; [Fahrenthold, David](https://en.wikipedia.org/wiki/David_Fahrenthold "David Fahrenthold") (October 24, 2024). ["The Group at the Center of Trump's Planning for a Second Term Is One You Haven't Heard of"](https://www.nytimes.com/2024/10/24/us/politics/donald-trump-campaign-america-first-policy-institute.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
66. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-67)**
Astor, Maggie; [Mandavilli, Apoorva](https://en.wikipedia.org/wiki/Apoorva_Mandavilli "Apoorva Mandavilli") (October 31, 2024). ["Trump's Transition Team Head Says R.F.K. Jr. Converted Him to Vaccine Skeptic"](https://www.nytimes.com/2024/10/31/us/politics/trump-rfk-jr-vaccine-skepticism.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
67. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-68)**
Svitek, Patrick (November 20, 2024). ["Trump picks people who worked on Project 2025 despite distancing himself"](https://www.washingtonpost.com/politics/2024/11/20/trump-project-2025-second-administration/). *[The Washington Post](https://en.wikipedia.org/wiki/The_Washington_Post "The Washington Post")*. Retrieved February 20, 2025.
68. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-69)**
Maher, Kit; Tapper, Jake; Jaramillo, Alejandra. ["White House releases list of donors for Trump's multi-million-dollar ballroom"](https://web.archive.org/web/20251023104311/https://www.cnn.com/2025/10/23/politics/ballroom-donors-white-house-trump). *CNN*. Archived from [the original](https://www.cnn.com/2025/10/23/politics/ballroom-donors-white-house-trump) on October 23, 2025. Retrieved October 23, 2025.
69. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-70)**
[Dunlap, David](https://en.wikipedia.org/wiki/David_W._Dunlap "David W. Dunlap") (January 11, 2006). ["Financing For Ground Zero Center"](https://www.nytimes.com/2006/01/11/nyregion/metro-briefing-new-york-manhattan-financing-for-ground-zero-center.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
70. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-71)**
Hussein, Fatima (November 19, 2024). ["What to know about Howard Lutnick, Trump's pick for commerce secretary"](https://thehill.com/homenews/ap/ap-business/ap-what-to-know-about-howard-lutnick-trumps-pick-for-commerce-secretary/). *[The Hill](https://en.wikipedia.org/wiki/The_Hill_\(newspaper\) "The Hill (newspaper)")*. [Associated Press](https://en.wikipedia.org/wiki/Associated_Press "Associated Press"). Retrieved February 20, 2025.
71. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-KT_72-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-KT_72-1)
["Trump taps Cantor Fitzgerald CEO Lutnick as his commerce secretary"](https://www.koreatimes.co.kr/www/world/2025/02/501_386687.html). *[The Korea Times](https://en.wikipedia.org/wiki/The_Korea_Times "The Korea Times")*. November 20, 2024. Retrieved February 20, 2025.
72. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-73)**
"Public Financial Disclosure Report (OGE Form 278e)" (Document). [United States Office of Government Ethics](https://en.wikipedia.org/wiki/United_States_Office_of_Government_Ethics "United States Office of Government Ethics"). January 23, 2025. p. 5.
73. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-74)**
Swanson, Ana; Farrell, Maureen (January 24, 2025). ["Trump's Pick for Commerce Secretary Reveals Positions at More Than 800 Companies"](https://www.nytimes.com/2025/01/24/us/politics/trump-howard-lutnick-commerce-secretary.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 20, 2025.
74. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-75)**
[Bade, Rachael](https://en.wikipedia.org/wiki/Rachael_Bade "Rachael Bade") (November 9, 2024). ["The Faction Ascendant in Trump World Right Now"](https://www.politico.com/news/magazine/2024/11/09/trump-gop-agenda-transition-00188562). *[Politico Magazine](https://en.wikipedia.org/wiki/Politico_Magazine "Politico Magazine")*. Retrieved February 20, 2025.
75. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-76)**
Sutton, Sam; Guida, Victoria (November 15, 2024). ["The last-minute jockeying to become Trump's Treasury secretary"](https://www.politico.com/live-updates/2024/11/15/congress/the-last-minute-jockeying-for-treasury-00189887). *[Politico](https://en.wikipedia.org/wiki/Politico "Politico")*. Retrieved February 20, 2025.
76. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-77)**
[Swan, Jonathan](https://en.wikipedia.org/wiki/Jonathan_Swan "Jonathan Swan"); [Haberman, Maggie](https://en.wikipedia.org/wiki/Maggie_Haberman "Maggie Haberman"); Smialek, Jeanna; [Rappeport, Alan](https://en.wikipedia.org/wiki/Alan_Rappeport "Alan Rappeport") (November 17, 2024). ["After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary"](https://www.nytimes.com/2024/11/17/us/politics/trump-treasury-candidates.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 20, 2025.
77. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-78)**
Sutton, Sam; Stratford, Michael (November 16, 2024). ["Elon Musk pushes Lutnick for Treasury"](https://www.politico.com/news/2024/11/16/elon-musk-backs-lutnick-for-treasury-00190015). *[Politico](https://en.wikipedia.org/wiki/Politico "Politico")*. Retrieved February 20, 2025.
78. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-79)**
Swanson, Ana; [Rappeport, Alan](https://en.wikipedia.org/wiki/Alan_Rappeport "Alan Rappeport") (November 19, 2024). ["Trump Taps Wall St. Executive Howard Lutnick for Commerce Secretary"](https://www.nytimes.com/2024/11/19/us/politics/howard-lutnick-trump-commerce-secretary.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 20, 2025.
79. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-80)**
Swanson, Ana (February 19, 2025). ["Trump Eyes a Bigger, Better Trade Deal With China"](https://www.nytimes.com/2025/02/19/business/economy/trump-china-trade-deal.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
80. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-81)**
Swanson, Ana (January 29, 2025). ["Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China"](https://www.nytimes.com/2025/01/29/business/economy/lutnick-trump-tariffs-china.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 21, 2025.
81. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-82)**
Mickle, Tripp; Swanson, Ana (February 14, 2025). ["With Trump's Help, Intel Could Hand Control of Chip Plants to TSMC"](https://www.nytimes.com/2025/02/14/technology/intel-tsmc-talks-trump.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 21, 2025.
82. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-83)**
[Rappeport, Alan](https://en.wikipedia.org/wiki/Alan_Rappeport "Alan Rappeport") (February 18, 2025). ["Senate Confirms Howard Lutnick as Commerce Secretary"](https://www.nytimes.com/2025/02/18/us/politics/howard-lutnick-confirmed-commerce.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 20, 2025.
83. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-84)**
Lee, Jasmine; Parlapiano, Alicia (February 6, 2025). ["How Each Senator Has Voted on Trump's Nominees So Far"](https://www.nytimes.com/interactive/2025/02/06/us/politics/cabinet-confirmation-votes.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 20, 2025.
84. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-85)**
Egwuonwu, Nnamdi (February 21, 2025). ["Trump expected to sign more executive orders after swearing in commerce secretary"](https://www.nbcnews.com/politics/donald-trump/live-blog/trump-executive-orders-cabinet-expands-live-updates-rcna193104/rcrd73492). [NBC News](https://en.wikipedia.org/wiki/NBC_News "NBC News"). Retrieved February 21, 2025.
85. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-86)**
Swanson, Ana (February 14, 2025). ["Trump Is Newly Unleashed on Trade, With Global Consequences"](https://www.nytimes.com/2025/02/14/us/politics/trump-tariffs-global-trade.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
86. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-87)**
Wingrove, Josh; Dlouhy, Jennifer; Leonard, Jenny (February 13, 2025). ["Trump Moves to Impose Reciprocal Tariffs as Soon as April"](https://www.bloomberg.com/news/articles/2025-02-13/trump-moves-to-impose-reciprocal-tariffs-but-not-right-away). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). Retrieved February 19, 2025.
87. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-88)**
Hawkins, Ari; Palmer, Ari (February 19, 2025). ["EU ready to negotiate on car tariffs with Trump, trade commissioner says"](https://www.politico.com/news/2025/02/19/eu-ready-to-negotiate-on-car-tariffs-with-trump-trade-commissioner-says-00204941). *[Politico](https://en.wikipedia.org/wiki/Politico "Politico")*. Retrieved February 20, 2025.
88. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-89)**
Chen, Xiuhao; Zhang, Yukun; Woo, Ryan (February 19, 2025). ["China minister expresses dissatisfaction over tariffs to new US trade secretary"](https://www.reuters.com/world/china/china-minister-expresses-dissatisfaction-over-tariffs-new-us-trade-secretary-2025-02-19/). [Reuters](https://en.wikipedia.org/wiki/Reuters "Reuters"). Retrieved March 16, 2025.
89. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-90)**
Bade, Gavin; McGraw, Meredith; Monga, Vipal (March 8, 2025). ["The Week Howard Lutnick Became the Face of Trump's Tariff Whiplash"](https://www.wsj.com/politics/policy/howard-lutnick-trump-trade-talks-canada-mexico-4a634319). *[The Wall Street Journal](https://en.wikipedia.org/wiki/The_Wall_Street_Journal "The Wall Street Journal")*. Retrieved March 8, 2025.
90. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-91)**
Broadwater, Luke; Smith, Colby; Swanson, Ana (March 9, 2025). ["Trump Declines to Rule Out Recession as Tariffs Begin to Bite"](https://www.nytimes.com/2025/03/09/us/politics/trump-recession-lutnick.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved March 10, 2025.
91. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-92)**
Messerly, Megan; [Burns, Dasha](https://en.wikipedia.org/wiki/Dasha_Burns "Dasha Burns"); Hawkins, Ari; Desrochers (March 11, 2025). ["Trump allies are blaming Lutnick for Trump's tariff turmoil"](https://www.politico.com/news/2025/03/11/trump-allies-lutnick-tariff-turmoil-00225137). *[Politico](https://en.wikipedia.org/wiki/Politico "Politico")*. Retrieved March 11, 2025.
92. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-93)**
Falconer, Rebecca (March 11, 2025). ["Lutnick: Trump's tariffs are "worth it," even if they trigger a recession"](https://www.axios.com/2025/03/12/trump-tariffs-lutnick-recession-worth-it). *[Axios](https://en.wikipedia.org/wiki/Axios_\(website\) "Axios (website)")*. Retrieved March 12, 2025.
93. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-94)**
McDaniel, Justine; Rodriguez, Sabrina (March 20, 2025). ["Lutnick urges Fox News viewers to buy Tesla stock, raising ethics questions"](https://www.washingtonpost.com/politics/2025/03/20/lutnick-urges-fox-news-viewers-buy-tesla-stock-raising-ethical-questions/). *[The Washington Post](https://en.wikipedia.org/wiki/The_Washington_Post "The Washington Post")*. Retrieved March 22, 2025.
94. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-95)**
Folley, Aris (March 22, 2025). ["Commerce secretary: No one but 'fraudsters' would complain about missed Social Security check"](https://thehill.com/homenews/administration/5208187-commerce-secretary-social-security-fraud/). *[The Hill](https://en.wikipedia.org/wiki/The_Hill_\(magazine\) "The Hill (magazine)")*. Retrieved March 22, 2025.
95. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-96)**
Borunda, Alejandra (April 9, 2025). ["NOAA contracts are being reviewed one by one. It's throwing the agency into chaos"](https://www.npr.org/2025/04/09/nx-s1-5356166/noaa-contracts-reviewed-one-by-one). [NPR](https://en.wikipedia.org/wiki/NPR "NPR"). Retrieved April 15, 2025.
96. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-97)**
Song, Lisa (April 9, 2025). ["NOAA Scientists Are Cleaning Bathrooms and Reconsidering Lab Experiments After Contracts for Basic Services Expire"](https://www.propublica.org/article/noaa-contracts-seattle-lab). *[ProPublica](https://en.wikipedia.org/wiki/ProPublica "ProPublica")*. Retrieved April 15, 2025.
97. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-98)**
Burleigh, Emma (May 2, 2025). ["U.S. Secretary of Commerce says the 'new model' is factory jobs for life—for you, your kids, and your grandkids"](https://fortune.com/article/secretary-of-commerce-howard-lutnick-trump-tariffs-factory-jobs-gen-z-trade-work/). *Fortune*. Retrieved May 2, 2025.
98. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-99)**
Jacobs, Jennifer; Watson, Kathryn (February 13, 2025). ["How Trump is reshaping the Kennedy Center, moving away from "woke culture""](https://www.cbsnews.com/news/trump-reshaping-kennedy-center-board-performances/). [CBS News](https://en.wikipedia.org/wiki/CBS_News "CBS News"). Retrieved February 22, 2025.
99. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-GoodwinEpstein_100-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-GoodwinEpstein_100-1) [***c***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-GoodwinEpstein_100-2)
Goodwin, Grace Eliza (January 30, 2026). ["US Commerce Secretary Howard Lutnick planned visit to Jeffrey Epstein's private island, emails show"](https://www.bbc.com/news/articles/crmlr0nk8y9o). BBC News. Retrieved February 3, 2026.
100. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-101)**
["Howard Lutnick, Trump's commerce secretary, visited Epstein's island, new release shows"](https://www.ctvnews.ca/world/article/commerce-secretary-lutnick-planned-lunch-on-epsteins-island-new-release-shows/). *CTV News*. [Reuters](https://en.wikipedia.org/wiki/Reuters "Reuters"). January 30, 2026. Retrieved January 31, 2026.
101. ^ [***a***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-AP-largest-batch2_102-0) [***b***](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-AP-largest-batch2_102-1)
Tucker, Eric; Sisak, Michael R. (January 30, 2026). ["Justice Department releases largest batch yet of Epstein documents, says it totals 3 million pages"](https://apnews.com/article/epstein-files-justice-department-trump-ed743598c320b94bd9d91631618678d9). *[AP News](https://en.wikipedia.org/wiki/AP_News "AP News")*. Retrieved January 31, 2026.
102. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-103)**
["Lutnick Acknowledges Traveling to Epstein's Island"](https://www.nytimes.com/2026/02/10/us/politics/howard-lutnick-jeffrey-epstein-island.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. February 10, 2026. Retrieved February 10, 2026.
103. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-104)**
Vega, Alyssa (February 10, 2026). ["Lutnick says he visited Epstein's private island as bipartisan lawmakers call on him to resign"](https://www.bostonglobe.com/2026/02/10/nation/commerce-secretary-faces-resignation-calls/). *[The Boston Globe](https://en.wikipedia.org/wiki/The_Boston_Globe "The Boston Globe")*. Retrieved February 10, 2026.
104. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-105)**
[Gray, Christopher](https://en.wikipedia.org/wiki/Christopher_Gray_\(architectural_historian\) "Christopher Gray (architectural historian)") (May 13, 2001). ["Stylish Block of 19th- and 20th-Century Town Houses"](https://www.nytimes.com/2001/05/13/realestate/streetscapes-71st-street-between-fifth-madison-avenues-stylish-block-19th-20th.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
105. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-106)**
Rothfeld, Michael (February 7, 2026). ["Files Detail Epstein's Dealings With Commerce Secretary Howard Lutnick"](https://www.nytimes.com/2026/02/07/nyregion/lutnick-epstein-files-dealings.html). *The New York Times*. [ISSN](https://en.wikipedia.org/wiki/ISSN_\(identifier\) "ISSN (identifier)") [0362-4331](https://search.worldcat.org/issn/0362-4331). Retrieved February 14, 2026.
106. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-107)**
Clarke, Katherine; Solomont, E.B. (December 18, 2024). ["Trump's Pick for Commerce Secretary Bought Bret Baier's D.C. Home for \$25 Million"](https://www.wsj.com/real-estate/luxury-homes/howard-lutnick-washington-dc-home-48b32550). *[The Wall Street Journal](https://en.wikipedia.org/wiki/The_Wall_Street_Journal "The Wall Street Journal")*. Retrieved February 20, 2025.
107. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-108)**
[Bumiller, Elizabeth](https://en.wikipedia.org/wiki/Elizabeth_Bumiller "Elizabeth Bumiller") (January 19, 2025). ["A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses"](https://www.nytimes.com/2025/01/19/us/politics/trump-billionaires-washington-homes.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 19, 2025.
108. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-109)**
Rothfeld, Michael; Farrell, Maureen; Kantor, Jodi (September 16, 2025). ["The Commerce Secretary, a Gilded Hotel and Claims of a Secret Plan"](https://www.nytimes.com/2025/09/16/business/lutnick-pierre-hotel.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. [Archived](https://web.archive.org/web/20250916180639/https://www.nytimes.com/2025/09/16/business/lutnick-pierre-hotel.html) from the original on September 16, 2025. Retrieved September 17, 2025.
109. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-110)**
Taub, Daniel (October 19, 2021). ["Cantor's Lutnick Diagnosed With Lymphoma, Calls It Treatable"](https://www.bloomberg.com/news/articles/2021-10-19/cantor-s-lutnick-diagnosed-with-lymphoma-says-it-s-treatable). [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). Retrieved February 19, 2025.
110. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-111)**
Cortellessa, Eric (April 16, 2025). ["Howard Lutnick"](https://time.com/collections/100-most-influential-people-2025/7273801/howard-lutnick/). *[Time](https://en.wikipedia.org/wiki/Time_\(magazine\) "Time (magazine)")*. Retrieved April 17, 2025.
111. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-112)**
Catsoulis, Jeannette (September 5, 2013). ["The C.E.O. at the Center of a Catastrophe"](https://www.nytimes.com/2013/09/06/movies/out-of-the-clear-blue-sky-a-film-about-cantor-fitzgerald.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved January 28, 2026.
## External links
- [](https://en.wikipedia.org/wiki/File:Commons-logo.svg) Media related to [Howard Lutnick](https://commons.wikimedia.org/wiki/Category:Howard_Lutnick "commons:Category:Howard Lutnick") at Wikimedia Commons
-  Quotations related to [Howard Lutnick](https://en.wikiquote.org/wiki/Special:Search/Howard_Lutnick "wikiquote:Special:Search/Howard Lutnick") at Wikiquote
- [Appearances](https://www.c-span.org/person/?142244) on [C-SPAN](https://en.wikipedia.org/wiki/C-SPAN "C-SPAN")
| Political offices | | |
|---|---|---|
| Preceded by[Gina Raimondo](https://en.wikipedia.org/wiki/Gina_Raimondo "Gina Raimondo") | **[United States Secretary of Commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce")** 2025–present | **Incumbent** |
| Order of precedence | | |
| Preceded by[Brooke Rollins](https://en.wikipedia.org/wiki/Brooke_Rollins "Brooke Rollins")***as United States Secretary of Agriculture*** | **[Order of precedence of the United States](https://en.wikipedia.org/wiki/United_States_order_of_precedence "United States order of precedence") *as Secretary of Commerce*** | Succeeded by[Lori Chavez-DeRemer](https://en.wikipedia.org/wiki/Lori_Chavez-DeRemer "Lori Chavez-DeRemer")***as United States Secretary of Labor*** |
| [U.S. presidential line of succession](https://en.wikipedia.org/wiki/United_States_presidential_line_of_succession "United States presidential line of succession") | | |
| Preceded by[Brooke Rollins](https://en.wikipedia.org/wiki/Brooke_Rollins "Brooke Rollins")***as United States Secretary of Agriculture*** | **Tenth in line** ***as Secretary of Commerce*** | Succeeded by[Lori Chavez-DeRemer](https://en.wikipedia.org/wiki/Lori_Chavez-DeRemer "Lori Chavez-DeRemer")***as United States Secretary of Labor*** |
| [v](https://en.wikipedia.org/wiki/Template:Current_U.S._Cabinet "Template:Current U.S. Cabinet") [t](https://en.wikipedia.org/wiki/Template_talk:Current_U.S._Cabinet "Template talk:Current U.S. Cabinet") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Current_U.S._Cabinet "Special:EditPage/Template:Current U.S. Cabinet")Members of the [Cabinet of the United States](https://en.wikipedia.org/wiki/Cabinet_of_the_United_States "Cabinet of the United States") | | |
|---|---|---|
| Cabinet members | **[Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump")** • **[Vance](https://en.wikipedia.org/wiki/JD_Vance "JD Vance")** [Bessent](https://en.wikipedia.org/wiki/Scott_Bessent "Scott Bessent") [Blanche](https://en.wikipedia.org/wiki/Todd_Blanche "Todd Blanche") (acting) [Burgum](https://en.wikipedia.org/wiki/Doug_Burgum "Doug Burgum") [Chavez-DeRemer](https://en.wikipedia.org/wiki/Lori_Chavez-DeRemer "Lori Chavez-DeRemer") [Collins](https://en.wikipedia.org/wiki/Doug_Collins_\(politician\) "Doug Collins (politician)") [Duffy](https://en.wikipedia.org/wiki/Sean_Duffy "Sean Duffy") [Hegseth](https://en.wikipedia.org/wiki/Pete_Hegseth "Pete Hegseth") [Kennedy](https://en.wikipedia.org/wiki/Robert_F._Kennedy_Jr. "Robert F. Kennedy Jr.") [Lutnick]() [McMahon](https://en.wikipedia.org/wiki/Linda_McMahon "Linda McMahon") [Mullin](https://en.wikipedia.org/wiki/Markwayne_Mullin "Markwayne Mullin") [Rollins](https://en.wikipedia.org/wiki/Brooke_Rollins "Brooke Rollins") [Rubio](https://en.wikipedia.org/wiki/Marco_Rubio "Marco Rubio") [Turner](https://en.wikipedia.org/wiki/Scott_Turner_\(politician\) "Scott Turner (politician)") [Wright](https://en.wikipedia.org/wiki/Chris_Wright "Chris Wright") | [](https://en.wikipedia.org/wiki/File:The_White_House_logo_under_Trump_2.0.jpg "White House Logo") |
| [Cabinet-level members](https://en.wikipedia.org/wiki/Cabinet_of_the_United_States#Cabinet-level_officials "Cabinet of the United States") | [Gabbard](https://en.wikipedia.org/wiki/Tulsi_Gabbard "Tulsi Gabbard") [Greer](https://en.wikipedia.org/wiki/Jamieson_Greer "Jamieson Greer") [Loeffler](https://en.wikipedia.org/wiki/Kelly_Loeffler "Kelly Loeffler") [Ratcliffe](https://en.wikipedia.org/wiki/John_Ratcliffe "John Ratcliffe") [Vought](https://en.wikipedia.org/wiki/Russell_Vought "Russell Vought") [Wiles](https://en.wikipedia.org/wiki/Susie_Wiles "Susie Wiles") [Zeldin](https://en.wikipedia.org/wiki/Lee_Zeldin "Lee Zeldin") | |
| [Cabinet of Donald Trump](https://en.wikipedia.org/wiki/Second_cabinet_of_Donald_Trump "Second cabinet of Donald Trump") | | |
| [v](https://en.wikipedia.org/wiki/Template:US_presidential_line_of_succession "Template:US presidential line of succession") [t](https://en.wikipedia.org/wiki/Template_talk:US_presidential_line_of_succession "Template talk:US presidential line of succession") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:US_presidential_line_of_succession "Special:EditPage/Template:US presidential line of succession")[United States presidential line of succession](https://en.wikipedia.org/wiki/United_States_presidential_line_of_succession "United States presidential line of succession") | |
|---|---|
| [Succession Clause of Article II, Section I](https://en.wikipedia.org/wiki/Article_Two_of_the_United_States_Constitution "Article Two of the United States Constitution") (1788) [12th Amendment](https://en.wikipedia.org/wiki/Twelfth_Amendment_to_the_United_States_Constitution "Twelfth Amendment to the United States Constitution") (1804) [20th Amendment](https://en.wikipedia.org/wiki/Twentieth_Amendment_to_the_United_States_Constitution "Twentieth Amendment to the United States Constitution") (1933) [25th Amendment](https://en.wikipedia.org/wiki/Twenty-fifth_Amendment_to_the_United_States_Constitution "Twenty-fifth Amendment to the United States Constitution") (1967) [Presidential Succession Act](https://en.wikipedia.org/wiki/Presidential_Succession_Act "Presidential Succession Act") | |
| Current line | [Vice President](https://en.wikipedia.org/wiki/Vice_President_of_the_United_States "Vice President of the United States") ([JD Vance](https://en.wikipedia.org/wiki/JD_Vance "JD Vance")) [Speaker of the House of Representatives](https://en.wikipedia.org/wiki/Speaker_of_the_United_States_House_of_Representatives "Speaker of the United States House of Representatives") ([Mike Johnson](https://en.wikipedia.org/wiki/Mike_Johnson "Mike Johnson")) [President pro tempore of the Senate](https://en.wikipedia.org/wiki/President_pro_tempore_of_the_United_States_Senate "President pro tempore of the United States Senate") ([Chuck Grassley](https://en.wikipedia.org/wiki/Chuck_Grassley "Chuck Grassley")) [Secretary of State](https://en.wikipedia.org/wiki/United_States_Secretary_of_State "United States Secretary of State") ([Marco Rubio](https://en.wikipedia.org/wiki/Marco_Rubio "Marco Rubio")) [Secretary of the Treasury](https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Treasury "United States Secretary of the Treasury") ([Scott Bessent](https://en.wikipedia.org/wiki/Scott_Bessent "Scott Bessent")) [Secretary of Defense](https://en.wikipedia.org/wiki/United_States_Secretary_of_Defense "United States Secretary of Defense") ([Pete Hegseth](https://en.wikipedia.org/wiki/Pete_Hegseth "Pete Hegseth")) [Attorney General](https://en.wikipedia.org/wiki/United_States_Attorney_General "United States Attorney General") ([Todd Blanche](https://en.wikipedia.org/wiki/Todd_Blanche "Todd Blanche") (acting)) [Secretary of the Interior](https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Interior "United States Secretary of the Interior") ([Doug Burgum](https://en.wikipedia.org/wiki/Doug_Burgum "Doug Burgum")) [Secretary of Agriculture](https://en.wikipedia.org/wiki/United_States_Secretary_of_Agriculture "United States Secretary of Agriculture") ([Brooke Rollins](https://en.wikipedia.org/wiki/Brooke_Rollins "Brooke Rollins")) [Secretary of Commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") ([Howard Lutnick]()) [Secretary of Labor](https://en.wikipedia.org/wiki/United_States_Secretary_of_Labor "United States Secretary of Labor") ([Lori Chavez-DeRemer](https://en.wikipedia.org/wiki/Lori_Chavez-DeRemer "Lori Chavez-DeRemer")) [Secretary of Health and Human Services](https://en.wikipedia.org/wiki/United_States_Secretary_of_Health_and_Human_Services "United States Secretary of Health and Human Services") ([Robert F. Kennedy Jr.](https://en.wikipedia.org/wiki/Robert_F._Kennedy_Jr. "Robert F. Kennedy Jr.")) [Secretary of Housing and Urban Development](https://en.wikipedia.org/wiki/United_States_Secretary_of_Housing_and_Urban_Development "United States Secretary of Housing and Urban Development") ([Scott Turner](https://en.wikipedia.org/wiki/Scott_Turner_\(politician\) "Scott Turner (politician)")) [Secretary of Transportation](https://en.wikipedia.org/wiki/United_States_Secretary_of_Transportation "United States Secretary of Transportation") ([Sean Duffy](https://en.wikipedia.org/wiki/Sean_Duffy "Sean Duffy")) [Secretary of Energy](https://en.wikipedia.org/wiki/United_States_Secretary_of_Energy "United States Secretary of Energy") ([Chris Wright](https://en.wikipedia.org/wiki/Chris_Wright "Chris Wright")) [Secretary of Education](https://en.wikipedia.org/wiki/United_States_Secretary_of_Education "United States Secretary of Education") ([Linda McMahon](https://en.wikipedia.org/wiki/Linda_McMahon "Linda McMahon")) [Secretary of Veterans Affairs](https://en.wikipedia.org/wiki/United_States_Secretary_of_Veterans_Affairs "United States Secretary of Veterans Affairs") ([Doug Collins](https://en.wikipedia.org/wiki/Doug_Collins_\(politician\) "Doug Collins (politician)")) [Secretary of Homeland Security](https://en.wikipedia.org/wiki/United_States_Secretary_of_Homeland_Security "United States Secretary of Homeland Security") ([Markwayne Mullin](https://en.wikipedia.org/wiki/Markwayne_Mullin "Markwayne Mullin")) |
| [v](https://en.wikipedia.org/wiki/Template:United_States_secretaries_of_commerce "Template:United States secretaries of commerce") [t](https://en.wikipedia.org/wiki/Template_talk:United_States_secretaries_of_commerce "Template talk:United States secretaries of commerce") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:United_States_secretaries_of_commerce "Special:EditPage/Template:United States secretaries of commerce")[United States secretaries of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") | | |
|---|---|---|
| [Commerce and labor](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce_and_Labor "United States Secretary of Commerce and Labor") | [Cortelyou](https://en.wikipedia.org/wiki/George_B._Cortelyou "George B. Cortelyou") [Metcalf](https://en.wikipedia.org/wiki/Victor_H._Metcalf "Victor H. Metcalf") [Straus](https://en.wikipedia.org/wiki/Oscar_Straus_\(politician\) "Oscar Straus (politician)") [Nagel](https://en.wikipedia.org/wiki/Charles_Nagel "Charles Nagel") | [](https://en.wikipedia.org/wiki/File:Seal_of_the_United_States_Department_of_Commerce.svg "Seal of the United States Department of Commerce") |
| [Commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") | [Redfield](https://en.wikipedia.org/wiki/William_C._Redfield "William C. Redfield") [Alexander](https://en.wikipedia.org/wiki/Joshua_W._Alexander "Joshua W. Alexander") [Hoover](https://en.wikipedia.org/wiki/Herbert_Hoover "Herbert Hoover") [Whiting](https://en.wikipedia.org/wiki/William_F._Whiting "William F. Whiting") [Lamont](https://en.wikipedia.org/wiki/Robert_P._Lamont "Robert P. Lamont") [Chapin](https://en.wikipedia.org/wiki/Roy_D._Chapin "Roy D. Chapin") [Roper](https://en.wikipedia.org/wiki/Daniel_C._Roper "Daniel C. Roper") [Hopkins](https://en.wikipedia.org/wiki/Harry_Hopkins "Harry Hopkins") [Jones](https://en.wikipedia.org/wiki/Jesse_H._Jones "Jesse H. Jones") [Wallace](https://en.wikipedia.org/wiki/Henry_A._Wallace "Henry A. Wallace") [Harriman](https://en.wikipedia.org/wiki/W._Averell_Harriman "W. Averell Harriman") [Sawyer](https://en.wikipedia.org/wiki/Charles_W._Sawyer "Charles W. Sawyer") [Weeks](https://en.wikipedia.org/wiki/Sinclair_Weeks "Sinclair Weeks") [Strauss](https://en.wikipedia.org/wiki/Lewis_Strauss "Lewis Strauss") [Mueller](https://en.wikipedia.org/wiki/Frederick_H._Mueller "Frederick H. Mueller") [Hodges](https://en.wikipedia.org/wiki/Luther_H._Hodges "Luther H. Hodges") [Connor](https://en.wikipedia.org/wiki/John_T._Connor "John T. Connor") [Trowbridge](https://en.wikipedia.org/wiki/Alexander_Trowbridge "Alexander Trowbridge") [Smith](https://en.wikipedia.org/wiki/C._R._Smith "C. R. Smith") [Stans](https://en.wikipedia.org/wiki/Maurice_Stans "Maurice Stans") [Peterson](https://en.wikipedia.org/wiki/Peter_G._Peterson "Peter G. Peterson") [Dent](https://en.wikipedia.org/wiki/Frederick_B._Dent "Frederick B. Dent") [Morton](https://en.wikipedia.org/wiki/Rogers_Morton "Rogers Morton") [Richardson](https://en.wikipedia.org/wiki/Elliot_Richardson "Elliot Richardson") [Kreps](https://en.wikipedia.org/wiki/Juanita_M._Kreps "Juanita M. Kreps") [Klutznick](https://en.wikipedia.org/wiki/Philip_Klutznick "Philip Klutznick") [Baldrige](https://en.wikipedia.org/wiki/Malcolm_Baldrige_Jr. "Malcolm Baldrige Jr.") [Verity](https://en.wikipedia.org/wiki/William_Verity_Jr. "William Verity Jr.") [Mosbacher](https://en.wikipedia.org/wiki/Robert_Mosbacher "Robert Mosbacher") [Franklin](https://en.wikipedia.org/wiki/Barbara_Franklin "Barbara Franklin") [Brown](https://en.wikipedia.org/wiki/Ron_Brown "Ron Brown") [Kantor](https://en.wikipedia.org/wiki/Mickey_Kantor "Mickey Kantor") [Daley](https://en.wikipedia.org/wiki/William_M._Daley "William M. Daley") [Mineta](https://en.wikipedia.org/wiki/Norman_Mineta "Norman Mineta") [Evans](https://en.wikipedia.org/wiki/Donald_Evans "Donald Evans") [Gutierrez](https://en.wikipedia.org/wiki/Carlos_Gutierrez "Carlos Gutierrez") [Locke](https://en.wikipedia.org/wiki/Gary_Locke "Gary Locke") [Bryson](https://en.wikipedia.org/wiki/John_Bryson "John Bryson") [Pritzker](https://en.wikipedia.org/wiki/Penny_Pritzker "Penny Pritzker") [Ross](https://en.wikipedia.org/wiki/Wilbur_Ross "Wilbur Ross") [Raimondo](https://en.wikipedia.org/wiki/Gina_Raimondo "Gina Raimondo") [Lutnick]() | |
| [v](https://en.wikipedia.org/wiki/Template:Second_Trump_cabinet "Template:Second Trump cabinet") [t](https://en.wikipedia.org/wiki/Template_talk:Second_Trump_cabinet "Template talk:Second Trump cabinet") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Second_Trump_cabinet "Special:EditPage/Template:Second Trump cabinet")[Second cabinet](https://en.wikipedia.org/wiki/Second_cabinet_of_Donald_Trump "Second cabinet of Donald Trump") of [President](https://en.wikipedia.org/wiki/President_of_the_United_States "President of the United States") [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") (2025–present) | | |
|---|---|---|
| Cabinet | | |
| [Vice President](https://en.wikipedia.org/wiki/Vice_President_of_the_United_States "Vice President of the United States") | [JD Vance](https://en.wikipedia.org/wiki/JD_Vance "JD Vance") ([2025–present](https://en.wikipedia.org/wiki/Vice_presidency_of_JD_Vance "Vice presidency of JD Vance")) | [](https://en.wikipedia.org/wiki/File:Official_Presidential_Portrait_of_President_Donald_J._Trump_\(2025\).jpg) |
| [Secretary of State](https://en.wikipedia.org/wiki/United_States_Secretary_of_State "United States Secretary of State") | [Marco Rubio](https://en.wikipedia.org/wiki/Marco_Rubio "Marco Rubio") (2025–present) | |
| [Secretary of the Treasury](https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Treasury "United States Secretary of the Treasury") | [Scott Bessent](https://en.wikipedia.org/wiki/Scott_Bessent "Scott Bessent") (2025–present) | |
| [Secretary of Defense](https://en.wikipedia.org/wiki/United_States_Secretary_of_Defense "United States Secretary of Defense") | [Pete Hegseth](https://en.wikipedia.org/wiki/Pete_Hegseth "Pete Hegseth") (2025–present) | |
| [Attorney General](https://en.wikipedia.org/wiki/United_States_Attorney_General "United States Attorney General") | [Pam Bondi](https://en.wikipedia.org/wiki/Pam_Bondi "Pam Bondi") (2025–2026) [Todd Blanche](https://en.wikipedia.org/wiki/Todd_Blanche "Todd Blanche") (2026–present, acting) | |
| [Secretary of the Interior](https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Interior "United States Secretary of the Interior") | [Doug Burgum](https://en.wikipedia.org/wiki/Doug_Burgum "Doug Burgum") (2025–present) | |
| [Secretary of Agriculture](https://en.wikipedia.org/wiki/United_States_Secretary_of_Agriculture "United States Secretary of Agriculture") | [Brooke Rollins](https://en.wikipedia.org/wiki/Brooke_Rollins "Brooke Rollins") (2025–present) | |
| [Secretary of Commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") | [Howard Lutnick]() (2025–present) | |
| [Secretary of Labor](https://en.wikipedia.org/wiki/United_States_Secretary_of_Labor "United States Secretary of Labor") | [Lori Chavez-DeRemer](https://en.wikipedia.org/wiki/Lori_Chavez-DeRemer "Lori Chavez-DeRemer") (2025–present) | |
| [Secretary of Health and Human Services](https://en.wikipedia.org/wiki/United_States_Secretary_of_Health_and_Human_Services "United States Secretary of Health and Human Services") | [Robert F. Kennedy Jr.](https://en.wikipedia.org/wiki/Robert_F._Kennedy_Jr. "Robert F. Kennedy Jr.") (2025–present) | |
| [Secretary of Housing and Urban Development](https://en.wikipedia.org/wiki/United_States_Secretary_of_Housing_and_Urban_Development "United States Secretary of Housing and Urban Development") | [Scott Turner](https://en.wikipedia.org/wiki/Scott_Turner_\(politician\) "Scott Turner (politician)") (2025–present) | |
| [Secretary of Transportation](https://en.wikipedia.org/wiki/United_States_Secretary_of_Transportation "United States Secretary of Transportation") | [Sean Duffy](https://en.wikipedia.org/wiki/Sean_Duffy "Sean Duffy") (2025–present) | |
| [Secretary of Energy](https://en.wikipedia.org/wiki/United_States_Secretary_of_Energy "United States Secretary of Energy") | [Chris Wright](https://en.wikipedia.org/wiki/Chris_Wright "Chris Wright") (2025–present) | |
| [Secretary of Education](https://en.wikipedia.org/wiki/United_States_Secretary_of_Education "United States Secretary of Education") | [Linda McMahon](https://en.wikipedia.org/wiki/Linda_McMahon "Linda McMahon") (2025–present) | |
| [Secretary of Veterans Affairs](https://en.wikipedia.org/wiki/United_States_Secretary_of_Veterans_Affairs "United States Secretary of Veterans Affairs") | [Doug Collins](https://en.wikipedia.org/wiki/Doug_Collins_\(politician\) "Doug Collins (politician)") (2025–present) | |
| [Secretary of Homeland Security](https://en.wikipedia.org/wiki/United_States_Secretary_of_Homeland_Security "United States Secretary of Homeland Security") | [Kristi Noem](https://en.wikipedia.org/wiki/Kristi_Noem "Kristi Noem") (2025–2026) [Markwayne Mullin](https://en.wikipedia.org/wiki/Markwayne_Mullin "Markwayne Mullin") (2026–present) | |
| Cabinet-level | | |
| [Administrator of the Environmental Protection Agency](https://en.wikipedia.org/wiki/Administrator_of_the_Environmental_Protection_Agency "Administrator of the Environmental Protection Agency") | [Lee Zeldin](https://en.wikipedia.org/wiki/Lee_Zeldin "Lee Zeldin") (2025–present) | |
| Director of the [Office of Management and Budget](https://en.wikipedia.org/wiki/Office_of_Management_and_Budget "Office of Management and Budget") | [Russell Vought](https://en.wikipedia.org/wiki/Russell_Vought "Russell Vought") (2025–present) | |
| [Director of National Intelligence](https://en.wikipedia.org/wiki/Director_of_National_Intelligence "Director of National Intelligence") | [Tulsi Gabbard](https://en.wikipedia.org/wiki/Tulsi_Gabbard "Tulsi Gabbard") (2025–present) | |
| [Director of the Central Intelligence Agency](https://en.wikipedia.org/wiki/Director_of_the_Central_Intelligence_Agency "Director of the Central Intelligence Agency") | [John Ratcliffe](https://en.wikipedia.org/wiki/John_Ratcliffe "John Ratcliffe") (2025–present) | |
| [Trade Representative](https://en.wikipedia.org/wiki/Office_of_the_United_States_Trade_Representative "Office of the United States Trade Representative") | [Jamieson Greer](https://en.wikipedia.org/wiki/Jamieson_Greer "Jamieson Greer") (2025–present) | |
| [Administrator of the Small Business Administration](https://en.wikipedia.org/wiki/Administrator_of_the_Small_Business_Administration "Administrator of the Small Business Administration") | [Kelly Loeffler](https://en.wikipedia.org/wiki/Kelly_Loeffler "Kelly Loeffler") (2025–present) | |
| [White House Chief of Staff](https://en.wikipedia.org/wiki/White_House_Chief_of_Staff "White House Chief of Staff") | [Susie Wiles](https://en.wikipedia.org/wiki/Susie_Wiles "Susie Wiles") (2025–present) | |
| See also: [Political appointments of the second Trump administration](https://en.wikipedia.org/wiki/Political_appointments_of_the_second_Trump_administration "Political appointments of the second Trump administration") | | |
| [Authority control databases](https://en.wikipedia.org/wiki/Help:Authority_control "Help:Authority control") [](https://www.wikidata.org/wiki/Q16194176#identifiers "Edit this at Wikidata") | |
|---|---|
| International | [ISNI](https://isni.org/isni/0000000038378843) [VIAF](https://viaf.org/viaf/41206531) [FAST](https://id.worldcat.org/fast/481733) [WorldCat](https://id.oclc.org/worldcat/entity/E39PBJg8HJd4rcRrRxpjwpMwYP) |
| National | [United States](https://id.loc.gov/authorities/n2002109556) |
| Other | [Yale LUX](https://lux.collections.yale.edu/view/person/8b1b992d-7dfb-47ed-9be4-02c5b46ae9b4) |
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Howard Lutnick
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[Add topic](https://en.wikipedia.org/wiki/Howard_Lutnick) |
| Readable Markdown | | Howard Lutnick | |
|---|---|
| [](https://en.wikipedia.org/wiki/File:Howard_Lutnick_2025.jpg)Official portrait, 2025 | |
| 41st [United States Secretary of Commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") | |
| **[Incumbent](https://en.wikipedia.org/wiki/Incumbent "Incumbent")** | |
| **Assumed office** February 21, 2025 | |
| President | [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") |
| [Deputy](https://en.wikipedia.org/wiki/Deputy_United_States_Secretary_of_Commerce "Deputy United States Secretary of Commerce") | [Paul Dabbar](https://en.wikipedia.org/wiki/Paul_Dabbar "Paul Dabbar") |
| Preceded by | [Gina Raimondo](https://en.wikipedia.org/wiki/Gina_Raimondo "Gina Raimondo") |
| Personal details | |
| Born | Howard William Lutnick July 14, 1961 (age 64) [Long Island](https://en.wikipedia.org/wiki/Long_Island "Long Island"), [New York](https://en.wikipedia.org/wiki/New_York_\(state\) "New York (state)"), U.S. |
| [Party](https://en.wikipedia.org/wiki/Political_party "Political party") | [Republican](https://en.wikipedia.org/wiki/Republican_Party_\(United_States\) "Republican Party (United States)") (since 2016) |
| Other political affiliations | [Democratic](https://en.wikipedia.org/wiki/Democratic_Party_\(United_States\) "Democratic Party (United States)") (until 2016) |
| Spouse | Allison Lambert (m. 1994) |
| Children | 4 |
| Education | [Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College") ([BA](https://en.wikipedia.org/wiki/Bachelor_of_Arts "Bachelor of Arts")) |
**Howard William Lutnick** (born July 14, 1961) is an American businessman and government official who has served as the 41st [United States secretary of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce") since 2025.
In 1983, Lutnick was hired at [Cantor Fitzgerald](https://en.wikipedia.org/wiki/Cantor_Fitzgerald "Cantor Fitzgerald") under the mentorship of the firm's founder, [B. Gerald Cantor](https://en.wikipedia.org/wiki/B._Gerald_Cantor "B. Gerald Cantor"). In 1990, Lutnick became president and chief executive of Cantor Fitzgerald. After Cantor's declining health in 1995, Lutnick became involved in a contentious legal battle with Cantor's wife, [Iris](https://en.wikipedia.org/wiki/Iris_Cantor "Iris Cantor"), over succession plans, filing suit in [Delaware](https://en.wikipedia.org/wiki/Delaware "Delaware") court claiming Cantor lacked sufficient mental capacity to make decisions. Following a settlement that gave Lutnick management control, he was appointed chairman of Cantor Fitzgerald after Cantor's death in 1996. He invested significantly in technology, establishing an [electronic trading platform](https://en.wikipedia.org/wiki/Electronic_trading_platform "Electronic trading platform") known as [eSpeed](https://en.wikipedia.org/wiki/ESpeed "ESpeed"). In the [September 11 attacks](https://en.wikipedia.org/wiki/September_11_attacks "September 11 attacks"), Cantor Fitzgerald lost 658 employees, including Howard's brother, Gary. Lutnick's handling of the aftermath, including the immediate cessation of salaries to families of deceased employees, drew both praise for his efforts to rebuild the firm and criticism from victims' families.
After fundraising for [Hillary Clinton](https://en.wikipedia.org/wiki/Hillary_Clinton "Hillary Clinton") in [2016](https://en.wikipedia.org/wiki/Hillary_Clinton_2016_presidential_campaign "Hillary Clinton 2016 presidential campaign"), Lutnick was a fundraiser for [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump")'s [2020](https://en.wikipedia.org/wiki/Donald_Trump_2020_presidential_campaign "Donald Trump 2020 presidential campaign") and [2024](https://en.wikipedia.org/wiki/Donald_Trump_2024_presidential_campaign "Donald Trump 2024 presidential campaign") presidential campaigns and a vocal proponent of Trump's tariff proposals. In August 2024, he was named co-chair of Donald Trump's [presidential transition](https://en.wikipedia.org/wiki/Second_presidential_transition_of_Donald_Trump "Second presidential transition of Donald Trump") team. President-elect Trump nominated Lutnick for Secretary of Commerce in November 2024. Following a [Senate Committee on Commerce, Science, and Transportation](https://en.wikipedia.org/wiki/United_States_Senate_Committee_on_Commerce,_Science,_and_Transportation "United States Senate Committee on Commerce, Science, and Transportation") hearing in January 2025, he was confirmed by the [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") in February. As commerce secretary, he has advocated for tariffs and made controversial statements regarding [Social Security](https://en.wikipedia.org/wiki/Social_Security_\(United_States\) "Social Security (United States)") payments. *[Time](https://en.wikipedia.org/wiki/Time_\(magazine\) "Time (magazine)")* listed Lutnick as one of [the world's 100 most influential people](https://en.wikipedia.org/wiki/Time_100 "Time 100") in 2025.
Early life and education
[](https://en.wikipedia.org/wiki/File:Haverfordfounders.jpg)
[Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College"), where Lutnick studied, pictured in 2010
Howard William Lutnick[\[1\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-wed-1) was born on July 14, 1961,[\[2\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gordon-2) on [Long Island](https://en.wikipedia.org/wiki/Long_Island "Long Island"), [New York](https://en.wikipedia.org/wiki/New_York_\(state\) "New York (state)").[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3) He was the second son of [Solomon](https://en.wikipedia.org/wiki/Solomon_Lutnick "Solomon Lutnick") and Jane (née Lieberman) Lutnick.[\[a\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-8)[\[8\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-Jane-obit-9) Solomon was a professor of history at [Queens College, City University of New York](https://en.wikipedia.org/wiki/Queens_College,_City_University_of_New_York "Queens College, City University of New York"), while Jane was a painter and sculptor[\[1\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-wed-1) who taught at the [C.W. Post Campus of Long Island University](https://en.wikipedia.org/wiki/LIU_Post "LIU Post").[\[9\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-10) Lutnick is of [Jewish](https://en.wikipedia.org/wiki/Jews "Jews") descent.[\[10\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-11) He was raised in [Jericho, New York](https://en.wikipedia.org/wiki/Jericho,_New_York "Jericho, New York"),[\[2\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gordon-2) and attended [Jericho High School](https://en.wikipedia.org/wiki/Jericho_High_School "Jericho High School").[\[11\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Bolger-12) In February 1978,[\[8\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-Jane-obit-9) during Lutnick's junior year, Jane died of [lymphoma](https://en.wikipedia.org/wiki/Lymphoma "Lymphoma"). Lutnick attended [Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College") as a Division III tennis recruit.[\[12\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Roth24-13) In Lutnick's first week of classes, Solomon died of a [chemotherapy](https://en.wikipedia.org/wiki/Chemotherapy "Chemotherapy") drug overdose; he was being treated for [colon cancer](https://en.wikipedia.org/wiki/Colon_cancer "Colon cancer") that had [metastasized](https://en.wikipedia.org/wiki/Metastasis "Metastasis") to his lungs. [Robert Stevens](https://en.wikipedia.org/wiki/Robert_Stevens_\(lawyer\) "Robert Stevens (lawyer)"), the president of Haverford College, offered to waive his fees to the university. At Haverford, Lutnick became captain of the tennis team. He graduated in 1983 with a degree in economics.[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3)
Career
Cantor Fitzgerald
[](https://en.wikipedia.org/wiki/File:World_Trade_Center,_New_York_City_-_aerial_view_\(March_2001\).jpg)
[1 World Trade Center](https://en.wikipedia.org/wiki/1_World_Trade_Center_\(1971%E2%80%932001\) "1 World Trade Center (1971–2001)") (left), Cantor Fitzgerald's corporate headquarters until [its destruction](https://en.wikipedia.org/wiki/Collapse_of_the_World_Trade_Center "Collapse of the World Trade Center")
After graduating, Lutnick worked at Noonan, Astley & Pierce as a broker for the [United States dollar](https://en.wikipedia.org/wiki/United_States_dollar "United States dollar")–[Japanese yen](https://en.wikipedia.org/wiki/Japanese_yen "Japanese yen") exchange, where he met [B. Gerald Cantor](https://en.wikipedia.org/wiki/B._Gerald_Cantor "B. Gerald Cantor").[\[13\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Q&A-14) In 1983, Cantor took Lutnick as his protégé and hired him at his eponymous firm, [Cantor Fitzgerald](https://en.wikipedia.org/wiki/Cantor_Fitzgerald "Cantor Fitzgerald"), encouraged by Rod Fisher, a partner at the firm and Cantor's nephew.[\[14\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Eat-15) Within a year and a half, Lutnick had steadily ascended within the firm, becoming the chief executive of a division of Cantor Fitzgerald that managed the personal investments of Cantor and his associates. He brought additional clients, increasing its profitability to become one of Cantor Fitzgerald's most lucrative divisions.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16) By December 1990, Lutnick was appointed Cantor's successor in the event of his death.[\[14\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Eat-15) In 1991,[\[16\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-eSpeed-17) after a failed attempt by Cantor Fitzgerald's president to oust him, Lutnick became the firm's chief executive[\[17\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-18) and president.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16) The following year, Cantor restructured Cantor Fitzgerald to a partnership and implemented a succession plan, abandoning his previous effort to give the company to a charitable foundation.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16)
In 1990, Cantor began undergoing [kidney dialysis](https://en.wikipedia.org/wiki/Kidney_dialysis "Kidney dialysis"), and in December 1995, he was hospitalized in [New York](https://en.wikipedia.org/wiki/New_York_\(state\) "New York (state)"). Lutnick moved to implement a succession plan at Cantor Fitzgerald, allowing him to become a managing general partner at the firm. The lack of involvement of Cantor's family infuriated its members, including his wife, [Iris Cantor](https://en.wikipedia.org/wiki/Iris_Cantor "Iris Cantor"), whose attorneys had argued with Lutnick's attorneys. In March 1996, Lutnick and his division, CF Group Management, filed a lawsuit in [Delaware](https://en.wikipedia.org/wiki/Delaware "Delaware") to enforce the plan, arguing that Cantor did not possess "sufficient mental capacity" to understand the legal documents he was signing. *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* noted that Lutnick had already lost the necessary support of the Cantors.[\[15\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-16) The partners settled in May, allowing Lutnick to retain management control while the Cantors hold a limited partnership stake.[\[18\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-19) In July, Cantor died.[\[19\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-20) As chairman[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3) of Cantor Fitzgerald, Lutnick sought to broker deals with larger investment companies such as [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank") and [Merrill Lynch](https://en.wikipedia.org/wiki/Merrill_\(company\) "Merrill (company)").[\[20\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-21)
Lutnick heralded technology at Cantor Fitzgerald. In September 1998, the firm began [electronic trading](https://en.wikipedia.org/wiki/Electronic_trading "Electronic trading") for futures contracts on [Treasury bonds](https://en.wikipedia.org/wiki/Treasury_bond "Treasury bond") and [notes](https://en.wikipedia.org/wiki/Treasury_note "Treasury note"),[\[21\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-22) developing [eSpeed](https://en.wikipedia.org/wiki/ESpeed "ESpeed"), an [electronic trading platform](https://en.wikipedia.org/wiki/Electronic_trading_platform "Electronic trading platform"), with an investment of US\$250 million. eSpeed was released in March 1999.[\[16\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-eSpeed-17) In addition, Lutnick diversified Cantor's investments, seeking to establish a brokering business in Europe—spending at least US\$43 million since 1994—and a futures exchange known as [Cantor Exchange](https://en.wikipedia.org/wiki/Cantor_Exchange "Cantor Exchange"), though it traded significantly fewer contracts than its competitors, including the [Chicago Board of Trade](https://en.wikipedia.org/wiki/Chicago_Board_of_Trade "Chicago Board of Trade").[\[14\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Eat-15) Businessman [Michael Spencer](https://en.wikipedia.org/wiki/Michael_Spencer "Michael Spencer") noted that eSpeed had become a dominant market in [Treasury securities](https://en.wikipedia.org/wiki/United_States_Treasury_security "United States Treasury security") trading, but had not achieved similar successes in other markets. By September 2001, eSpeed had created four dozen marketplaces, including TradeSpark, an exchange for natural gas and electricity.[\[13\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Q&A-14) After the [Enron scandal](https://en.wikipedia.org/wiki/Enron_scandal "Enron scandal"), TradeSpark received a surge in usage.[\[22\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2002a-23)
At the time of the [terrorist attacks on September 11, 2001](https://en.wikipedia.org/wiki/September_11_attacks "September 11 attacks"), Cantor Fitzgerald was headquartered in [the North Tower](https://en.wikipedia.org/wiki/1_World_Trade_Center_\(1970%E2%80%932001\) "1 World Trade Center (1970–2001)") of the [World Trade Center](https://en.wikipedia.org/wiki/World_Trade_Center_\(1973%E2%80%932001\) "World Trade Center (1973–2001)"). The company occupied several floors just above where [American Airlines Flight 11](https://en.wikipedia.org/wiki/American_Airlines_Flight_11 "American Airlines Flight 11") crashed into the building. Of the 960 total employees who worked for Cantor Fitzgerald in New York City, all 658 who were in the office on the day of the attacks died.[\[23\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Craig-24)[\[24\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-25) Lutnick was scheduled to go into the office that day, but he had taken his son to kindergarten. His brother, Gary, did not survive.[\[7\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-Lee-7) Cantor Fitzgerald's operations in [London](https://en.wikipedia.org/wiki/London "London") and [New Jersey](https://en.wikipedia.org/wiki/New_Jersey "New Jersey") allowed eSpeed to continue trading.[\[25\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-26) Lutnick's interviews with [Connie Chung](https://en.wikipedia.org/wiki/Connie_Chung "Connie Chung") on [ABC News](https://en.wikipedia.org/wiki/ABC_News_\(United_States\) "ABC News (United States)") were widely publicized[\[26\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-27) and he became nationally recognized.[\[27\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-28) Internally, however, he garnered criticism from families of employees at Cantor Fitzgerald for the company's refusal to continue paying any part of the salaries owed to employees who were ultimately killed in the attack. According to Lutnick, getting this authorized was beyond practical: banks would not endorse the continued payment of two-thirds of their employees, particularly when they were well-aware that said employees were deceased and no longer active employees of the company. However, the relief the company obtained by way of its freedom from those very salary obligations provided Cantor Fitzgerald with an indispensable safety net in the immediate, uncertain aftermath.[\[28\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-29) The [American Red Cross](https://en.wikipedia.org/wiki/American_Red_Cross "American Red Cross") offered as much as US\$30,000 to the families of the victims after Lutnick appealed to the organization's president and chief executive, [Bernadine Healy](https://en.wikipedia.org/wiki/Bernadine_Healy "Bernadine Healy").[\[29\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-30) Lutnick attended twenty funerals a day for over a month.[\[30\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-BBC-31) In October, Cantor Fitzgerald began distributing US\$45 million to families.[\[31\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2001b-32) In February 2002, the firm announced it would divide US\$4.9 million in profit to survivors.[\[32\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2002b-33)
[](https://en.wikipedia.org/wiki/File:Howard_Lutnick,_Cantor_Fitzgerald_Chairman_and_CEO.jpg)
Lutnick speaking at a *[Financial Times](https://en.wikipedia.org/wiki/Financial_Times "Financial Times")* event in November 2007
A year after the attacks, Lutnick began negotiations to relocate Cantor Fitzgerald to [Union Square, Manhattan](https://en.wikipedia.org/wiki/Union_Square,_Manhattan "Union Square, Manhattan"), at [14th Street](https://en.wikipedia.org/wiki/14th_Street_\(Manhattan\) "14th Street (Manhattan)") between [Broadway](https://en.wikipedia.org/wiki/Broadway_\(Manhattan\) "Broadway (Manhattan)") and [University Place](https://en.wikipedia.org/wiki/University_Place_\(Manhattan\) "University Place (Manhattan)"), from the firm's temporary headquarters at 135 East 57th Street.[\[33\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Bagli-34)[\[34\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-35) He requested US\$50 million for the initiative from the [United States Congress](https://en.wikipedia.org/wiki/United_States_Congress "United States Congress") and formed a working relationship with [Florida](https://en.wikipedia.org/wiki/Florida "Florida") representative [Bill Young](https://en.wikipedia.org/wiki/Bill_Young_\(Florida_politician\) "Bill Young (Florida politician)"), the chairman of the [House Committee on Appropriations](https://en.wikipedia.org/wiki/United_States_House_Committee_on_Appropriations "United States House Committee on Appropriations"), but the final legislation signed by president [George W. Bush](https://en.wikipedia.org/wiki/George_W._Bush "George W. Bush") did not explicitly mention Cantor Fitzgerald and was less than what Lutnick had requested at US\$33 million.[\[33\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Bagli-34) The deal later fell through, and Lutnick began considering 10 Hanover Square[\[35\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-36) before moving into 110 East 59th Street, fulfilling his vow to never return to [Lower Manhattan](https://en.wikipedia.org/wiki/Lower_Manhattan "Lower Manhattan").[\[36\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-37) By December 2002, Cantor Fitzgerald had 750 employees in New York.[\[23\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Craig-24) In August 2004, the firm established a partnership, [BGC Partners](https://en.wikipedia.org/wiki/BGC_Partners "BGC Partners"), for its voice brokerage business.[\[37\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-38) Lutnick was appointed the chief executive of Cantor Fitzgerald's fixed-income trading and sales business, succeeding Irvin Goldman, in October 2007.[\[38\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-39)
In January 2017, [Anshu Jain](https://en.wikipedia.org/wiki/Anshu_Jain "Anshu Jain"), a former [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank") executive, joined Cantor Fitzgerald as its president;[\[39\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-40) Jain died in 2022.[\[40\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-41) By September 2018, Lutnick was worth US\$1.5 billion, according to the [Bloomberg Billionaires Index](https://en.wikipedia.org/wiki/Bloomberg_Billionaires_Index "Bloomberg Billionaires Index").[\[41\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-42) Since 2020, Cantor Fitzgerald has invested in cryptocurrency, particularly [Tether](https://en.wikipedia.org/wiki/Tether_\(cryptocurrency\) "Tether (cryptocurrency)"), a major cryptocurrency company which has been implicated in money laundering and sanctions evasion by regimes in [Russia](https://en.wikipedia.org/wiki/Russia "Russia"), [Iran](https://en.wikipedia.org/wiki/Iran "Iran"), and [North Korea](https://en.wikipedia.org/wiki/North_Korea "North Korea").[\[42\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Woods-43) In July 2024, Lutnick and presidential candidate [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") spoke at a [Bitcoin](https://en.wikipedia.org/wiki/Bitcoin "Bitcoin") conference in [Nashville, Tennessee](https://en.wikipedia.org/wiki/Nashville,_Tennessee "Nashville, Tennessee"), in which Lutnick announced Cantor Fitzgerald would open a US\$2 billion lending facility with Bitcoin as collateral.[\[43\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-44) As of October, Cantor Fitzgerald manages the majority of Tether's reserve assets, including over US\$80 billion in [Treasury securities](https://en.wikipedia.org/wiki/United_States_Treasury_security "United States Treasury security").[\[44\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-45) The firm has also invested in political endeavors, including by encouraging [Rumble](https://en.wikipedia.org/wiki/Rumble_\(company\) "Rumble (company)"), an [alt-tech](https://en.wikipedia.org/wiki/Alt-tech "Alt-tech") video hosting company, to go public, advising a business operated by [Omeed Malik](https://en.wikipedia.org/wiki/Omeed_Malik "Omeed Malik"), and investing in Strive Enterprises, an asset management company owned by [Vivek Ramaswamy](https://en.wikipedia.org/wiki/Vivek_Ramaswamy "Vivek Ramaswamy").[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46)
In February 2025, after being confirmed by the [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") as the [United States secretary of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce"), Lutnick named his sons, Brandon and Kyle, who were in their 20s, as chairman and executive vice chairman, respectively. In addition, Sage Kelly, Pascal Bandelier, and Christian Wall were named to lead Cantor's investment banking, equities, and fixed income divisions, respectively.[\[46\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-47) During his time in the White House as commerce secretary, Lutnick has pushed for projects and investments that benefitted his family.[\[47\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Lipton-2025-48) *New York Times* wrote in November 2025, "never in modern U.S. history has the office intersected so broadly and deeply with the financial interests of the commerce secretary’s own family, according to interviews with ethics lawyers and historians."[\[47\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Lipton-2025-48)
Philanthropy (2001–present)
After the [September 11 attacks](https://en.wikipedia.org/wiki/September_11_attacks "September 11 attacks"), Lutnick donated US\$1 million to the Cantor Fitzgerald Foundation.[\[7\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-Lee-7) He established the Cantor Fitzgerald Relief Fund, which began donating US\$5,000 to families of victims with one or more children in October 2001.[\[31\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-2001b-32) [Cantor Fitzgerald](https://en.wikipedia.org/wiki/Cantor_Fitzgerald "Cantor Fitzgerald") donated US\$4 million to the fund in September 2002.[\[48\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-49) Cantor Fitzgerald and [BGC Partners](https://en.wikipedia.org/wiki/BGC_Partners "BGC Partners") has held an annual charity day on September 11; by September 2014, the event raised US\$101 million for non-profits dedicated to the attacks, including the September 11th Education Trust.[\[4\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-West-4) As of September 2006, the fund has donated US\$180 million to families.[\[30\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-BBC-31) In 2008, Lutnick appeared on *[The Celebrity Apprentice](https://en.wikipedia.org/wiki/The_Celebrity_Apprentice "The Celebrity Apprentice")*, hosted by [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") in a charity auction.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) The Cantor Fitzgerald Relief Fund has also donated to hurricane relief, including [Hurricane Harvey](https://en.wikipedia.org/wiki/Hurricane_Harvey "Hurricane Harvey") in 2017.[\[49\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-50) With senator [Chuck Schumer](https://en.wikipedia.org/wiki/Chuck_Schumer "Chuck Schumer"), Lutnick appeared at P.S. 256 to personally donate US\$1,000 debit cards to families affected by [Hurricane Sandy](https://en.wikipedia.org/wiki/Hurricane_Sandy "Hurricane Sandy").[\[50\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-51) He gave debit cards of an equal amount to victims of the [2013 Moore tornado](https://en.wikipedia.org/wiki/2013_Moore_tornado "2013 Moore tornado").[\[51\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-52)
Lutnick is the largest benefactor to [Haverford College](https://en.wikipedia.org/wiki/Haverford_College "Haverford College").[\[52\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-53) As of October 2014, when he gave the largest single donation to the college—valued at US\$25 million, he has donated US\$65 million in total.[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3) Lutnick's donations have gone towards the library named after him; the Douglas B. Gardner Integrated Athletic Center; the Cantor Fitzgerald Gallery;[\[12\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Roth24-13) and the Gary Lutnick Tennis & Track Center, among other facilities.[\[53\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-54)
Political activities (2016–present)
[](https://en.wikipedia.org/wiki/File:President_Donald_Trump_signs_Executive_Orders_\(54325856729\).jpg)
Lutnick with president [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") in February 2025
Lutnick, a lifelong Democrat, is now a registered [Republican](https://en.wikipedia.org/wiki/Republican_Party_\(United_States\) "Republican Party (United States)"); in an interview with the *[Wall Street Journal](https://en.wikipedia.org/wiki/Wall_Street_Journal "Wall Street Journal")*, he described himself as a [fiscal conservative](https://en.wikipedia.org/wiki/Fiscal_conservatism "Fiscal conservatism") and [social liberal](https://en.wikipedia.org/wiki/Social_liberalism "Social liberalism") who left the [Democratic Party](https://en.wikipedia.org/wiki/Democratic_Party_\(United_States\) "Democratic Party (United States)") after he felt that the party had shifted further to the [political left](https://en.wikipedia.org/wiki/Left%E2%80%93right_political_spectrum "Left–right political spectrum"). In the [2016 United States elections](https://en.wikipedia.org/wiki/2016_United_States_elections "2016 United States elections"), he donated to presidential candidate [Hillary Clinton](https://en.wikipedia.org/wiki/Hillary_Clinton "Hillary Clinton") and [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") candidate [Kamala Harris](https://en.wikipedia.org/wiki/Kamala_Harris "Kamala Harris").[\[54\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Ensign-55) He later attributed those donations to his wife.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) A [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News") and [OpenSecrets](https://en.wikipedia.org/wiki/OpenSecrets "OpenSecrets") analysis found that the Lutnicks have given political donations since 1989.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) In May 2019, *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* disclosed that Lutnick had hosted a fundraiser for U.S. president and presidential candidate [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") that raised more than US\$5 million.[\[55\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-56) Five years later, he hosted a fundraiser for [South Carolina](https://en.wikipedia.org/wiki/South_Carolina "South Carolina") senator [Tim Scott](https://en.wikipedia.org/wiki/Tim_Scott "Tim Scott").[\[56\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-57)
Lutnick co-hosted a fundraiser for [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") in [London](https://en.wikipedia.org/wiki/London "London") in June 2024 that was organized by [Duke Buchan](https://en.wikipedia.org/wiki/Duke_Buchan "Duke Buchan").[\[57\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-58) In August, he raised US\$15 million[\[58\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-59) for Trump at his home in [Bridgehampton, New York](https://en.wikipedia.org/wiki/Bridgehampton,_New_York "Bridgehampton, New York").[\[59\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-60) The event caused traffic delays from [Riverhead](https://en.wikipedia.org/wiki/Riverhead,_New_York "Riverhead, New York") to [Amagansett](https://en.wikipedia.org/wiki/Amagansett,_New_York "Amagansett, New York") through the night.[\[60\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-61) That month, Lutnick was appointed co-chair of [Trump's transition team](https://en.wikipedia.org/wiki/Second_presidential_transition_of_Donald_Trump "Second presidential transition of Donald Trump")[\[61\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-62) overseeing personnel.[\[62\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-63) With [Woody Johnson](https://en.wikipedia.org/wiki/Woody_Johnson "Woody Johnson") and [Kimberly Guilfoyle](https://en.wikipedia.org/wiki/Kimberly_Guilfoyle "Kimberly Guilfoyle"), he committed to donate US\$2.5 million and joined the Trump Victory Trust.[\[63\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-64) By September, he had raised US\$11 million for Trump, according to Bloomberg News,[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46) including a US\$5 million donation to [MAGA Inc.](https://en.wikipedia.org/wiki/Make_America_Great_Again_Inc. "Make America Great Again Inc.")[\[64\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-65) He appeared at [a rally](https://en.wikipedia.org/wiki/2024_Donald_Trump_rally_at_Madison_Square_Garden "2024 Donald Trump rally at Madison Square Garden") for Trump at [Madison Square Garden](https://en.wikipedia.org/wiki/Madison_Square_Garden "Madison Square Garden") with [Elon Musk](https://en.wikipedia.org/wiki/Elon_Musk "Elon Musk") in October.[\[54\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Ensign-55)
As co-chairman of Trump's transition team, Lutnick prioritized loyalty to Trump in his hiring decisions.[\[65\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-66) After meeting with [Robert F. Kennedy Jr.](https://en.wikipedia.org/wiki/Robert_F._Kennedy_Jr. "Robert F. Kennedy Jr.") in October, Lutnick claimed that he was convinced that [vaccines cause autism](https://en.wikipedia.org/wiki/Vaccines_and_autism "Vaccines and autism"), and that the [National Childhood Vaccine Injury Act](https://en.wikipedia.org/wiki/National_Childhood_Vaccine_Injury_Act "National Childhood Vaccine Injury Act") had allowed vaccine manufacturers to be reckless in the production process.[\[66\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-67) He told the *[New York Post](https://en.wikipedia.org/wiki/New_York_Post "New York Post")* that month that [The Heritage Foundation](https://en.wikipedia.org/wiki/The_Heritage_Foundation "The Heritage Foundation"), which led [Project 2025](https://en.wikipedia.org/wiki/Project_2025 "Project 2025"), was "radioactive".[\[67\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-68)
In 2025, Lutnick was one of the donors who funded the White House's [East Wing demolition](https://en.wikipedia.org/wiki/East_Wing#2025_demolition "East Wing"), and planned building of a ballroom.[\[68\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-69)
Board memberships and assets
In January 2006, Lutnick was named to the board of the [World Trade Center Memorial Foundation](https://en.wikipedia.org/wiki/World_Trade_Center_Memorial_Foundation "World Trade Center Memorial Foundation").[\[69\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-70) As of November 2024, he is a member of the [Partnership for New York City](https://en.wikipedia.org/wiki/Partnership_for_New_York_City "Partnership for New York City")'s board[\[70\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-71) and [Weill Cornell Medicine](https://en.wikipedia.org/wiki/Weill_Cornell_Medicine "Weill Cornell Medicine").[\[71\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-KT-72) From July 2003 to June 2024, he served as a board member of the [Horace Mann School](https://en.wikipedia.org/wiki/Horace_Mann_School "Horace Mann School").[\[72\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-73) Lutnick's financial disclosure form, released in January 2025, revealed that he had at least US\$806 million in assets. He declared shares in [GE Aerospace](https://en.wikipedia.org/wiki/GE_Aerospace "GE Aerospace"), [GE Healthcare](https://en.wikipedia.org/wiki/GE_Healthcare "GE Healthcare"), [The Walt Disney Company](https://en.wikipedia.org/wiki/The_Walt_Disney_Company "The Walt Disney Company"), [Nasdaq, Inc.](https://en.wikipedia.org/wiki/Nasdaq,_Inc. "Nasdaq, Inc."), and the musical *[Kimberly Akimbo](https://en.wikipedia.org/wiki/Kimberly_Akimbo_\(musical\) "Kimberly Akimbo (musical)")*. In 2019 and 2023, he borrowed more than US\$100 million from [Bank of America](https://en.wikipedia.org/wiki/Bank_of_America "Bank of America").[\[73\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-74)
Secretary of commerce (2025–present)
Nomination and confirmation
Lutnick being sworn in as secretary of commerce on February 21, 2025.
Following the [2024 presidential election](https://en.wikipedia.org/wiki/2024_United_States_presidential_election "2024 United States presidential election"), Lutnick was being considered as [secretary of the treasury](https://en.wikipedia.org/wiki/United_States_Secretary_of_the_Treasury "United States Secretary of the Treasury").[\[74\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-75) Within a week, discussions had narrowed to Lutnick and [Scott Bessent](https://en.wikipedia.org/wiki/Scott_Bessent "Scott Bessent"), who was viewed as the front-runner until Lutnick began to advocate for himself. According to *[Politico](https://en.wikipedia.org/wiki/Politico "Politico")*, the decision was being delayed by Lutnick's role in providing information to [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump").[\[75\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-76) *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* reported that Trump had expressed reservations about Lutnick, portraying him as a constant presence and a manipulator, leading to further delays as he broadened his list of candidates.[\[76\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-77) Lutnick was endorsed to the position by [Elon Musk](https://en.wikipedia.org/wiki/Elon_Musk "Elon Musk"), a Trump advisor; Musk considered Bessent as a "business-as-usual choice."[\[77\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-78) On November 19, 2024, Trump selected Lutnick as his nominee for [secretary of commerce](https://en.wikipedia.org/wiki/United_States_Secretary_of_Commerce "United States Secretary of Commerce").[\[78\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-79)
In the months after the election, Lutnick privately negotiated with companies and countries on [Trump's economic policy](https://en.wikipedia.org/wiki/Economic_policy_of_the_second_Donald_Trump_administration "Economic policy of the second Donald Trump administration"). According to the *New York Times*, Lutnick privately encouraged Trump to seek a trade agreement with China, believing that he was in an advantageous position.[\[79\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-80) Lutnick appeared before the [Senate Committee on Commerce, Science, and Transportation](https://en.wikipedia.org/wiki/United_States_Senate_Committee_on_Commerce,_Science,_and_Transportation "United States Senate Committee on Commerce, Science, and Transportation") on January 29, 2025, where he promoted tariffs and vowed greater action on [China](https://en.wikipedia.org/wiki/China "China") and its advances in [artificial intelligence](https://en.wikipedia.org/wiki/Artificial_intelligence "Artificial intelligence"), particularly the release of [DeepSeek R1](https://en.wikipedia.org/wiki/DeepSeek_R1 "DeepSeek R1").[\[80\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-81) In February 2025, the *New York Times* reported that he had been involved in discussions to offer [Intel](https://en.wikipedia.org/wiki/Intel "Intel")'s manufacturing facilities to [TSMC](https://en.wikipedia.org/wiki/TSMC "TSMC").[\[81\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-82)
On February 18, 2025, Lutnick was confirmed by the [Senate](https://en.wikipedia.org/wiki/United_States_Senate "United States Senate") in a 51–45 vote.[\[82\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-83) [Democratic](https://en.wikipedia.org/wiki/Democratic_Party_\(United_States\) "Democratic Party (United States)") senators [Cory Booker](https://en.wikipedia.org/wiki/Cory_Booker "Cory Booker") and [Gary Peters](https://en.wikipedia.org/wiki/Gary_Peters "Gary Peters"), as well as [Republican](https://en.wikipedia.org/wiki/Republican_Party_\(United_States\) "Republican Party (United States)") senators [Jerry Moran](https://en.wikipedia.org/wiki/Jerry_Moran "Jerry Moran") and [Dan Sullivan](https://en.wikipedia.org/wiki/Dan_Sullivan_\(U.S._senator\) "Dan Sullivan (U.S. senator)"), did not vote.[\[83\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-84) He was sworn in on February 21.[\[84\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-85)
Tenure
[](https://en.wikipedia.org/wiki/File:Business_and_Trade_Secretary_Jonathan_Reynolds_meeting_US_Commerce_Secretary_Howard_Lutnick_\(2025\).jpg)
Lutnick meeting with British [Secretary of State for Business and Trade](https://en.wikipedia.org/wiki/Secretary_of_State_for_Business_and_Trade "Secretary of State for Business and Trade") [Jonathan Reynolds](https://en.wikipedia.org/wiki/Jonathan_Reynolds "Jonathan Reynolds") at [10 Downing Street](https://en.wikipedia.org/wiki/10_Downing_Street "10 Downing Street"); June 10, 2025.
Lutnick has supported Trump's trade policy, including the [second Trump tariffs](https://en.wikipedia.org/wiki/Second_Trump_tariffs "Second Trump tariffs").[\[85\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-86) Prior to his confirmation, Lutnick was directed by Trump to impose reciprocal tariffs, telling reporters that the [Department of Commerce](https://en.wikipedia.org/wiki/United_States_Department_of_Commerce "United States Department of Commerce")'s work would be completed by April 1\.[\[86\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-87) In his first meeting with an international official, Lutnick—joined by [United States trade representative](https://en.wikipedia.org/wiki/United_States_Trade_Representative "United States Trade Representative") nominee [Jamieson Greer](https://en.wikipedia.org/wiki/Jamieson_Greer "Jamieson Greer") and [National Economic Council](https://en.wikipedia.org/wiki/National_Economic_Council_\(United_States\) "National Economic Council (United States)") chairman [Kevin Hassett](https://en.wikipedia.org/wiki/Kevin_Hassett "Kevin Hassett")—discussed trade with [Maroš Šefčovič](https://en.wikipedia.org/wiki/Maro%C5%A1_%C5%A0ef%C4%8Dovi%C4%8D "Maroš Šefčovič"), the European commissioner for trade and economic security.[\[87\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-88) Following his confirmation, Lutnick received a congratulatory letter from [Wang Wentao](https://en.wikipedia.org/wiki/Wang_Wentao "Wang Wentao"), the Chinese minister of commerce, expressing dissatisfaction with U.S. tariffs on Chinese goods and that China was willing to resolve "respective concerns through equal dialogue and consultation."[\[88\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-89)
[](https://en.wikipedia.org/wiki/File:Howard_Lutnick_with_Maro%C5%A1_%C5%A0ef%C4%8Dovi%C4%8D_\(2026\)_02.jpg)
Lutnick meeting European Commissioner for Trade [Maroš Šefčovič](https://en.wikipedia.org/wiki/Maro%C5%A1_%C5%A0ef%C4%8Dovi%C4%8D "Maroš Šefčovič") at the [56th World Economic Forum](https://en.wikipedia.org/wiki/56th_World_Economic_Forum "56th World Economic Forum") in [Davos](https://en.wikipedia.org/wiki/Davos "Davos") (2026)
After Trump initiated [a trade war](https://en.wikipedia.org/wiki/2025_United_States_trade_war_with_Canada_and_Mexico "2025 United States trade war with Canada and Mexico") with [Canada](https://en.wikipedia.org/wiki/Canada "Canada") and [Mexico](https://en.wikipedia.org/wiki/Mexico "Mexico"), Lutnick was involved in negotiations with foreign leaders.[\[89\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-90) In an interview on *[Meet the Press](https://en.wikipedia.org/wiki/Meet_the_Press "Meet the Press")* in March 2025, Lutnick said there was "no chance" of a recession due to [Trump's economic policies](https://en.wikipedia.org/wiki/Economic_policy_of_the_second_Donald_Trump_administration "Economic policy of the second Donald Trump administration").[\[90\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-91) According to *Politico*, he received internal criticism for the tariffs.[\[91\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-92) Later that month, Lutnick said the tariffs would be "worth it" even if they lead to a recession.[\[92\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-93) In an interview with the *[Toronto Star](https://en.wikipedia.org/wiki/Toronto_Star "Toronto Star")*, Lutnick justified imposing tariffs on Canada, citing offshoring and fentanyl.[\[42\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Woods-43) That month, Lutnick encouraged [Fox News](https://en.wikipedia.org/wiki/Fox_News "Fox News") viewers to purchase stock in [Tesla](https://en.wikipedia.org/wiki/Tesla,_Inc. "Tesla, Inc."), stating that Tesla stock "will never be this cheap again," which allegedly violated federal ethics rules due to his federal government position.[\[93\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-94) In a podcast interview that month, he stated that only a "fraudster" would be concerned and complain about a missed [Social Security](https://en.wikipedia.org/wiki/Social_Security_\(United_States\) "Social Security (United States)") check, so "the easiest way to find the fraudster is to stop payments and listen" for complaints.[\[94\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-95)
By April, Lutnick had instituted a policy at the [National Oceanic and Atmospheric Administration](https://en.wikipedia.org/wiki/National_Oceanic_and_Atmospheric_Administration "National Oceanic and Atmospheric Administration") that all contracts over \$100,000 had to be personally approved by him.[\[95\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-96) The policy caused a [bottleneck](https://en.wikipedia.org/wiki/Bottleneck_\(production\) "Bottleneck (production)") and, by that month, contracts for maintenance and [janitorial](https://en.wikipedia.org/wiki/Cleaner "Cleaner") service at facilities, [emergency alert](https://en.wikipedia.org/wiki/Emergency_communication_system "Emergency communication system") translations, and [web hosting](https://en.wikipedia.org/wiki/Web_hosting_service "Web hosting service") had lapsed.[\[96\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-97) Later that month, Lutnick publicly promoted "great jobs of the future" for the United States, "where you work in these \[factory\] plants for the rest of your life, and your kids work here, and your grandkids work here," as he gave the example of factory robot technician jobs.[\[97\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-98)
Personal life
Marriage
In December 1994, Lutnick married Allison Lambert, a senior associate at [Wilson Elser Moskowitz Edelman & Dicker](https://en.wikipedia.org/wiki/Wilson_Elser_Moskowitz_Edelman_%26_Dicker "Wilson Elser Moskowitz Edelman & Dicker").[\[1\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-NYT-wed-1) Allison was appointed a trustee of the [John F. Kennedy Center for the Performing Arts](https://en.wikipedia.org/wiki/John_F._Kennedy_Center_for_the_Performing_Arts "John F. Kennedy Center for the Performing Arts") in February 2025 after President [Donald Trump](https://en.wikipedia.org/wiki/Donald_Trump "Donald Trump") appointed himself as the center's chairman.[\[98\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-99) The Lutnicks have four children.[\[54\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Ensign-55)
Relationship with Jeffrey Epstein
Lutnick testifies before the [Senate Appropriations Committee](https://en.wikipedia.org/wiki/Senate_Appropriations_Committee "Senate Appropriations Committee") on his relationship with Epstein; February 10, 2026.
Lutnick said in October 2025 interview that he was neighbors with [Jeffrey Epstein](https://en.wikipedia.org/wiki/Jeffrey_Epstein "Jeffrey Epstein") but swore in 2005 that he would never be in the same room ever again with him due to his "disgusting" behavior at a meeting with Epstein, Lutnick, and Lutnick's wife. As Lutnick explained at that meeting he had asked why Epstein had a massage table in the middle of his house: "I say to him, 'Massage table in the middle of your house? How often do you have a massage?...And he says, 'Every day.' And then he gets, like weirdly close to me, and he says, 'And the right kind of massage'...\[I\]n the six to eight steps it takes to get from his house to my house, my wife and I decided that I will never be in the room with that disgusting person ever again."[\[99\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-GoodwinEpstein-100) Despite this, Lutnick went on to have various contact with Epstein for many years afterward.[\[99\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-GoodwinEpstein-100)
In January 2026, newly released [Epstein files](https://en.wikipedia.org/wiki/Epstein_files "Epstein files") showed extensive contact between Lutnick and Epstein over several years. A longtime Epstein aide reached out to Lutnick in November 2012 to arrange a meeting while Lutnick was in [Saint Thomas](https://en.wikipedia.org/wiki/Saint_Thomas,_U.S._Virgin_Islands "Saint Thomas, U.S. Virgin Islands"); Lutnick, accompanied by his wife Allison and their four children, agreed to a lunch on December 23 on Epstein's private island. Emails showed Lutnick and his wife coordinating logistics, including where to dock their yacht at [Little Saint James](https://en.wikipedia.org/wiki/Little_Saint_James "Little Saint James"). The day after the scheduled meeting, [BBC News](https://en.wikipedia.org/wiki/BBC_News "BBC News") reported that Lutnick "received an email from a redacted sender that said Epstein wanted to pass a message to him, which said: 'Nice seeing you'—suggesting that at least one visit did happen."[\[99\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-GoodwinEpstein-100) The two also had drinks together on another occasion in 2011 according to Epstein's schedule. In November 2015, Epstein received an invitation from Lutnick to a fundraiser at his financial firm for [Hillary Clinton's presidential campaign](https://en.wikipedia.org/wiki/Hillary_Clinton_2016_presidential_campaign "Hillary Clinton 2016 presidential campaign"). In 2017, the two men discussed plans about the construction of a building across the street from both of their homes. The next year, Epstein contributed to a philanthropic dinner hosted by Lutnick.[\[100\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-101)[\[101\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-AP-largest-batch2-102)
When asked about the emails, Lutnick told *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")* "I spent zero time with him" and hung up. A Commerce Department spokesman said Lutnick had "limited interactions" with Epstein "in the presence of his wife" and has never been accused of wrongdoing.[\[101\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-AP-largest-batch2-102) On February 10, 2026, Lutnick testified before the [Senate Appropriations Committee](https://en.wikipedia.org/wiki/Senate_Appropriations_Committee "Senate Appropriations Committee") on his relationship with Epstein. Here, Lutnick admitted that in December 2012, four years after Epstein's conviction, Lutnick and his wife and children visited [Little Saint James](https://en.wikipedia.org/wiki/Little_Saint_James "Little Saint James") where they had lunch with Epstein.[\[102\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-103) The hearing led to bipartisan criticism, and calls for Lutnick's resignation.[\[103\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-104)
Properties
In 1998, Lutnick purchased a [Manhattan](https://en.wikipedia.org/wiki/Manhattan "Manhattan") property at 11 East 71st Street, behind the [Henry Clay Frick House](https://en.wikipedia.org/wiki/Henry_Clay_Frick_House "Henry Clay Frick House"), from the Comet Trust. Lutnick had extensively renovated its interior by May 2001.[\[104\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-105) Lutnick still owns his mansion, as of 2025. This property is next door to the [Herbert N. Straus House](https://en.wikipedia.org/wiki/Herbert_N._Straus_House "Herbert N. Straus House"), the Manhattan home of Jeffrey Epstein from 1995 until his death.[\[105\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-106)
Lutnick also lives in [Bridgehampton, New York](https://en.wikipedia.org/wiki/Bridgehampton,_New_York "Bridgehampton, New York"), on a 40-acre property he purchased in 2003 for US\$15 million. In December 2024, he purchased [Bret Baier](https://en.wikipedia.org/wiki/Bret_Baier "Bret Baier")'s home in [Washington, D.C.](https://en.wikipedia.org/wiki/Washington,_D.C. "Washington, D.C."), for US\$25 million, setting the record for the most expensive house in the city. The property is inspired by the Château du Grand-Lucé.[\[106\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-107) According to the *New York Times*, the purchase—among others by wealthy members of the Trump administration—contributed to an increase in Washington, D.C.'s luxury real estate market.[\[107\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-108) Additionally, Lutnick owns the penthouse of [The Pierre](https://en.wikipedia.org/wiki/The_Pierre "The Pierre") and a condo on the ocean north of [Miami Beach](https://en.wikipedia.org/wiki/Miami_Beach,_Florida "Miami Beach, Florida").[\[108\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-109)
Health
In October 2021, Lutnick disclosed that he had been diagnosed with [non-Hodgkin's lymphoma](https://en.wikipedia.org/wiki/Non-Hodgkin%27s_lymphoma "Non-Hodgkin's lymphoma"). He began [chemotherapy](https://en.wikipedia.org/wiki/Chemotherapy "Chemotherapy") shortly thereafter.[\[109\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-110) By September 2024, he was cancer-free.[\[45\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Gillespie-46)
Awards
Lutnick is a recipient of the [Navy Distinguished Public Service Award](https://en.wikipedia.org/wiki/Navy_Distinguished_Public_Service_Award "Navy Distinguished Public Service Award").[\[71\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-KT-72) In 2025, he was named one of [the world's 100 most influential people](https://en.wikipedia.org/wiki/Time_100 "Time 100") by *[Time](https://en.wikipedia.org/wiki/Time_\(magazine\) "Time (magazine)")*.[\[110\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-111)
In popular culture
Lutnick is prominently featured in the 2013 documentary *[Out of the Clear Blue Sky](https://en.wikipedia.org/w/index.php?title=Out_of_the_Clear_Blue_Sky&action=edit&redlink=1 "Out of the Clear Blue Sky (page does not exist)")*, directed by Danielle Gardner, which examines the destruction and rebuilding of Cantor Fitzgerald following the September 11 attacks. The film highlights Lutnick's efforts to preserve the company after the attack, including by controversially stopping salaries to the families of victims.[\[111\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-112)
Notes
1. **[^](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_ref-8)** Solomon and Jane had one child before and after Lutnick: Edith[\[4\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-West-4) "Edie"[\[5\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-5) (born 1959/1960[\[3\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Snyder-3)[\[6\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-6)) and Gary (1964/1965–2001).[\[7\]](https://en.wikipedia.org/wiki/Howard_Lutnick#cite_note-Henriques-Lee-7)
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[Rutenberg, Jim](https://en.wikipedia.org/wiki/Jim_Rutenberg "Jim Rutenberg"); Carter, Bill (January 23, 2002). ["Connie Chung Gets CNN Prime-Time Spot"](https://www.nytimes.com/2002/01/23/business/connie-chung-gets-cnn-prime-time-spot.html). *[The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")*. Retrieved February 16, 2025.
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External links |
| Shard | 152 (laksa) |
| Root Hash | 17790707453426894952 |
| Unparsed URL | org,wikipedia!en,/wiki/Howard_Lutnick s443 |